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Restaurant and Bar with Apartments
New
For Sale
$399,000

1100 Dr. Martin Luther King Jr Boulevard, Anderson, IN 46016

Commercial Sale, Anderson, IN

Property Size3,804 SF
Lot Size0.27 Acres
Price / SF$104.89
Days on Market4

Property Features for 1100 Dr. Martin Luther King Jr Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial Restaurant,Bar
Fencing Privacy
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 481114404111000003
Lot size 0.27 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Description HAZELWOOD PL 58 L 276; HAZELWOOD EXC 8.62' S PT PL 59 L 277
Tax Annual Amount 2036
Legal Description HAZELWOOD PL 58 L 276; HAZELWOOD EXC 8.62' S PT PL 59 L 277

Amenities

Balcony Deck

Building Details

Year built 1890
Floors in Building 2
Buildings 1
Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International
Listed By: Candy Bair
Added: Oct 25 Last Checked: Oct 28 at 9:06AM
MLS# 22133262

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.

Rey
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Investment Insights

Based on property information with market context.

This Anderson restaurant and bar combines an operating business with the real estate and included owned equipment. The building contains approximately 3,804 square feet above grade, an unfinished basement, kitchen, bar and dining areas, an enclosed garden-style patio, and a balcony deck. Two two-bedroom apartments occupy the upper level. The property also includes paved parking and totals approximately 0.274 acres across two parcels.

Located at 1100 Dr. Martin Luther King Jr Boulevard in Anderson, the property is zoned Commercial Restaurant,Bar. The business has been under the same ownership since May 2002.

Key Highlights

  • Approximately 3,804 square feet above grade with an unfinished basement
  • Two upstairs apartments, each with 2 bedrooms
  • Two parcels totaling approximately 0.274 acres

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Bars & Pubs

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
422
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Safelite AutoGlass Shops & Services
422 visits/mo 0.5 miles

Demographics for 46016, IN

17,686
Population
9,225
Households
1.9
Avg Household Size
36
Median Age
10%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
2,763
Density / Sq Mi
$35,543
Median Household Income
$28,753
Median Earnings
$864
Median Rent
$66,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering includes an operating business, owned equipment, two upstairs apartments, and paved parking.
Where is this mixed-use property located?
The property is located at 1100 Dr. Martin Luther King Jr Boulevard Anderson, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 3,804 square feet above grade with an unfinished basement; Two upstairs apartments, each with 2 bedrooms; Two parcels totaling approximately 0.274 acres
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