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Mixed-Use Building with Warehouse
For Sale
$175,000

627 Meridian Street, Anderson, IN 46016

Balanced sales and warehouse areas support retail operations and skilled-trade businesses.

Property Size6,048 SF
Price / SF$28.94
Days on Market149

Property Features for 627 Meridian Street

General Information

Standard status Active
Size 6,048 SF
Property subtype Mixed Use

Amenities

3
Shared Driveway.

Building Details

Year Built 1930
Listing Agency: RE/MAX Real Estate Solutions
Listed By: Jim Bittner · License #RB14043091
Source: Xome
Added: Apr 5 Changed: Aug 30 Last Checked: Aug 30 at 10:41PM

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 6,048-square-foot mixed-use commercial building combines approximately equal portions of customer-facing sales space and warehouse area. The configuration supports retail sales as well as skilled-trade operations, including HVAC, plumbing, general contracting, and related businesses. The property was built in 1930 and is described as well maintained and ready for occupancy.

Exterior features include a shared driveway. The building also has two posts with wiring associated with a lighted box sign.

Key Highlights

  • 6,048 SF commercial building
  • Approximately half sales floor and half warehouse space
  • Suitable for retail sales and skilled‑trade businesses

Property Analytics

Current Use

Weston's Appliance - Anderson Home Appliance Store

Suggested Use

Top Pick Nail Salon Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store Daycare Center Electrical 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.

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Balanced sales and warehouse areas support retail operations and skilled-trade businesses.
Where is this mixed-use property located?
The property is located at 627 Meridian Street Anderson, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 6,048 SF commercial building; Approximately half sales floor and half warehouse space; Suitable for retail sales and skilled‑trade businesses
More about this property
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