2801 Madison St Muncie, IN 47302-5132
This exceptional commercial property, situated on the highly visible corner of Madison Street and 21st Street in Muncie, Indiana, presents a fantastic opportunity for a variety of businesses. Boasting a generous 1,792 square feet of space, the building is well-suited for a range of uses, including restaurants, bars, or retail establishments. The layout features three expansive, open-concept rooms, providing ample flexibility for customization to meet specific business needs. Convenient amenities include two bathrooms and a small kitchen area. Parking will never be an issue, with three lots already consolidated into a single 0.41-acre parcel, ensuring ample space for customers and employees. This property benefits from its prime location in a high-traffic area, guaranteeing excellent visibility and accessibility. The asking price is $81,900. This is a rare chance to acquire a well-positioned commercial building in a thriving Muncie location, ready for immediate occupancy and poised for success. Don't miss this opportunity to establish your business in a highly desirable area with excellent potential for growth and profitability. The property is located at 2801 S Madison Street, Muncie, IN.
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Bull's Eye Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.