About This Home
This 0-bedroom, 0-bathroom commercial at 400 N High Street in Muncie, IN is listed for $3,900,000. Built in 1989, on a 2.16 acres lot.
Key Features
- Built in 1989
- 2.16 acre lot
Property Details
Amenities
Opportunity to own a great investment property located at the Gateway to downtown Muncie Indiana. The Star Bank building includes a diversified mix of quality tenants with long term leases. Anchor tenants include Star Financial Bank, Praxis Risk Services, Coldwell Banker Real Estate Group and the Federal Bureau of Investigation.
A majority of the tenant spaces have been remodeled with many leases extending into 2030. The property has a long history of strong demand and low turnover. Total income is in excess of $610,000 annually and current Profit and Loss shows a 7.2% return. This 3 story property is in excellent condition and has been well maintained. 100% Occupied with 9 tenant spaces ranging from 1022 sq ft to 8700 sq ft.
Monthly Cost Estimate
$20,858/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
400 N High Street
Muncie, IN 47305
Property Details
Flooring
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 400 N High Street is listed at $3,900,000. The estimated monthly payment is $20,859 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1989, 2.16 acre lot.
This property is listed by Brian Allardt and can be reached at 7658081400.
