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    1415 53Rd St Anderson, IN 46013

    Sponsored
    For Sale
    $899,900

    High-traffic retail space, warehouse, & home

    Property size:
    8,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity encompasses a prime commercial property at 1415 E 53rd Street, Anderson, Indiana, and an additional property at 1411 E 53rd Street. The main building boasts 8,800 square feet of versatile space, perfectly suited for a variety of retail and/or industrial uses. Features include two spacious showrooms ideal for retail displays, two private offices for administrative functions, and a substantial warehouse area with a 16-foot ceiling height. A large overhead door facilitates easy loading and unloading of goods, making it highly functional for warehouse operations. The property also includes a separate 1,500 square foot brick ranch-style residential rental property, adding to the overall investment potential. The ample parking is a significant advantage, with 13 spaces in a blacktop lot, resurfaced in 2021. This property's strategic location on the south side of Anderson ensures high visibility and convenient access to local shops and major interstate routes, maximizing exposure and attracting a broad customer base. The combined properties are offered at $899,900, representing a compelling investment in a thriving market. This is a turnkey opportunity for an entrepreneur seeking to establish or expand their business in a desirable location.

    Property Features for 1415 53Rd St

    General Information

    Property type
    Retail properties
    Square Feet
    8,800 SF
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Denneys Abbey Carpet ... Flooring Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anderson
    County
    Madison
    State
    Indiana
    Longitude
    -85.6621
    Latitude
    40.06139

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, warehouse, & home
    Where is this retail property located?
    The property is located at 1415 53Rd St Anderson, IN.
    What is the asking price?
    The asking price for this property is $899,900.
    (765) 640-1900
    Request Owner's contact information
    1415 53Rd St Anderson, IN 46013
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    Anderson, IN 46013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1415 53Rd St Anderson, IN 46013
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