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University-Adjacent Shopping Center
For Sale
$950,000

1915 University Boulevard, Anderson, IN 46012

Commercial Sale, Anderson, IN

Property Size16,552 SF
Lot Size2.42 Acres
Price / SF$57.39
Days on Market234

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: Sep 1 Last Checked: Sep 9 at 9:06PM
MLS# 21968817

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.

This shopping center contains 16,552 square feet on a 2.42-acre site and was built in 1998. The property carries B-3 (Shopping Center) zoning, with central air conditioning and natural gas heating serving the building. An aluminum roof and cable availability are also documented.

The site is directly adjacent to Anderson University and fronts University Boulevard in Anderson, Indiana. I-69 provides nearby highway access. Together, the university adjacency, established commercial zoning, and accessible arterial location define the property’s primary setting. The asset is offered as a retail-oriented commercial property with existing building improvements and site area suitable for shopping center use.

Key Highlights

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

Property Analytics

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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

327
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Dining 23%
Speedway Shops & Services
14,822 visits/mo 0.1 miles
Taco Bell Dining
14,126 visits/mo 0.4 miles
GetGo Gas Station Shops & Services
13,492 visits/mo 0.3 miles
Dollar General Shops & Services
10,267 visits/mo 0.0 miles
BP Shops & Services
6,445 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Shopping center - B-3 zoning, central air, and natural gas heating support the retail property’s existing commercial configuration.
Where is this shopping center 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 shopping center on 2.42 acres; Directly adjacent to Anderson University; B‑3 (Shopping Center) zoning
More about this property
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