1415 53rd St Anderson, IN 46013-2821
This exceptional investment opportunity encompasses a prime commercial property at 1415 E 53rd Street, Anderson, Indiana, and an additional property at 1411 E 53rd Street. The main building boasts 8,800 square feet of versatile space, perfectly suited for a variety of retail and/or industrial uses. Features include two spacious showrooms ideal for retail displays, two private offices for administrative functions, and a substantial warehouse area with a 16-foot ceiling height. A large overhead door facilitates easy loading and unloading of goods, making it highly functional for warehouse operations. The property also includes a separate 1,500 square foot brick ranch-style residential rental property, adding to the overall investment potential. The ample parking is a significant advantage, with 13 spaces in a blacktop lot, resurfaced in 2021. This property's strategic location on the south side of Anderson ensures high visibility and convenient access to local shops and major interstate routes, maximizing exposure and attracting a broad customer base. The combined properties are offered at $899,900, representing a compelling investment in a thriving market. This is a turnkey opportunity for an entrepreneur seeking to establish or expand their business in a desirable location.
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Denneys Abbey Carpet and Floor Carpet & Flooring Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.