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3727 N Broadway Ave - Investment Opportunity in Muncie, IN! 1.28 Acres of Commercial Land Offered at $450,000 in Muncie, IN 47303

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INVESTMENT HIGHLIGHTS

  • Includes vacant land ready for development
  • 9,375 Sq Ft Warehouse on 1.28 Acres
  • Nearby retailers include Kohl's, AMC Theater, Target, and T.J. Maxx
  • Currently leased through May 31, 2027 generating $4,000/month gross income

PROPERTY FACTS

Price $450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Bank
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.28 AC
No. Stories 1
Zoning Commercial Garage - Commercial Garage & Vacant Land

1 LOT AVAILABLE

Lot

Price $450,000
Price Per AC $351,562.50
Lot Size 1.28 AC

Well-maintained steel-constructed warehouse with frontage on Broadway Avenue. Includes vacant land ready for development

DESCRIPTION

Prime Investment Opportunity – 9,375 Sq Ft warehouse on 1.28 acres near Kohl's, TJ Maxx, Maurices, AMC, Muncie Mall, Star Financial Bank and more. Well-maintained steel-constructed warehouse with frontage on Broadway Avenue. The building features two 12’x14’ overhead doors, concrete flooring throughout, two restrooms, and office space. Currently leased through May 31, 2027 generating $4,000/month gross income, with a rent increase to $4,120/month starting June 1, 2026. The front half of the property is vacant land ready to be developed, potential uses include Retail, QSR, Warehouse, and Office. Whether you're an investor or a future owner-user, this warehouse and developable land provide stable returns with a value-add opportunity in an excellent location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-07-34-429-033.000-003
  • 18-07-34-429-005.000-003
  • 18-07-34-429-004.000-003
  • 18-07-34-429-009.000-003
Land Assessment
$45,400
Improvements Assessment
$99,200
Total Assessment
$144,600
  • Listing ID: 33660265

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 3727 N Broadway Ave, Muncie, IN 47303

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