3 acre corner lot. There is a home on the second lot that has no value. Located on 16th Street near other commercial properties. Tons of possible uses. Available immediately.
Single-tenant NNN freestanding investment opportunity. The 1,569 SF single story building sits on 0.63 acres along E 53rd Street, with traffic counts of 13,000 to 14,400 VPD. Tenant is under a 3-year lease through May 14, 2029 - In-place income: 7% cap rate. The property sits next to Southdale Plaza and less than a mile from I-69 Exit 226, with quick access to the Scatterfield Road retail hub. Do not disturb tenants.
Located in the heart of Anderson's Historic District, this stone-and-brick commercial property offers architectural charm and flexible floor plans for adaptive reuse. Formerly serving as a church and community center, the 6,382-square-foot building features a dramatic main hall with soaring 30-foot ceilings and an elevated stage-ideal for an event venue, performing arts center, creative studio, boutique venue, or modern sanctuary space. The functional layout includes multiple office spaces and administrative areas, catering easily to commercial, non-profit, or mixed-use conversions. A standout feature for the historic district is the expansive, dedicated 20,738-square-foot paved parking lot. Bring your vision to this historic icon and create Anderson's next standout destination!
Turnkey commercial opportunity in Anderson, Indiana! Located at 25 W 38th Street, this beautifully renovated 800-square-foot freestanding commercial building offers an exceptional opportunity for business owners, entrepreneurs, or investors seeking a move-in-ready property with flexible potential uses. The property has undergone extensive renovations, featuring a brand-new roof and gutters, updated electrical panel, updated vinyl windows, luxury vinyl plank (LVP) flooring, modern LED recessed lighting, fresh interior finishes, and updated exterior siding. The bright, open-concept interior provides a versatile floor plan that can accommodate a variety of business configurations, while a separate room offers additional flexibility for a private office, consultation space, or administrative use. A conveniently located half bathroom adds functionality. A full basement spanning the building's footprint provides valuable additional space for storage or other ancillary business needs. Outside, the property features a dedicated four-car gravel parking area, convenient access, and a welcoming front entrance with attractive black metal railings. Situated along W 38th Street in an established area of Anderson, the property benefits from convenient access to surrounding residential neighborhoods and nearby commercial businesses. B-1 zoning offers potential for a variety of neighborhood-oriented commercial uses, subject to local zoning requirements and approvals. Whether you're looking to establish a professional office, expand an existing business, or acquire a versatile commercial investment property, 25 W 38th Street delivers a compelling combination of modern improvements, manageable square footage, and convenient accessibility. Schedule your private showing today and discover the possibilities this renovated commercial property has to offer!
Established Anderson tavern and restaurant opportunity featuring approximately 3,804 square feet above grade, an unfinished Basement, two upstairs 2-bedroom apartments, and two parcels totaling approximately 0.274 acres. Under the same ownership since May 2002, DT's R Bar reflects more than 24 years of pride, dedication, and connection to its customers and community. This neighborhood gathering place combines an operating business with real estate, an existing Kitchen, bar and Dining areas, an enclosed garden-style Patio, Balcony Deck, and paved parking. Known for breakfast favorites, Deb's biscuits and gravy, lunch, dinner, and community gatherings, this longtime local destination offers an opportunity to continue its tradition while introducing fresh ideas. Two upstairs apartments provide additional possibilities-rent both or explore living in one while renting the other. The offering includes the real estate, business, and included owned equipment, creating an appealing opportunity for an owner-operator or investor.
Located at the SE corner of 10th and Main, "The Forge" offers a strategic location for legal and professional services and has been renovated. The Anderson City Court and Police Department are next door, and the Courthouse is a block away. The West Suite (1,013+- sf) is ready for occupancy, and the unfinished East Suite (548+- sf) can be built out to suit a tenant. Street parking is available and the City parking garage is across the street. The main level is configured as two independent Suites, but can easily be used as a single 1,624+- sf suite. There is 900+- sf of secure lower-level storage available for lease for $8 per sf per year. There are two residential apartments upstairs. Tenants pay gas and electric.
Commercial Auto Repair Opportunity! Bring your business ideas to this versatile auto repair property featuring a 30' x 60' main building with two primary garage bays and overhead doors that were replaced in 2015. The property also includes a detached garage with siding and a roof approximately 8 years old, providing additional storage, workspace, or equipment space. The property is secured by a fenced area installed in 2018, offering added functionality for vehicles, equipment, and outdoor storage. The main building is equipped with a furnace approximately five years old. It also includes one functional half bath and existing plumbing in place for a potential second. The existing vehicle lift is negotiable, providing an opportunity for a buyer to continue operating an auto-related business or utilize the space for another compatible commercial purpose. Property is being sold AS IS. Buyer to verify all information, measurements, permitted uses, zoning, and suitability for intended use. A great opportunity for an established automotive business, entrepreneur, or investor looking for a functional commercial property with multiple work and storage areas.
Positioned along one of Anderson’s most active commercial corridors, this building offers exceptional visibility, access, and versatility for a wide range of users. Situated on 2.53 acres along S Scatterfield Road (US-9), the property sits in the heart of the city’s main retail district, surrounded by national brands including Walmart, Kohl’s, Meijer, Lowe’s, Walgreens, Harrah's Casino, and numerous restaurants and service businesses. Originally constructed in 2001, the building features modern infrastructure, including LED lighting throughout, two loading docks, strong 3-phase power, restrooms, and 110 parking spaces. Zoned B-4 (Community Shopping Center). Whether for an owner-user, investor, or large-format tenant, this property represents one of Anderson’s strongest value opportunities for size, adaptability, and long-term growth.
Investment opportunity featuring seven residential units divided between two buildings. Five units are currently occupied under written leases, generating a total of $3,665 per month in current rent. Two vacant units offer immediate value-add and additional income potential, with further potential for future rent increases. Convenient downtown location near shopping, employment and local amenities. Property is being sold subject to existing leases and tenants' rights. Rent roll and lease information are available.
Multi-use commercial building with 2430sf. Could be used as office, retail, storage, or a variety of other business purposes. Nice brick exterior, newer roof, newer HVAC, and some cosmetics updated. New LED lighting. Features a large parking lot with a large canopy. and with easy access from two streets. Also features a large metal pylon sign on street for great visibility. One small strip of one parcel is considered to be in flood plain, but building is not. East access to downtown Anderson, State Rd 32, Scatterfield Rd., and Interstate 69. Close to Anderson University. Ceiling tiles could be removed to expose wooden Cathedral ceilings.
Great opportunity for an owner-occupant, investor, or entrepreneur looking to add value. This three-unit commercial strip center is located on a corner lot in Anderson with C-1 zoning, allowing for a variety of neighborhood commercial uses (buyer to verify intended use with local zoning authorities). One unit has been renovated. The remaining two units offer significant renovation potential, making this an excellent opportunity for someone looking to build equity through improvements. With excellent visibility, corner exposure, and multiple income possibilities, this property offers flexibility for investors seeking to expand their portfolio or business owners wanting to occupy one space while generating rental income from the others. Bring your vision and transform this property into a thriving commercial investment. Property is being sold as-is. Opportunity, location, and upside make this one worth a look.
This mixed use commercial property is in a great location with an excellent traffic count. The pole barn/shop is 1800 sq. ft with an additional 400 sq. ft office area. There is also a 3-bedroom 2 bath home on site that is 1838 sq. ft of living space . There is a 2 car attached garage on the home. In addition there is another 3 car detached garage located behind the house. All on 2.45 acres. This is an excellent business location or investment property! Don't miss it.
**Excellent Investment Opportunity - Well-Maintained 5-Unit Apartment Complex bringing in $4,000+ every month** Add this apartment complex to your investment portfolio and take advantage of all the upside and room for more equity! The property features four spacious 2 bedroom, 1 bath units and one studio apartment. All five units are currently tenant occupied, including one long term tenant who has been in place for more than 7 years, providing an established rental history and immediate income potential. Numerous updates have been completed within the past five years, including a new electrical panel and updated wiring throughout, new PEX plumbing throughout, and new vinyl windows. The furnaces and water heaters are newer, and roof is approximately 10 years old. The property does not have central air. (Tenants pay extra monthly for A/C window units) Additional income is generated from the coin operated laundry, which is conveniently available for tenant use and produces approximately $100-$200 per month. The attached garage also includes a storage area with significant additional potential. The space has existing water lines and has been plumbed for a bathroom, offering the possibility of converting the area into a sixth unit or creating additional rental/storage income, subject to applicable zoning, permits, and approvals. Conveniently located within walking distance of Kroger and close to public transportation, shopping, and everyday amenities. Street parking only. Financial information is available to serious, qualified buyers. **On-site tours of the apartments are available (with enough advance notice) for serious buyers with a pre-approval letter or proof of funds for cash purchases.** See additional rent info in agent to agent notes. Please do not disturb tenants. Please give minimum 48 hour response times on all offers.
6000 square foot strip mall located on a major road with easy access and just 1.7 miles from Interstate 69 exit 222. Building currently has 4 tenants occupying the units. A surplus of utility capabilities available which include water, gas, electric, and sewer. 6 additional lots available that would total over 5 acres.
Unique commercial investment opportunity featuring a laundromat with 43 washers and 31 dryers in a variety of standard, double-load, and triple-load sizes. Additional equipment includes 8 folding tables, 11 laundry carts, a snack machine, pop machine, change machine, and wringer with sink. Not all machines are currently in working order. The property also includes a small tenant-occupied house currently rented month-to-month for $600 per month, with the tenant paying their own utilities. The back parcel and shed are included in the sale. The laundromat, house, equipment, and improvements are being sold AS IS.
**A rare opportunity to own a truly unique and versatile property with more than 40 years of history in the community!** Located at 3535 Alexandria Pike, this well-known garden shop and greenhouse property sits on 1.23 acres and offers an incredible setting for its next chapter. Continue the established use as a garden center, greenhouse or nursery operation-or bring an entirely new vision to life. With multiple greenhouses, retail/shop space, outdoor areas and ample parking, the possibilities extend far beyond its current use. Imagine a charming wedding or event venue, yoga or wellness retreat, creative studio, boutique retail destination, workshop space, or another one-of-a-kind business concept. The greenhouse structures and property itself create an atmosphere and character that would be difficult to replicate from the ground up. Whether you're an entrepreneur looking to continue a long-standing local tradition or someone with a completely new vision, 3535 Alexandria Pike offers the space, setting and flexibility to make it happen. **After more than four decades as a recognizable part of the community, this special property is ready for its next chapter.**
Multi-Family development opportunity near Downtown Anderson. Proposed 7 residential units using existing structures.
The former Frisch's Big Boy building has been a North Anderson landmark for decades and is now for sale. The 4,804+- sf building is in good condition and was last renovated in 2012. The 1.845+- acre lot is on a prime signaled corner and features lots of parking. The B-2 zoning allows for a variety of business uses so it could potentially be repurposed for office, retail, medical, church or other use. All on site furniture, fixtures and equipment are included. Frisch's closed on August 15th, 2026 and, contrary to popular online rumors, there was NO damage from the August 2026 flood.
Here is a rare opportunity to acquire a versatile 14,152 SF flex/light industrial campus situated on 4.66 acres in Anderson, Indiana. Currently operating as an athletic training facility, this property offers excellent adaptability for warehouse, distribution, manufacturing, contractor services, fitness, recreational, and other commercial uses. The property consists of two buildings. Building One (8,752 SF) features two private offices, two restrooms, a 12-foot overhead door, and expansive open-span space. Building Two (5,400 SF) includes a 12-foot overhead door and large open floor plan suitable for a variety of operational needs. Both buildings feature durable concrete floors currently covered with athletic turf and can be easily reconfigured for warehouse, industrial, or commercial occupancy. The offering includes three parcels totaling 4.66 acres, including approximately 2.9 acres zoned General Commercial and 1.75 acres zoned R-2 Residential, creating opportunities for expansion, additional development, or future redevelopment. Located along South Rangeline Road with approximately 5,500 vehicles per day (2025 traffic count), the property provides convenient access to Anderson, Interstate 69, and surrounding commercial corridors. Whether you're seeking a headquarters facility, athletic complex, warehouse operation, contractor yard, flex industrial space, or investment property, 920 S Rangeline Road offers a unique combination of building size, usable acreage, zoning flexibility, and immediate occupancy potential.
Unlock significant cash flow and equity with this value-add 8-unit apartment building at 1120 E 30th St, Anderson, IN. Situated on a large, street-to-street 0.29-acre lot with mature trees on a quiet dead-end street, this all-brick, two-story building features a consistent footprint of eight 1-bedroom, 1-bathroom units, each offering 600 sq ft of functional living space with a living room, formal dining room, galley kitchen, and full bath. Five units are currently occupied, generating $3,750/mo in stable immediate income (rents ranging from $600-$900/mo). The remaining three vacant units require varying levels of renovation, presenting a prime opportunity to update and force appreciation. With market rents commanding up to $900/mo per unit, the potential gross monthly revenue is $7,200, positioning this asset to exceed the highly coveted 2% rule. Substantial operational upside exists: electricity and gas are separately metered, allowing a savvy investor to implement a utility bill-back strategy upon lease renewals to aggressively boost NOI. Additional revenue can be generated by adding coin-operated laundry to the basement. Securely designed with front and rear covered common entrances and interior hallways, the property boasts an excellent rental location just 5 minutes from downtown Anderson, Anderson University, and Harrah's Casino & Racetrack, and 10 minutes from Mounds State Park and major freeways. Capitalize on high rental demand. Sold strictly as-is, no seller financing.
Office building with 6 space parking lot, separate office spaces.
Are you looking for not 1, not 2 but possibly 3 investment opportunities right in the heart of Anderson, IN? This bundle includes 1213, 1207, and 1205 Main Street showcasing new roofing, updated electrical panel, even store front windows! This property is now available for the next endeavor! Coffee shop and boutique? Salon? Sandwich shop? You decide! Most recent use was a retail shop and is formerly known as the Something Different restaurant. Don't miss out on this opportunity to take your dream to the next level! Book your showing today and imagine what your store front windows could look like!
Multi Use commercial/residential building. 100% leased, great cash flow! Three commercial units with multi-year leases w/ extension options. Seven residential apartments. Many recent updates including new HVAC, Parking lot repairs, indoor and outdoor lighting converted to LED for energy efficiency, exterior painting, roofing, sewer line repairs, and a vast amount of interior remodeling for residences. Well-maintained and operated by current owner.
2,884+- square foot commercial building with parking on a corner lot on Scatterfield Road (State Road 9). Potential uses include retail, restaurant and office use. B-2 zoning allows for a variety of commercial uses. Needs some updating.
Prime investment or owner/operator mixed use opportunity at one of the busiest intersections in Anderson with over 20,000 vehicles per day combined at the intersection in 2025. This ground level of this building features a wide opportunity of commercial and business application space with approximately 1,600 square feet of retail space in combination with approximately 1,050 square feet of garage/storage space that is currently leased by a coffee company producing $2,600 per month in gross rental income. The second floor features an approximate 1,600 square feet, 3 bed, 2 full bathroom apartment that is currently occupied with a lease through May 1, 2027 generating $1,600 per month in rental income with tenant covers a portion of utilities. Zoned B1, which will allow a wide variety of commercial and business applications.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Anderson is located in Indiana. Anderson, Indiana has a population of 54,459. Anderson is less family-centric than the surrounding county with 20.09% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Anderson, Indiana is $40,632. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Anderson is 39.2 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 18.6 degrees. The average rainfall is approximately 41.2 inches per year, with 19.2 inches of snow per year.
