About This Home

This 0-bedroom, 0-bathroom commercial at 705 E McGalliard Road in Muncie, IN is listed for $450,000. Built in 1954, on a 0.75 acres lot.

Key Features

  • Built in 1954
  • 0.75 acre lot

Property Details

1954
Listing Description

McGalliard Road frontage, .75 acre lot with Billboard Income. Prime redevelopment parcel adjacent to across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall which has new owners. This property consists of 4 lots with a total land size of approximately 3/4 of an acre.

The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots on McGalliard can be purchased for $250,000 without rental properties. Each house is leased at $1000 a month.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

705 E McGalliard Road

Muncie, IN 47303

Granville Park

Property Details

Flooring

CarpetVinylTile

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 705 E McGalliard Road is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1954, 0.75 acre lot.

This property is listed by Brian Allardt.

BA

Brian Allardt

Agent at Coldwell Banker Lunsford

Listed by Coldwell Banker Lunsford · Broker phone: (765) 289-2228 · Broker website

MLS# 202529957· Source: Mid-Eastern Indiana Association of Realtor MLS· 456 days on PropertySimple

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

705 E McGalliard Road, Muncie, IN 47303

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