1904 N Walnut St | Muncie, IN 47303
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1904 N Walnut St
Muncie, IN 47303
Family Dollar Anchored Redevelopment Opport. · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- FAMILY DOLLAR IS THE ONLY TENANT ON SITE AND CURRENTLY IS PAYING $81,000 IN ANNUAL RENT WITH A LEASE THROUGH 6/30/2026
- THE SUBJECT PROPERTY CONTAINS A LARGE PORTION OF UNDEVELOPED LAND PROVIDING MANY DIFFERENT USE OPPORTUNITIES
- POTENTIAL TO CONVERT VACANCY INTO INTERIOR CLIMATE CONTROLLED SELF STORAGE WITH THE ABILITY TO UTILIZE SURPLUS ACREAGE TO DEVELOP ADDITONAL STORAGE
- THE SUBJECT PROPERTY OFFERS +/- 4.75 ACRES AS PART OF A LARGER LAND TRACT, BUT WILL BE DELINIEATED PRIOR TO SALE
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
47,344 SF
Building Class
C
Year Built/Renovated
1947/1965
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.13
Lot Size
8.26 AC
Parking
80 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
770’ on N. Walnut St.
PROPERTY TAXES
| Parcel Number | 18-11-03-351-005.000-003 | Improvements Assessment | $272,500 |
| Land Assessment | $209,700 | Total Assessment | $482,200 |
PROPERTY TAXES
Parcel Number
18-11-03-351-005.000-003
Land Assessment
$209,700
Improvements Assessment
$272,500
Total Assessment
$482,200
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