Muncie, IN 47303 7200 N SR 3 North Road
$650,000
Pending
38 more
Presented By: Brian Allardt with Coldwell Banker Real Estate Group; Cell: 765-808-1400
Baths • 3
SQFT • 16,623
Home Details
Small Industrial investment property with two long term and stable tenants. Tenant 1 is a bakery tenant with a lease for 10,000 sq ft running until 1-31-30 with rent increases 2-1-27 and 2-1-28. Tenant 2 is Overhead Door leasing 5600 sq ft with a lease running until 12-31-27. This property has good visibility on State Road 3 and is zoned II Intense Industrial. Less than 1/2 of the 2.38 acre site is improved allowing for future expansion with building or outdoor storage area.
Presented By: Brian Allardt with Coldwell Banker Real Estate Group; Cell: 765-808-1400
Interior Features for 7200 N SR 3 North Road
Other Interior Features
Basement Y/NNo
Burglar Alarm Y/NNo
Interior Height16
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONTownship
Equipment Y/NNo
Basement/FoundationSlab
FlooringVinyl Tile
WallsBlock, Drywall
General for 7200 N SR 3 North Road
# of Buildings1
Age54
Agent First NameBrian
Agent Last NameAllardt
Annual Taxes3324
AreaDelaware County
Associated Document Count
Auction Y/NNo
Bathrooms3
Ceiling Height16
CityMuncie
ClassCOMMERCIAL
CoolingCentral Air
DOM38
FIPS Code18035
HeatingGas, Ceiling, Forced Air, Space, Multiple Heating Systems
Inside City LimitsNo
Legal DescriptionS 1/2 SW 1/4 2.3800Acres STR: 232110
New ConstructionNo
Other Fee DescriptionStorm Water and Ditch
Other Fees $135.4
ParkingYes
ParkingGravel, Lot, Off-Street, Paved
Present UseInvestment Property
REONo
RoofAsphalt, Rubber
SewerPublic
Special FeaturesLoading Dock 1, Loading Dock 2, Overhead Door 1, Overhead Door 2, Office Space, Reception Area
StatusPending
StatusPending
Status Detail0
Stories Count1
SubdivisionNone
Tax Year25 pay 26
TownshipHamilton
TypeIndustrial
Virtual TourClick here
Year Built1972
Zoning DescriptionIndustrial
Exterior for 7200 N SR 3 North Road
Approx. Lot Size Acres2.38
Construction Type 1Steel and Block
County ZoningII Intense Industrial Zone
ExteriorBlock, Metal
Ingress/EgressCombo
Lot Dimensions382 X 270
Lot Size Area103673
Number of Parking Spaces20
Parking Typelot
Road AccessState
Road Frontage Description382
Road SurfaceAsphalt
Security Light Y/NYes
Sprinkler System Y/NNo
Water Softener Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Ryan Orr
Broker / Auctioneer