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Mixed-Use Building with Multiple Bays
For Sale
$875,000
Pending

5982 W State Road 32, Anderson, IN 46011

Commercial Sale, Anderson, IN

Property SizeContact for details
Lot Size1.66 Acres
Days on Market153

Property Features for 5982 W State Road 32

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Middle school Lapel Middle School
Elementary school district Frankton-Lapel Community Schools
Middle school district Frankton-Lapel Community Schools
High school district Frankton-Lapel Community Schools
Directions GPS Friendly
Subdivision 4809 - Madison - StonyCreek
Standard status Pending
APN 481118200011000031
Lot size 1.66 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Nw Nw 0.729 Acres Str: 18197
Legal Description Nw Nw 0.729 Acres Str: 18197

Amenities

multiple bays
upstairs living quarters

Building Details

Floors in Building 2
Listing Agency: RE/MAX Realty Services · RE/MAX International
Listed By: Chris Schulhof · License #RB14031306
Added: Apr 9 Changed: Aug 28 Last Checked: Sep 8 at 3:06AM
MLS# 22085978

Copyright © 2026 Broker Listing Cooperative®. 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.

The commercial-zoned property comprises a mixed-use building with over 5400 square feet of interior area. Improvements include multiple bays, a former gas-station layout with no tanks on site, and living quarters on the upper level. Potential uses identified for the property include convenience retail, vehicle maintenance, gas-station operations, and multiple storefronts.

The property consists of two parcels at 5982 W State Road 32 in Anderson. Access is described as easy ingress and egress, with proximity to I-69, St. Rd 32, St. Rd 9, and St. Rd. 13. The building’s combination of service, retail, and upper-level residential components gives the site a varied existing configuration.

Key Highlights

  • Over 5400 sf mixed‑use building with multiple bays
  • Former gas station with no tanks on site
  • Upstairs living quarters

Property Analytics

Current Use

Gas stations

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Home Appliance Store Plumbing Service Pet Store & Service Food Market

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 46011, IN

17,078
Population
7,304
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
93%
High-School Grad
73.9 sq mi
ZIP Area
231
Density / Sq Mi
$77,618
Median Household Income
$42,975
Median Earnings
$1,011
Median Rent
$168,300
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?
Mixed-use property - Commercial zoning, vehicle-service space, and upper-level living quarters create a flexible existing configuration.
Where is this mixed-use property located?
The property is located at 5982 W State Road 32 Anderson, IN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Over 5400 sf mixed‑use building with multiple bays; Former gas station with no tanks on site; Upstairs living quarters
More about this property
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