2809 N Walnut ST Pending

Muncie,IN 47303

$ 1250000

- Bed

- Bath

17000 SqFt


Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Pending

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $73

MLS Listing ID 22012474

Year Built 1956

Tax Year 2023

Lot Size 1.180 Acres

Acres 1.18

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

View More
Favorite Go Tour