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$299,900 $195,100on 5/20/2020

2620 S Madison Street Muncie, IN 47302

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Property Description
Owner is ready to retire and offer this Muncie restaurant for sale. This is the first Mexican Restaurant in Muncie with the same owner since 1978. Profitable business with room to grow the business and increase the profits. Includes all fixtures and equipment, liquor license, inventory, recipes and real estate. Truly a turn key operation. Steady and consistent income month to month and year to year. The restaurant seats a total of 136 consisting of 28 in the bar area, 20 in the outside patio and 88 in the interior dining room. The building, parking lot, walk-in cooler, freezer and equipment have been well maintained and replaced as needed. Great opportunity for owner - operator or investor.
Address:Property Details For 2620 S Madison Street Muncie IN 47302
Status:Active
on site: 635 days
Price:$299,900
Bathrooms:0
Year Built:1947
Lot Size:0.23
County: Delaware County
Township: Center
MLS #:201849671
Property Type:Restaurant/Bar

Lot Dimensions:80x125
Directions:S. Madison St to 20th St on NE corner
Basement:No
Loan Price
$2,308
Price And Interest $1,564/month
Property Tax $619/month
MTG INS $0/month
HOME INS $125/month
Price
$299,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$619/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
DateOld PriceNew PricePercent Change
05/20/20 $495,000 $299,900 -39.41%
02/26/20 $495,000 $309,900 -37.39%
11/04/19 $495,000 $319,900 -35.37%
10/04/19 $495,000 $329,900 -33.35%
08/29/19 $495,000 $339,900 -31.33%
07/15/19 $495,000 $349,900 -29.31%
06/10/19 $495,000 $399,000 -19.39%
RoomSizeLevel
3rd Bedroom 2 x 1 Info Not Available
Den 1 x 4000 Info Not Available
Annual Property Tax:$3,714
Tax Year:2018
City:Muncie
Subdivision: None
Zip Code:47302
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of Coldwell Banker Real Estate Group.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.