2809 N Walnut ST Pending

Muncie,IN 47303

$ 1250000

- Bed

- Bath

17000 SqFt


Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Pending

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $73

MLS Listing ID 22012474

Year Built 1956

Tax Year 2023

Lot Size 1.180 Acres

Property Description

Property Description: Premium 17,000 sq ft Commercial Warehouse with Office Space - Ideal NNN Investment Opportunity Introducing a versatile 17,000 sq ft commercial warehouse with 6,000 sq ft dedicated to well-appointed office space, making it a prime investment for any discerning investor. Featuring a rare NNN lease arrangement, the property is tenanted by an A-rated, creditworthy tenant who ensures reliability and peace of mind. Property Highlights: Office Space (6,000 sq ft): Includes 8 private offices, a conference room, employee break room, and 2 bathrooms. The office area is equipped with centralized heating and cooling, providing a comfortable workspace year-round. Warehouse Space (11,000 sq ft): High-functioning warehouse with varying ceiling heights-24 ft in the rear and 18 ft at the front-ideal for diverse storage needs. Equipped with numerous loading docks, this space ensures efficient logistics. Enhanced Security & Structure: The property is fenced with an electric gate entrance, upgraded 3 years ago, offering secure access and heightened security for both personnel and inventory. Constructed from steel, block, and drywall-no wood-this non-combustible building provides a safer environment and better insurance rates. Upgrades & Maintenance: Modernized Electrical: The building features upgraded electrical systems to support demanding operational needs. HVAC: Two 5-ton rooftop units supply heating and cooling to the office, while the industrial side remains uncooled. Roof: Flat rubber roofing, only 5 years old, ensures durability and low maintenance. Recent Improvements (2023): Metal siding was replaced, the parking lot was resealed, and a section of the concrete pad by the entrance gate was renewed for an enhanced exterior. This property, designed with longevity and low maintenance in mind, is a rare find with its robust construction, strategic layout, and high-performance upgrades. Perfect for investors seeking stead

Location

State IN

County Delaware

Zoning Industrial

Exterior

Utilities Available Electricity Connected,Sewer Connected,Water Connected

Building

New Construction false

Schools

School District Muncie Community Schools

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