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Three-Unit Shopping Center
New
For Lease
$220,000

329 13th Street, Anderson, IN 46016

C-1-zoned corner property with one renovated unit and two spaces requiring improvements.

Space SizeContact for details
Days on Market6

Property Features for 329 13th Street

General Information

Standard status Active
Property subtype Commercial
Zoning C-1

Building Details

Year Built 1927
Stories 1
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Sep 6 Last Checked: Sep 11 at 4:16AM

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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This three-unit shopping center occupies a corner lot in Anderson and carries C-1 zoning. The property includes one renovated unit, while the other two spaces require renovation and are offered in as-is condition. Built in 1927, the center provides a combination of existing improvements and unfinished interior work for a commercial operator or owner planning further upgrades.

C-1 zoning supports a range of neighborhood commercial uses, subject to verification with local zoning authorities. The corner setting provides exposure from two intersecting streets, while the three-unit configuration allows the property to accommodate multiple commercial spaces within one building. The address is 329 13th Street, Anderson, IN 46016.

Key Highlights

  • Three‑unit shopping center on a corner lot
  • C‑1 zoning for neighborhood commercial uses, subject to local verification
  • One unit has been renovated

Property Analytics

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Current Use

13th Street Pearl ... Shopping Center & Mall

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Restaurant Dental Office Spa & Massage Center Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,351
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
McDonald's Dining
25,810 visits/mo 0.3 miles
GetGo Gas Station Shops & Services
9,699 visits/mo 0.5 miles
Conoco Shops & Services
6,462 visits/mo 0.5 miles
Marathon Shops & Services
3,164 visits/mo 0.5 miles
Conoco Shops & Services
2,258 visits/mo 0.4 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
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 - C-1-zoned corner property with one renovated unit and two spaces requiring improvements.
Where is this shopping center located?
The property is located at 329 13th Street Anderson, IN.
What is the lease rate?
The lease rate is $220,000.
What are key features of this property?
This property features: Three‑unit shopping center on a corner lot; C‑1 zoning for neighborhood commercial uses, subject to local verification; One unit has been renovated
More about this property
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