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Historic 7-Story Bank Building
For Sale
Contact for pricing
Pending

931 Meridian St, Anderson, IN 46016

Seven-story historic bank building built in 1928 with nearly 57,000 square feet of commercial space.

Property Size57,000 SF
Days on Market142

Property Features for 931 Meridian St

General Information

Standard status Pending
Size 57,000 SF
Property subtype Office

Building Details

Year Built 1928
Stories 7
Listing Agency: Anderson Executive Tower, LLC
Listed By: Mariusz Kurylo · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 28 at 12:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anderson Executive Tower, LLC

Investment Insights

Based on property information with market context.

This historic bank building was built in 1928 and stands 7 stories tall. The property includes almost 57,000 +/- square feet of commercial space, providing a substantial enclosed building for adaptive reuse.

The building is located in downtown Anderson, about an hour northeast of Indianapolis, according to the provided remarks. The offering materials note interest in redevelopment in an area described as being revitalized.

For buyers reviewing redevelopment options, the key asset is the existing multi-story structure and its large overall commercial footprint.

Key Highlights

  • Historic seven‑story bank building built in 1928
  • Nearly 57,000 +/- SF of commercial space

Property Analytics

Current Use

PNC Mortgage Loan Service The varsity recording Recording Studio Cunningham Patrick J Law Firm Olympic Apartments Apartment Building Busby Austion Cooper ... Law Firm

Suggested Use

Top Pick Nail Salon Spa & Massage Center Hair Salon Electrical Service Gym & Fitness Center Daycare Center

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

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Shops & Services 41%
McDonald's Dining
25,810 visits/mo 0.4 miles
GetGo Gas Station Shops & Services
9,699 visits/mo 0.1 miles
Family Dollar Shops & Services
5,691 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
1,918 visits/mo 0.3 miles
STAR Financial Bank Shops & Services
994 visits/mo 0.1 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

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
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Frequently Asked Questions

What type of property is this?
Bank - Seven-story historic bank building built in 1928 with nearly 57,000 square feet of commercial space.
Where is this bank located?
The property is located at 931 Meridian St Anderson, IN.
What are key features of this property?
This property features: Historic seven‑story bank building built in 1928; Nearly 57,000 +/- SF of commercial space
More about this property
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