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119 S Liberty St
Muncie, IN 47305
Office Property For Sale


Investment Highlights
- First floor finished as office used as a law office for several years.
- Garage and asphalt parking.
- Second floor bonus space unfinished can be remodeled.
Executive Summary
Office building with asphalt parking and a garage in downtown Muncie. Owner user or investment. Adjacent building at 400 W Jackson St. will be listed soon and can be packaged together, see agent for details. First floor office space configured with 3 rooms/offices and a waiting area plus a 1/2 bath. The office is currently leased at $650 per month on a month to month basis. Second floor is unfinished and could be remodeled.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,500 SF
Building Class
C
Year Built
1896
Price
$157,730 CAD
Price Per SF
$105.15 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
750 SF
Slab To Slab
9’
Building FAR
1.14
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
CB - Central Business District-allows many business and residential uses
Parking
8 Spaces (5.33 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 18-11-09-488-015.000-003 | Improvements Assessment | $122,725 CAD |
| Land Assessment | $13,283 CAD | Total Assessment | $136,008 CAD |
Property Taxes
Parcel Number
18-11-09-488-015.000-003
Land Assessment
$13,283 CAD
Improvements Assessment
$122,725 CAD
Total Assessment
$136,008 CAD
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