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Listed by Annie Scott • F.C. Tucker Company
$ 1,150,000
Est. payment /mo
Active
2809 N Walnut ST Muncie, IN 47303
17,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 17,000 sqft
Price per Sqft $67
MLS Listing ID 22012474
Year Built 1956
Tax Year 2023
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Warehouse
Property Description
Property Description: Premium 17,000 sq ft Commercial Warehouse with Office Space - Ideal NNN Investment Opportunity Introducing a versatile 17,000 sq ft commercial warehouse with 6,000 sq ft dedicated to well-appointed office space, making it a prime investment for any discerning investor. Featuring a rare NNN lease arrangement, the property is tenanted by an A-rated, creditworthy tenant who ensures reliability and peace of mind. Property Highlights: Office Space (6,000 sq ft): Includes 8 private offices, a conference room, employee break room, and 2 bathrooms. The office area is equipped with centralized heating and cooling, providing a comfortable workspace year-round. Warehouse Space (11,000 sq ft): High-functioning warehouse with varying ceiling heights-24 ft in the rear and 18 ft at the front-ideal for diverse storage needs. Equipped with numerous loading docks, this space ensures efficient logistics. Enhanced Security & Structure: The property is fenced with an electric gate entrance, upgraded 3 years ago, offering secure access and heightened security for both personnel and inventory. Constructed from steel, block, and drywall-no wood-this non-combustible building provides a safer environment and better insurance rates. Upgrades & Maintenance: Modernized Electrical: The building features upgraded electrical systems to support demanding operational needs. HVAC: Two 5-ton rooftop units supply heating and cooling to the office, while the industrial side remains uncooled. Roof: Flat rubber roofing, only 5 years old, ensures durability and low maintenance. Recent Improvements (2023): Metal siding was replaced, the parking lot was resealed, and a section of the concrete pad by the entrance gate was renewed for an enhanced exterior. This property, designed with longevity and low maintenance in mind, is a rare find with its robust construction, strategic layout, and high-performance upgrades. Perfect for investors seeking stead
Location
State IN
County Delaware
Zoning Industrial
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District Muncie Community Schools
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