Active

705 E McGalliard Road

Retail • 72Y Old
$450,000 Listed 1 year ago
0.75 Acres
Share
Property Description

McGalliard Road frontage, .75 acre lot with Billboard Income. Prime redevelopment parcel adjacent to across from multiple retail uses. Across from the soon to be redeveloped Muncie Mall which has new owners. This property consists of 4 lots with a total land size of approximately 3/4 of an acre. The two lots fronting McGalliard are vacant except for a billboard which generates $3500 in annual income. The two rear lots are located on Dunn Ave and each lot has a residential rental property. Interior of rentals can be accessed upon an accepted offer during due diligence period. Frontage lots on McGalliard can be purchased for $250,000 without rental properties. Each house is leased at $1000 a month.

Directions

Walnut to McGalliard east to the property

Property
MLS # 202529957
Date Listed 2025-07-30
Status Active
Property Type Commercial
Property SubType Retail
New Construction No
Type Retail
Annual Taxes $7,400.00
Year Taxes Payable 24 pay 25
Year Built 1954
Virtual Tour propertypanorama.com »
Days on Market 432
Homestead Year No
Room Dimensions
Den 2 × 1850 Level
3rd Bedroom 2 × 1850 Level
External Features
Construction Retail
Lot Size 32,670 sq ft
Acreage 0.75 Acres
Lot Dimensions 120 X 238
Fence None
Location
Area Delaware County
County Delaware
Subdivision Granville Park
Township Center
City Muncie
State IN
Zip 47303
Financial
Assoc. Dues $0.00
Other Fees $256.00
Contact

By submitting this form you agree to be contacted by Ashley Milakis Spencer about your request. Please see our Privacy Policy.

MLS# 202529957
Listing Provided Courtesy of Brian Allardt
Coldwell Banker Real Estate Group
Cell: 765-808-1400

Listing updated July 30, 2026 at 1:45 pm
Last checked 9 minutes ago

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.