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Property profile & analytics
OFF-MARKET
Retail space

1415 53rd St Anderson, IN 46013-2821

8,800 SF 0.46 ac lot Built 1995
Entity Owned Free & Clear
Property ID
US31-1229708
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Construction WOOD
Total area 8,800 SF
Lot 0.46 ac (19,907 SF)
APN 48-12-31-100-036.000-003
UPID US31-1229708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Denneys Abbey Carpet and Floor Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Denney Real Estate Investments LP
Denney Real Estate Investments LP
since 2026
1 recorded transaction
2026
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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