2810 Ethel AveMuncie, IN 47304

Property Details for 2810 Ethel Ave

Year built

1966

Construction

WOOD

Lot size

0.52 AC

Property size (Sq ft)

6,960 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

18-11-17-153-012.000-003

APU

181117153012000003

Description

This exceptional 940-square-foot office suite, located at 2810 W Ethel Avenue, Suite #1 in Muncie, Indiana, presents a fantastic opportunity for businesses seeking a convenient and well-appointed workspace. The suite is part of a larger single-story building totaling 6,960 square feet, comprised of nine individual suites, situated on a spacious 21,780-square-foot lot. The property enjoys a highly visible location just off Tillotson Avenue, across from Payless Grocery, and in close proximity to Indiana University Health Ball Memorial Hospital and Ball State University. The suite itself features a welcoming reception area, three private offices, and a larger room ideal for conferences or training sessions. Utilities are conveniently handled with water and sewage included in the lease

• CAP approach

  CAP return

  Valuation

  6%

  $1,052,640

  6.5%

  $971,666

  7%

  $902,261

• Comparable approach

  Method

  Valuation

  Relative Method

  $832,916

  Geo Method

  $898,937

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,892,200

  Mixed-Use / Specialty

  $969,272

  Hospitality / Lodging

  $712,517

  Office

  $964,629

  Institutional / Educational

  $1,008,040

  Residential Income

  $1,179,400

  Multifamily

  $1,408,580

  Automotive / Energy

  $864,030

  Parking / Income-Based Land

  $297,109

  Restaurant / Food Service

  $506,410

  Healthcare / Senior Housing

  $992,873

Location Insight

City

Muncie

County

Delaware

State

Indiana

Latitude

40.1888

Longitude

-85.42

CBSA code

34620

CBSA name

MUNCIE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].