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University-Adjacent Retail Strip Center
For Sale
$950,000

1915 University Boulevard, Anderson, IN 46012

SINGLE_FAMILY - Anderson, IN

Property Size16,552 SF
Lot Size2.42 Acres
Price / SF$57.39
Days on Market195

Property Features for 1915 University Boulevard

General Information

Property type Residential
Property subtype Retail
Zoning B-3 (Shopping Center)
Middle school Highland Middle School
Elementary school district Anderson Community School Corp
Middle school district Anderson Community School Corp
High school district Anderson Community School Corp
Directions GPS Friendly
Subdivision 4810 - Madison - Anderson NW
Standard status Active
APN 481207401050000003
Lot size 2.42 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Achor's Sub. L 011 & V/S
Legal Description Achor's Sub. L 011 & V/S

Utilities

Utilities Cable Available
Heating system Natural Gas
Cooling system Central Air

Building Details

Year built 1998
Roof type Aluminum
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Jaskaran Jossan · License #RB21000870
Added: Jan 18 Changed: Aug 1 Last Checked: Aug 1 at 12:06PM
MLS# 21968817

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Value-add retail strip center directly adjacent to Anderson University. The property includes 16,552 SF on a 2.42-acre site and is positioned for strong visibility along University Blvd with easy access to I-69. It is zoned B-3 (Shopping Center), supporting retail-oriented uses.

Built in 1998, the center is served by natural gas heating and central air cooling. The roof is aluminum, and cable is available.

With its university adjacency and highway access, the strip center can be a useful option for operators looking to lease and manage a retail location in an established commercial setting.

Key Highlights

  • 16,552 SF retail strip center on 2.42 acres
  • Directly adjacent to Anderson University
  • Zoned B‑3 (Shopping Center)

Property Analytics

Current Use

Pure Home 365 ... Home Appliance Store Todd Byrns Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Big Box & Wholesale Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
2k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Jack's Donuts Dining
1,728 visits/mo 0.4 miles

Demographics for 46012, IN

19,108
Population
9,659
Households
2
Avg Household Size
44
Median Age
22%
College-Educated
91%
High-School Grad
32.0 sq mi
ZIP Area
597
Density / Sq Mi
$58,538
Median Household Income
$36,017
Median Earnings
$982
Median Rent
$149,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Retail strip center on 2.42 acres, zoned B-3, with strong visibility along University Blvd near I-69 access.
Where is this strip mall located?
The property is located at 1915 University Boulevard Anderson, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 16,552 SF retail strip center on 2.42 acres; Directly adjacent to Anderson University; Zoned B‑3 (Shopping Center)
More about this property
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