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Flex Space with Service Bays
For Lease
$9 SF/Yr

925 Nichol Avenue, Anderson, IN 46016

COMMERCIAL - Anderson, IN

Space Size3,250 SF
Lot Size0.33 Acres
Days on Market95

Property Features for 925 Nichol Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning B-1 Anderson Zoning
Middle school Highland Middle School
Elementary school district Anderson Community School Corp
Middle school district Anderson Community School Corp
High school district Anderson Community School Corp
Directions GPS Friendly
Subdivision 4810 - Madison - Anderson NW
Standard status Active
APN 481113202100000003
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Oak Grove N2 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Legal Description Oak Grove N2 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Utilities

Utilities Cable Available

Building Details

Floors in Building 1
Roof type Metal
Listing Agency: Highgarden Real Estate
Listed By: Albert Stancato · License #RB16000255
Added: May 9 Changed: Aug 4 Last Checked: Aug 11 at 11:06AM
MLS# 22101046

Copyright © 2026 MIBOR Service Corporation. 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 flex space lease opportunity offers a combined showroom/office area and functional bay space, with six service bays that can be adapted to a tenant’s operational needs. The layout is described as having approximately 600 square feet of office space and 2,650 square feet of bay area, totaling 3,250 square feet. Ownership is flexible regarding the configuration, including the option to remove bay wall(s) for a more open setup and to add additional bay doors or enclose existing bays. Ownership will also consider subdividing the location under beneficial circumstances.

Located on Nichol Avenue in Anderson, the property is presented as a highly visible corner site with retail/office frontage and excellent accessibility. The listing notes proximity to local and national retailers including Rent-A-Center, U-Haul Neighborhood Dealer, and Needler’s Fresh Market. Zoning is identified as B-1 Anderson Zoning. The property may be eligible for tax abatement incentives, subject to governmental approval, and tenant improvement support is described as available upon request with contributions to be determined based on lease structure, term length, and scope.

Key Highlights

  • 3,250 SF commercial space with approximately 600 SF office and 2,650 SF bay area
  • Corner location on busy Nichol Ave with prominent retail/office frontage
  • Six service bays that may be adapted for automotive, contractor, retail, distribution, or service use

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Nail Salon Hair Salon Storage Facility (Bike/Boat/Book/etc) Store 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

NNN (Triple Net)
Lease Type
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

937
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Highly visible corner retail/office frontage with six service bays and an office component for flexible operations.
Where is this flex space located?
The property is located at 925 Nichol Avenue Anderson, IN.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 3,250 SF commercial space with approximately 600 SF office and 2,650 SF bay area; Corner location on busy Nichol Ave with prominent retail/office frontage; Six service bays that may be adapted for automotive, contractor, retail, distribution, or service use
More about this property
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