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Shopping Center with Laundry Business
For Sale
$375,000

2401-2409 Broadway Street, Anderson, IN 46012

Includes a laundry business, two occupied units, and two vacant spaces ready for updating.

Property Size12,160 SF
Price / SF$30.84
Days on Market409

Property Features for 2401-2409 Broadway Street

General Information

Standard status Active
Size 12,160 SF
Property subtype Retail

Property Condition

Severity Repairs Needed
Evidence ready for some updating

Additional Details

Business Included Yes

Amenities

Central Air, Attic Fan
3
Shared Driveway.

Building Details

Year Built 1969
Tenancy Multi
Listing Agency: Engel & Volkers
Listed By: Carol Miller
Source: Xome
Added: Jul 19, 2025 Changed: Aug 31 Last Checked: Aug 31 at 12:54PM

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 Engel & Volkers

Investment Insights

Based on property information with market context.

This 12,160-square-foot shopping center was built in 1969 and includes the laundry business along with four additional commercial units. Two of those units are occupied, with lease terms ending 12/31/2026 and 2/28/2027. The remaining two spaces are vacant and positioned for updating, including a former Subway unit that served as a restaurant space for many years.

Located at 2401-2409 Broadway Street in Anderson, the property has a shared driveway, central air, and an attic fan. The asphalt surface was redone 9 years ago. Each of the five spaces has a designated sign location, with additional signage placement available on the fronts. Nearby businesses include McDonald's, Wendy's, Taco Bell, Arby's, and True Value, while residential properties are situated in the immediate area.

Key Highlights

  • 12,160‑square‑foot neighborhood shopping center built in 1969
  • Laundry business included with purchase
  • Four additional commercial units; two occupied and two vacant

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Dental Office Pharmacy Spa & Massage 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.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 44% Home Improvements & Furnishings 7%
Arby's Dining
11,270 visits/mo 0.5 miles
BP Shops & Services
10,562 visits/mo 0.4 miles
Taco Bell Dining
9,622 visits/mo 0.2 miles
Wendy's Dining
8,677 visits/mo 0.5 miles
Dollar General Shops & Services
7,993 visits/mo 0.1 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

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 - Includes a laundry business, two occupied units, and two vacant spaces ready for updating.
Where is this shopping center located?
The property is located at 2401-2409 Broadway Street Anderson, IN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 12,160‑square‑foot neighborhood shopping center built in 1969; Laundry business included with purchase; Four additional commercial units; two occupied and two vacant
More about this property
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