3401 E Memorial Dr, Muncie, IN 47302
sale
$1,200,000
|
Retail
Listed By CENTURY 21 Scheetz
Located at 3401 E Memorial Dr in Muncie, Indiana, this unique commercial opportunity offers both immediate upside and long-term potential in a growing corridor. The property features an existing fuel station with a fuel supply contract that is set to expire soon, creating an opportunity to secure more favorable terms or rebrand the site. Major capital improvements have already been completed, including new fuel tanks and lines installed in 2023, significantly reducing near-term expenses. The site also includes a two-story residential home, offering additional income potential or space for on-site management. Positioned directly across from newly constructed apartment developments, the property benefits from increasing residential density and consistent traffic. The surrounding growth enhances visibility and strengthens the site's long-term viability as a retail fuel location. The current owner is absentee and does not actively operate the business, leaving clear upside for a hands-on operator. This offering is ideal for an owner-user, investor, or regional operator looking to reposition and maximize value.
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Property Features
- Cross Docks: N
- For Auction: N
- MLSID: CRE3401
- Parking Places: 0
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
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