2700 N Wheeling Ave

Retail

2700 N Wheeling Ave, MuncieIN 47304

Property Details

Location

Address
2700 N Wheeling Ave, MuncieIN 47304
County
Delaware
Submarket
Parcels
181104176013000003

Building Size

Building Size
4,114 SF
Rentable Space
4,114 SF

Building Details

Type
 Retail
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.44 Acres
Land (SF)
19,166 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Multi Tenant/Redevelopment

4,114 SF$295,000

Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner.

Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped.

This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.

Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner.

Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped.

This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: ICREX

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