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1107 Tillotson Ave Muncie, IN 47304

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For Sale
$1,150,000

High-Return Mixed-Use Investment

Property size:
12,600 SF

Property Features for 1107 Tillotson Ave

General Information

Property type
Mixed-use properties
Square Feet
12,600 SF
Class
B
Lot Size
50,965 SF

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Listing Contact
Mark Sturgis
Mark Sturgis

Listing Agency: ADM Commercial Real Estate Listing Agent: Mark Sturgis

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

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Property Insight Report

Overview

This exceptional 12,600 square foot mixed-use property, located at 1107 S Tillotson Ave in Muncie, Indiana (APN: 11-17-305-025.000), presents a compelling owner-user opportunity. Currently zoned BV- VARIETY BUSINESS, this Class B building sits on a generous 1.17-acre lot and offers significant potential for diverse uses. The asking price is $1,150,000, translating to a price per square foot of $91.27. The property's versatility is highlighted by the owner's willingness to lease 10,000 square feet of space, ideally suited for medical use, at a rate of $12.50 per square foot per year, NNN. This attractive lease option provides a strong potential for passive income alongside the ownership benefits. The property's prime location in Muncie, Delaware County, Indiana (zip code 47304), offers excellent visibility and accessibility. This is a rare opportunity to acquire a substantial mixed-use property with immediate income potential and significant upside in a thriving Indiana market. The property's size and zoning allow for a variety of uses, making it an ideal investment for both established businesses and forward-thinking entrepreneurs. Serious inquiries are encouraged to explore this unique investment opportunity further.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Central Indiana Physical ... Physician Dr. Ibrahim Physician Indiana HomeCare Home Health Care Service Rheumatology of Central Indiana Physician Honeycomb Disposal Inc Corporate Office

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Muncie
County
Delaware
State
Indiana
Longitude
-85.4197429
Latitude
40.1837867

FAQs

What type of property is this?
Mixed-use property - High-Return Mixed-Use Investment
Where is this mixed-use property located?
The property is located at 1107 Tillotson Ave Muncie, IN.
What is the asking price?
The asking price for this property is $1,150,000.
More about this property
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