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3206 Madison St Muncie, IN 47302

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For Sale
$275,000

Established Bar, Full Kitchen, Great Location

Property Features for 3206 Madison St

General Information

Property type
Other commercial real estate
Lot Size
10,019 SF

Building Details

Year Built
1964

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Listing Contact
Seth Stanley

Listing Agency: NextHome Elite Real Estate Listing Agent: Seth Stanley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property at 3206 S Madison Street, Muncie, Indiana, presents a unique investment opportunity. The main building is a fully operational bar featuring a complete kitchen and a modern Ansel System, ensuring efficient operations. Its prime location on a major south Muncie thoroughfare provides excellent visibility and accessibility. Ample off-street parking is available for patrons and staff. The open floor plan offers versatility, making it suitable for conversion into a restaurant or cafГ©, should the new owner desire. Adding significant value to this offering is an adjacent investment property included in the purchase price. This additional parcel presents multiple possibilities: it could serve as supplementary space for the bar or restaurant, generate rental income through lease, or be developed into additional parking areas to accommodate future growth. The property sits on a 0.23-acre lot. The asking price for this combined property is $275,000. This is a turnkey operation with significant potential for growth and profitability in a desirable location. The existing infrastructure and equipment provide a solid foundation for immediate success, while the adjacent property offers exciting possibilities for expansion and future development. This is an exceptional opportunity for an entrepreneur seeking a well-established business with significant upside.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ro-Jac's Bar & Pub

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Muncie
County
Delaware
State
Indiana
Longitude
-85.38137
Latitude
40.16491

FAQs

What type of property is this?
Commercial real estate - Established Bar, Full Kitchen, Great Location
Where is this commercial real estate located?
The property is located at 3206 Madison St Muncie, IN.
What is the asking price?
The asking price for this property is $275,000.
More about this property
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