Multi-Tenant Industrial
For Sale
$650,000
7200 N State Road 3, Muncie, IN 47303
Long-term occupants include a bakery and an Overhead Door operation.
Property SizeContact for details
Lot Size2.38 Acres
Days on Market8
Property Features for 7200 N State Road 3
General Information
Standard status
Active
Lot size
2.38 Acres
Property subtype
Other
Zoning
II Intense Industrial
Building Details
Year Built
1972
Tenancy
Multi
Listing Agency:
Coldwell Banker Real Estate Group
(765) 808-1400
Listed By:
Brian Allardt · License #RB14013784
Source:
Commercialcafe
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 31 at 1:28PM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This warehouse property contains 15,600 sq ft leased across two tenant spaces. The bakery occupies 10,000 sq ft under an agreement extending through 1-31-30, with scheduled rent increases on 2-1-27 and 2-1-28. Overhead Door leases the remaining 5,600 sq ft through 12-31-27.
Built in 1972, the property fronts State Road 3 in Muncie and carries II Intense Industrial zoning. The 2.38-acre site is only partially improved, with less than 1/2 of the land developed. That remaining area is identified for additional building or outdoor storage use.
Built in 1972, the property fronts State Road 3 in Muncie and carries II Intense Industrial zoning. The 2.38-acre site is only partially improved, with less than 1/2 of the land developed. That remaining area is identified for additional building or outdoor storage use.
Key Highlights
- Two leased tenant spaces total 15,600 sq ft
- Bakery lease covers 10,000 sq ft through 1‑31‑30
- Overhead Door occupies 5,600 sq ft through 12‑31‑27
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47303, IN
24,069
Population
11,567
Households
2.1
Avg Household Size
30
Median Age
25%
College-Educated
90%
High-School Grad
58.0 sq mi
ZIP Area
415
Density / Sq Mi
$42,556
Median Household Income
$22,497
Median Earnings
$883
Median Rent
$106,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Affordable Storage — 1600 E Royerton Rd, Muncie, IN 47303
Frequently Asked Questions
What type of property is this?
Warehouse - Long-term occupants include a bakery and an Overhead Door operation.
Where is this warehouse located?
The property is located at 7200 N State Road 3 Muncie, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two leased tenant spaces total 15,600 sq ft; Bakery lease covers 10,000 sq ft through 1‑31‑30; Overhead Door occupies 5,600 sq ft through 12‑31‑27
