Restaurant Building on Corner
For Sale
$450,000
500 Broadway, Anderson, IN 46012
Good-condition restaurant building renovated in 2012 with lots of parking on a signaled corner; B-2 zoning.
Property Size4,804 SF
Lot Size1.85 Acres
Price / SF$93.67
Days on Market75
Property Features for 500 Broadway
General Information
Standard status
Active
Size
4,804 SF
Lot size
1.85 Acres
Property subtype
Retail
Zoning
B-2
Amenities
3
City Road, Asphalt.
Building Details
Year Built
1960
Year Renovated
2012
Listing Agency:
RE/MAX Real Estate Solutions
(765) 425-1008
Listed By:
Jim Bittner · License #RB14043091
(765) 425-1008
Source:
Xome
Added: Jun 19
Changed: Aug 26
Last Checked: Aug 31 at 2:37PM
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 RE/MAX Real Estate Solutions
Investment Insights
Based on property information with market context.
This for-sale restaurant building is approximately 4,804 sf and is described as being in good condition. The property was last renovated in 2012 and sits on a 1.845+- acre lot that includes lots of parking. The restaurant tenant is currently in place, and the business is not included in the sale.
Located at 500 Broadway in Anderson, Indiana, the site is on a prime signaled corner, providing straightforward commercial access for customers and deliveries.
B-2 zoning allows for a variety of business uses, and the property may potentially be repurposed for office, retail, medical, church, or other use, subject to applicable requirements. The offering could also appeal to buyers planning to operate as a landlord or investor.
Located at 500 Broadway in Anderson, Indiana, the site is on a prime signaled corner, providing straightforward commercial access for customers and deliveries.
B-2 zoning allows for a variety of business uses, and the property may potentially be repurposed for office, retail, medical, church, or other use, subject to applicable requirements. The offering could also appeal to buyers planning to operate as a landlord or investor.
Key Highlights
- 4,804+- SF restaurant building built in 1960, in good condition
- Renovated in 2012 and includes 3 guest facilities
- 1.845+- acre lot on a signaled corner with lots of parking
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Frisch's Big Boy
Dining
5,627 visits/mo
0.1 miles
Pizza King
Dining
4,778 visits/mo
0.0 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Good-condition restaurant building renovated in 2012 with lots of parking on a signaled corner; B-2 zoning.
Where is this conventional restaurant located?
The property is located at 500 Broadway Anderson, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4,804+- SF restaurant building built in 1960, in good condition; Renovated in 2012 and includes 3 guest facilities; 1.845+- acre lot on a signaled corner with lots of parking
