2700 N Wheeling Avenue

Description

Retail property available just south of the busiest intersection in Muncie----McGalliard Rd and Wheeling Ave. This corner boosts a large successful shopping center (Northwest Plaza) with outlots including; Chase, Bob Evans, Applebees, Taco Bell, Aspen Dental plus many other national retailers. A Speedway Convenience Store and a Payless (Kroger) grocery anchored development are also located at this corner. Wheeling is in process of a road widening and improvement project between Ball State University and Downtown Muncie to this property. The time to buy is now for this quickly developing corridor linking Ball State University to McGalliard Road. The income stream this property produces is a bonus during the holding period until the property is redeveloped. This property ideally located in the northwest quadrant of Muncie close to Ball State University, McGalliard Road and Downtown Muncie. This is a corner lot and ideal for redevelopment, there are several fast food operations nearby and some new construction in the area. Owner reports gross income of over $46,000 annually from 10 units as well as billboard income.