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About This Home
This 0-bedroom, 2-bathroom commercial at 705 E McGalliard Road in Muncie, IN is listed for $450,000. Built in 1954, on a 0.75 acres lot.
McGalliard Road frontage, .75 acre lot with Billboard Income. Prime redevelopment parcel adjacent to across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall which has new owners. This property consists of 4 lots with a total land size of approximately 3/4 of an acre.
The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots on McGalliard can be purchased for $250,000 without rental properties. Each house is leased at $1000 a month.
Key Features
- Built in 1954
- 0.75 acre lot
Property Details
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
705 E McGalliard Road
Muncie, IN 47303
Granville Park
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Heating
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 705 E McGalliard Road is listed at $450,000. The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1954, 0.75 acre lot. Interior Features: Drywall, Living Space. Exterior Features: Living Space.
This property is listed by Brian Allardt and can be reached at 7658081400 or ballardt@cbcregroup.com.
