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.
Listed By
Agency Name: Coldwell Banker Real Estate Group
Agency Contact: Cell: 765-808-1400
Agent Name: Brian Allardt
Shown By
Agent Name: Jay Tenuta
Agent Phone: (219) 393-9163
Agency Title: Coldwell Banker 1st Choice
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Coldwell Banker 1st Choice Jay Tenuta (219) 393-9163
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400 N High Street, Muncie, IN 47305.
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400 N High Street | MLS# 202629077
This commercial property located at 400 N High Street, Muncie, IN 47305 is currently listed for sale with an asking price of $3,900,000. Search Muncie real estate on www.jaytenuta.com today.