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Listed by Jim Bittner • RE/MAX Real Estate Solutions
$ 1,258,000
$ 194,900 545.5%
Est. payment | /mo
3,854 SqFt
$ 1,258,000
$ 194,900 545.5%
Est. payment | /mo
3,854 SqFt
Key Details
Sold Price $1,258,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,854 sqft
Price per Sqft $326
MLS Listing ID 22016647
Sold Date 09/11/25
Year Built 1975
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Retail
Property Description
This mixed-use commercial property on a busy corner lot offers a solid value-added investment opportunity in Anderson, Indiana. The current gross rental income is $1,600 per month. The residential apartment upstairs rents for $600 per month plus utilities. Unit B rents for $450 and D rents for$600 (utilities are included for both). Units A and C are vacant are are set up to be hair salons. Located just one block east of Scatterfield Road, the busiest traffic corridor in Anderson, this property offers a prime location with high visibility and convenient access. Lots of to the door parking with curb cuts on two streets.
Location
State IN
County Madison
Zoning B-1
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District Anderson Community School Corp
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