3550 S Hoyt Ave

    Muncie, IN 47302
    • $440,000
    • STATUS: Active
    • ON SITE: 137 days
    • MLS #: 201823189
    UPDATED: 26 min ago
    $440,000
    • 0
      BEDS
    • 2.87
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,000
      SQFT
    Type:
    Commercial
    Built:
    1996
    County:
    Area:

    School Ratings & Info

    Description

    This is an investment property leased to a publicly traded company. In addition to the net leased property, there exists additional development land to the rear of the property. Buyer could build additional building on the rear land. Modified net lease (a portion of the taxes on the rear land are paid by owner). Five year lease starting at $2,700 per month increasing to $3130.06 by year five.

    Monthly Payment Calculator



    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The ORR Home Selling Team.

    www.movemuncie.com/homes/84149158

    3550 S Hoyt Ave Muncie, IN 47302

    • Price: $440,000
    • Status: Active
    • Updated: 26 min ago
    • MLS #: 201823189
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.87
    Acres
    8,000
    SQFT
    $55
    $/SQFT
    1996
    Built
    County:
    Delaware
    Area:
    Delaware
    Property Description
    This is an investment property leased to a publicly traded company. In addition to the net leased property, there exists additional development land to the rear of the property. Buyer could build additional building on the rear land. Modified net lease (a portion of the taxes on the rear land are paid by owner). Five year lease starting at $2,700 per month increasing to $3130.06 by year five.
    Exterior Features

    Construction Type1 Steel Exterior Metal Fire Doors YN Yes Lighted Parking YN Yes Lot Dimensions 250X500 Parking LotOff-StreetPavedUnpaved Parking Spaces 20 Parking Type N/A Parking YN Yes Road Access City Roof Material Rubber Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 8000 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 2000 Ceiling Height 10 Column Spacing 40 Cooling Central Air Flooring CarpetTile Heating Fuel GasForced Air Interior Height 16 Interior Walls DrywallMetal Special Features 220 Volts Total Restrooms 2

    Property Features

    Annual Taxes 6265.16 Assessed Value 232100 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available Plat MapAerial PhotoFloor PlanIncome/ExpensesLegal DescriptionRent Roll Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining 5 Years New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN No Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2015 Zoning Bv Variety Business Zone

    Listing courtesy of Brian Allardt of Coldwell Banker Lunsford.
    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The ORR Home Selling Team.


    © 2018 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The ORR Home Selling Team.

     
    The ORR Home Selling Team
    2200 W. McGalliard Road
    Muncie IN, 47304