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Muncie Industrial Property with Upgrades

2401 S Monroe St Muncie, IN 47302

2401 S Monroe St, Muncie, IN, 47302
$750,000
For Sale
Claim this Listing
$750,000

Multi-tenant industrial property in Muncie with recent upgrades and high potential.

Property Size19,800 SF
Lot Size0.57 Acres
Price / SF$37.88
AddedMar 3, 2025
Days on Market499
Last RefreshJul 15 at 11:57 am

Property Features for 2401 S Monroe St

General Information

Standard status
Active
Size
19,800 SF
Lot size
0.57 Acres

Listing office Keller Williams Indy Metro NE

Listing date Mar 3, 2025

Source Exprealty

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

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Indy Metro NE


Investment Insights

Based on property information with market context.

This multi-tenant property in Muncie, Indiana, presents an opportunity for both end users and investors. Zoned for light industrial use, the property encompasses over 19,800 total square feet. Significant upgrades have been made, including a new metal and granulated torch roof, fresh paint inside and out, new flooring, vanities, cabinets, countertops, and fixtures. A new Goodman AC and Furnace system has also been installed. The property features four overhead doors, 3-phase power, and two kitchen/common areas. Suite A offers 8,000 square feet and a 5-ton overhead crane. Suite B provides 5,540 square feet, Suite C has 2,736 square feet, and Suite D, which is currently occupied, provides 1,992 square feet. All suites have their own overhead door. The space is continuous, with a total of 17,500 square feet currently available for lease or end user.

Key Highlights

  • Recently appraised at $650,000, indicating strong investment potential.
  • Boasting over 19,800 total square feet of space, providing ample room for various uses.
  • Zoned for light industrial use, offering flexibility for different business operations.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

JJC Excavating General Contractor

Suggested Use

Real Estate Agency Dental Office Building Supply Restaurant Spa & Massage Center Hair Salon Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Nail Salon

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

FAQs

What type of property is this?
Industrial property - Multi-tenant industrial property in Muncie with recent upgrades and high potential.
Where is this industrial property located?
The property is located at 2401 S Monroe St Muncie, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Recently appraised at $650,000, indicating strong investment potential.; Boasting over 19,800 total square feet of space, providing ample room for various uses.; Zoned for light industrial use, offering flexibility for different business operations.
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