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$ 350,000
Est. payment /mo
Active
418 W Adams Street Muncie, IN 47305
0.75 Acres Lot
UPDATED:
10/18/2024 05:15 PM
Key Details
Property Type Commercial
Sub Type Other/Unknown
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202420483
Year Built 1920
Annual Tax Amount $1,188
Tax Year 2023
Lot Size 0.746 Acres
Property Description
Welcome to your next investment opportunity! This exceptional property offers a multitude of possibilities in a revitalizing location near downtown in a historical neighborhood. Boasting an impressive array of features, this building exudes character and charm with its beautiful architecture and stone exterior. Meticulously maintained, it received a new roof in 2016, ensuring longevity and durability for years to come. Inside, the space is abundant, with a versatile layout that includes a sanctuary capable of accommodating approximately 250 people, expandable with a removable wall. The commercial kitchen, multiple restrooms, library, classrooms, studies, and admin office provide ample facilities for various activities and functions. Additional amenities include an elevator for accessibility, 3 central air/heat pump units, and 2 boiler systems for efficient heating. The large east room, complete with a kitchenette and commercial freezers, is perfect for meetings and events. Currently utilized as a church, this property holds immense potential for a growing congregation seeking a new home or for creative repurposing. Alternatively, it presents a fantastic opportunity for conversion into office space or apartments, capitalizing on its convenient location and abundance of amenities.
Location
State IN
County Delaware County
Area Delaware County
Zoning R-5 Residence Zone
Direction West on Adams Street to property on north east corner off Adams and Cherry.
Interior
Flooring Carpet, Vinyl Tile
Appliance Building
Exterior
Waterfront No
Roof Type Asphalt,Flat,Rubber,Shingle
Building
Story 2
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Jason Lipps • RE/MAX Real Estate Groups • Cell: 765-760-4837