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505 N Dill Street

Muncie, IN 47303
  • $2,100,000
  • STATUS: Active
  • ON SITE: 244 Days
  • MLS #: 202210322
$2,100,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,465
    SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

HUGE BREWERY IN THE HEART OF COLLEGE CAMPUS: VERY BUSY LOCATION: 2-Level College Brewery Location 4930sf PLUS 3000sf Beer Garden ~ TOTAL 7,950sf including Outdoor Beer Garden, Occupant load 440 people. 21,000+ Students at Ball State U., 3000 Faculty & Staff. Ball State Nursing School 1 block away: 21,597 students. IU Health Ball Memorial Hospital 2 blocks away employs 2400 people. 2 Bars, 2 Dance Floors, 2 sound booths, the only Beer Garden in Muncie. Currently a Very Busy Live Music Venue, Bar & Pool Hall. Room for Full Kitchen, in successful operation for 12+ years. Parking lot adjacent. Next to very busy Greek's Pizzeria with option to open interior doorway for access between these businesses ~ great for snowy winters & hot summers. Very popular location with students, faculty, and medical personnel alike. Almost 50,000 work, live, or study within 1/2 mile. Not a transient campus. 100-Room Hotel construction beginning 2 blocks away. This is the Center of Everything Ball State. Current Tenant month-to-month, still operating this very successful location for the last 12 + years. Keep current tenant, take over, or build to suit. Muncie is now a growing city again, with 3 new major factories, CANPAK beverage can factory being built (862,000 sf facility), INOX Italian Steel (139,000 sf factory) already in operation (next to CANPAK), and DD DANNAR Mobile Power Station Electric Vehicle manufacturing facility currently finishing construction, already in operation. Software companies have moved to Muncie recently also. Muncie is under new management. Pyramid sign on front of building belongs to Tenant, and will need to be purchased separately, if desired.

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© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2022-11-28T00:27:43.833.

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505 N Dill Street Muncie, IN 47303

  • Price: $2,100,000
  • Status: Active
  • On Site: 244 Days
  • MLS #: 202210322
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,465
SQFT
$852
$/SQFT
1951
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Property Description
HUGE BREWERY IN THE HEART OF COLLEGE CAMPUS: VERY BUSY LOCATION: 2-Level College Brewery Location 4930sf PLUS 3000sf Beer Garden ~ TOTAL 7,950sf including Outdoor Beer Garden, Occupant load 440 people. 21,000+ Students at Ball State U., 3000 Faculty & Staff. Ball State Nursing School 1 block away: 21,597 students. IU Health Ball Memorial Hospital 2 blocks away employs 2400 people. 2 Bars, 2 Dance Floors, 2 sound booths, the only Beer Garden in Muncie. Currently a Very Busy Live Music Venue, Bar & Pool Hall. Room for Full Kitchen, in successful operation for 12+ years. Parking lot adjacent. Next to very busy Greek's Pizzeria with option to open interior doorway for access between these businesses ~ great for snowy winters & hot summers. Very popular location with students, faculty, and medical personnel alike. Almost 50,000 work, live, or study within 1/2 mile. Not a transient campus. 100-Room Hotel construction beginning 2 blocks away. This is the Center of Everything Ball State. Current Tenant month-to-month, still operating this very successful location for the last 12 + years. Keep current tenant, take over, or build to suit. Muncie is now a growing city again, with 3 new major factories, CANPAK beverage can factory being built (862,000 sf facility), INOX Italian Steel (139,000 sf factory) already in operation (next to CANPAK), and DD DANNAR Mobile Power Station Electric Vehicle manufacturing facility currently finishing construction, already in operation. Software companies have moved to Muncie recently also. Muncie is under new management. Pyramid sign on front of building belongs to Tenant, and will need to be purchased separately, if desired.
Exterior Features

Construction Type1 Block Exterior BlockWood Fire Doors YN Yes Location CityOn College Campus Lot Dimensions 50X130.5 Parking LotPavedOther Parking Type Asphalt Parking YN Yes Road Access City Roof Material Build-Up Security Light YN No Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

Interior Features

Basement Foundation Full Basement Basement YN Yes Bldg1 Above Grd Sq Ft 2465 Bldg1 Below Grd Sq Ft 2465 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10&8 Column Spacing 0 Cooling Central Air Flooring ConcreteWood Heating Fuel Forced AirGas Interior Height 10 Interior Walls BlockDrywallWood Internal Rooms Kitchen Special Features BasementPublic RestroomsAnsel System Total Restrooms 4

Property Features

Annual Taxes 5867.98 Auction YN No Buildings 1 Burglar Alarm YN No Cross Street University Currently Leased YN Yes Documents Available None Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gross Monthly Rent 5000 Ingress Egress Combo Inside City Limits Yes Lease Available YN No Lease Term Remaining 30 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Bar Property Sub Type Restaurant/Bar Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN No Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2022

Listing provided by Kari Blevins of Coldwell Banker Real Estate Group: MAIN: 765-289-2228.
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2022-11-28T00:27:43.833.

 
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Fort Wayne IN, 46845