About 7200 N Sr 3 North Road
Small Industrial investment property with two long term and stable tenants. Tenant 1 is a bakery tenant with a lease for 10,000 sq ft running until 1-31-30 with rent increases 2-1-27 and 2-1-28. Tenant 2 is Overhead Door leasing 5600 sq ft with a lease running until 12-31-27. This property has good visibility on State Road 3 and is zoned II Intense Industrial. Less than 1/2 of the 2.38 acre site is improved allowing for future expansion with building or outdoor storage area.
Features of 7200 N Sr 3 North Road
| MLS® # | 202633706 |
|---|---|
| Price | $650,000 |
| Bathrooms | 3.00 |
| Square Footage | 103,673 |
| Acres | 2.38 |
| Year Built | 1972 |
| Type | Commercial |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 7200 N Sr 3 North Road |
|---|---|
| Subdivision | None |
| City | Muncie |
| County | Delaware County |
| State | IN |
| Zip Code | 47303 |
Amenities
| Features | Loading Dock 1, Loading Dock 2, Overhead Door 1, Overhead Door 2, Office Space, Reception Area |
|---|---|
| Parking Spaces | 20 |
| Parking | Gravel, Lot, Off-Street, Paved |
| Is Waterfront | No |
Interior
| Interior | Block, Drywall |
|---|---|
| Heating | Gas, Ceiling, Forced Air, Space, Multiple Heating Systems |
| Cooling | Central Air |
| # of Stories | 1 |
| Basement | Slab |
Exterior
| Exterior | Block, Metal |
|---|---|
| Roof | Asphalt, Rubber |
| Construction | No |
Additional Information
| Days on Market | 25 |
|---|---|
| Zoning | II Intense Industrial Zone |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brian Allardt |
|---|---|
| Office | Coldwell Banker Real Estate Group |
| Contact Info | Cell: 765-808-1400 |