$1,258,000
$194,900
545.5%For more information regarding the value of a property, please contact us for a free consultation.
3,854 SqFt
SOLD DATE : 09/11/2025
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "