3605 N Broadway Avenue, Muncie, IN 47303

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List Price
$649,000
MLS#
22116063
Property Type
Commercial Sale
Sqft. of Residence
1,880
Year Built
1990
Days on Market
88
Status
ACTIVE

Property Description

Rare gas station redevelopment opportunity in Muncie's reemerging north side retail corridor! Formerly occupied by Northwest Bank, this highly visible property sits along Broadway near Princeton, immediately east of the city's established McGalliard Road commercial district. The surrounding mall area has moved through its boom-and-bust cycle and is now seeing renewed investment, active retail traffic, and continued commercial repositioning. The 1,880-square-foot building was constructed in 1990 and retains a recognizable freestanding bank layout, including an existing drive through canopy, multiple access points, onsite parking, and strong exposure to surrounding traffic. Most importantly, the property has received City of Muncie approval for gas station use, substantially reducing the zoning uncertainty normally associated with fuel oriented redevelopment. The site offers a compelling basis for a neighborhood gas station, convenience store, specialty retail concept, quick-service operation, or adaptive reuse of the existing building. Its manageable footprint, existing improvements, and position near Target, AMC, established retailers, residential neighborhoods, and major north-side traffic corridors make it an unusually flexible infill opportunity.

Additional Information

Acres
0.51
Region
Center

Listing courtesy of Jhirmal Singh. Midland Realty Group, Inc.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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