505 N Dill Street, Muncie, IN

Others for Sale - $2,100,000 - 2,465 Sq. Ft.


Agent Info

Kari Blevins
Coldwell Banker Real Estate Group

Property Info

CIMLS#1118964
Location
  505 N Dill Street
  Muncie IN 47303
UpdatedDecember 5th, 2022
TypeOthers
Price$2,100,000
Building2,465 Sq. Ft.

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.


Financials