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Multi Family, Retail or Work/Live 607 E Charles St 4,170 SF Vacant Retail Building Muncie, IN 47305 $249,000 ($59.71/SF)
EXECUTIVE SUMMARY
This Historic property in the east central neighborhood of Muncie has been meticulously maintained and updated in recent years with over $200,000 of improvements added in the last few years. Ready to be used again as retail use or converted into multi-family/Air BNB/VRBO or mixed use with residential on second floor and retail. office or studio space on the first floor. This property is currently zoned R5 (Multi-Family) however it has been used as a retail store for a number of years and prior to retail used as a nursery. Business zoning surrounds the property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,170 SF
Building Class
B
Year Built/Renovated
1855/2021
Price
$249,000
Price Per SF
$59.71
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
R5 - This property is currently zoned R5 (Multi-Family) however it has been used as a retail store for a number of years surrounding business zoning.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-11-15-135-001.000-003 | Improvements Assessment | $91,200 |
| Land Assessment | $11,100 | Total Assessment | $102,300 |
PROPERTY TAXES
Parcel Number
18-11-15-135-001.000-003
Land Assessment
$11,100
Improvements Assessment
$91,200
Total Assessment
$102,300
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Multi Family, Retail or Work/Live | 607 E Charles St
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