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Neighborhood Shopping Center with Laundry Business
For Sale
$375,000

2401-2409 Broadway Street, Anderson, IN 46012

Anderson, IN

Property SizeContact for details
Days on Market46

Property Features for 2401-2409 Broadway Street

General Information

Property type Commercial Sale
Property subtype Retail
Middle school Highland Middle School
Standard status Active

Building Details

Year built 1969
Listing Agency: Engel & Volkers Indianapolis · Engel & Völkers
Listed By: Carol Miller
Added: Jul 15 Changed: Aug 27 Last Checked: Aug 29 at 10:06AM
MLS# 22060029

Copyright © 2026 Engel & Völkers. 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 neighborhood shopping center includes a laundry business and four additional retail units. Two of those units are occupied, with leases ending 12/31/2026 and 2/28/2027. The remaining two spaces are vacant and require updating, including a large former Subway space that served as a restaurant location for many years. The property was built in 1969, and the asphalt surface was redone 9 years ago.

The center is located at 2401-2409 Broadway Street in Anderson, near McDonald's, Wendy's, Taco Bell, and Arby's. A True Value hardware store is across the street, while small to medium-sized residences are located nearby. Five individual sign positions are available, with additional signage space at the front of each unit. A Mexican restaurant is planned for the former Pizza Hut building to the north.

Key Highlights

  • Laundry business included with the property
  • Four additional retail units, including two occupied spaces and two vacancies
  • Occupied‑unit leases end 12/31/2026 and 2/28/2027

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, occupied retail units, and vacant space suited 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: Laundry business included with the property; Four additional retail units, including two occupied spaces and two vacancies; Occupied‑unit leases end 12/31/2026 and 2/28/2027
More about this property
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