Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Brian Allardt · Cell: 765-808-1400
7200 N SR 3 North Road
$650,000
$39.10 / sq ft
Muncie, IN 47303
- 2.4 acres
- Bathrooms
- 3
- Lot
- 2.38 ac
- Year built
- 1972
- Type
- Industrial
- Listed
- August 18, 2026
- MLS #
- 202633706
About this home
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.
Property details
Interior
- Stories
- 1
- Finished area above grade
- 16,623 sq ft
- Basement
- Slab
- Flooring
- Vinyl
- Heating
- Natural Gas, Ceiling, Forced Air, Space Heater, Multiple Heating Systems
- Cooling
- Central Air
Exterior & parking
- Construction
- Block, Metal Siding
- Roof
- Asphalt, Rubber
- Parking
- Gravel, Parking Lot, Off Street, Paved
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 2.38 ac
- Lot dimensions
- 382 X 270
- Inside city limits
- No
- County
- Delaware County
- Township
- Hamilton
- Cross street
- Royerton Road
- Current use
- Business Service, Distributing, Office/Showroom
- Road frontage
- State Road
- Road surface
- Asphalt
- Platted
- Yes
- Planned unit development
- No
- Directions
- Royerton road to SR 3 south to property on the east side
HOA & community
- Other fees
- $135
- Other fees description
- Storm Water and Ditch
Taxes & terms
- Annual taxes
- $3,324
- Tax year
- 25
- Tax abatement
- No
- Possession
- tenants rights
- Parcel number
- 18-07-23-300-002.000-006
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- Public
- Sewer
- Public Sewer
Income & commercial
- Parking spaces
- 20
- Water meters
- 1
- Ceiling height
- 16
Location
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