1300 University Ave Muncie, IN 47303

This remarkable 20,029 square foot historic Hazelwood Mansion, situated on a 63,597 square foot lot at 1300 W University Avenue in Muncie, Indiana, presents a unique investment opportunity. Listed on the National Register of Historic Places since September 8, 1994, this Colonial Revival masterpiece, built in 1915 by Alva Kitselman, boasts exquisite details including a central portico with Ionic columns, a 2 1/2-story rear service wing, and imported Italian marble and glazed tile exterior. The interior features 14,372 square feet of finished above-grade space and an additional 5,657 square feet in a full basement. Recent renovations include newly finished hardwood floors, updated plumbing and electrical systems, new technology installations, fresh paint, elegant wallpaper, and new lighting. The grand foyer showcases a stunning 31-foot ceiling and a custom spiral staircase. Custom-made features throughout include floors, trim, plastered crown molding, window moldings, curved windows, and hardware. The main floor bathrooms have been converted into men's and women's restrooms (3 each). The property includes five furnaces/AC units and a mini-split system, and a roof of imported tile with extra tiles available. Currently used as a salon, this versatile property offers ample parking and is conveniently located minutes from Ball State University's campus, making it ideal for a variety of commercial uses, including multiple businesses sharing a common front desk. Asking price is $800,000.