$610,000
For Sale

114 S Walnut Street

Muncie, IN 47305
6741 sqft | 2 beds | 2.5 baths | 0.06 acres | #22035667
Listing OfficeColdwell Banker Real Estate Group
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Located in the heart of the downtown Muncie district on it's busiest most popular street, this fully remodeled building is ready for a new owner. Every inch of this historic building has been remodeled into a fantastic commercial rental space on the main floor and a luxurious 2 bed, 1.5 bath apartment on the 2nd floor (with office space on the main floor). The apartment also features a fantastic and rare 20x10 rooftop deck! The apartment virtual tour is now live and the listing agent also has a virtual tour available upon request for the first floor commercial space. The tenant pays $2,060/month through April 2026, then has the option to renew the 5-year lease for $2,250/month. The tenant is a multi-billion dollar insurance conglomerate. The apartment features 12 foot ceilings, Richard's Kitchen and Bath custom kitchen with a huge double island and large bath with double shower heads and soaking tub. You'll love the repurposing of the old dumbwaiter that is a focal point of the wet bar (with refrigerator, ice maker, and sink). Remodel details throughout were not overlooked. Custom built-ins are throughout the property. Permitted parking is located immediately outside the entry door in the public parking lot and the city trash is just outside the door in a private area. The apartment could easily be a fastastic high-end AirBnb or executive long-term rental. What's included: all high-end appliances (Italian Ilve stove - gas top, electric oven), custom Fisher Paykel refrigerator, including the 2nd refrigerator, microwave drawer, stacked washer/dryer, living room TV and soundbar, main bedroom TV, all kitchen bar stools, and the Simplisafe security system. Note: the mirror in the half bath is not included with the property. The leased first floor requires 24 hrs notice to show.

  • Property Details
      • InteriorBath Sinks Double Main, Breakfast Bar, Built In Book Shelves, Entrance Foyer, Eat-in Kitchen, Walk-in Closet(s), Windows Vinyl
      • High SchoolMuncie Central High School
      • School DistrictMuncie Community Schools
      • Elementary SchoolEast Washington Academy
      • Property SubtypeSingle Family Residence
      • Exterior MaterialsBalcony, Smart Lock(s)
      • Property ConditionUpdated/Remodeled
      • BasementFull, Unfinished
      • Utility SourceMunicipal/City
      • SubdivisionNo Subdivision
      • Property TypePurchase
      • CountyDelaware
      • Original List Price$620,000
      • MLS #22035667
      • MLS #22035667
      • Cost610000
      • FoundationBlock
      • ViewCity
      • Acres0.06
      • Square Feet6741
      • Year Built1890
      • Bathrooms2.5
      • Bedrooms2
      • Full Baths2
      • Half Baths1

Location

Hilary CasstevensReal Estate Group
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