19 10th St Anderson, IN 46016-1408
This exceptional 3,852-square-foot Class B office building, located at 19 W 10th St in Madison County, presents a unique investment opportunity. Built in 1984 and recently renovated, the property boasts a spacious lobby, well-appointed kitchen, multiple conference rooms, and several executive-quality offices. Its versatile design makes it suitable for both office and retail uses, offering significant flexibility for potential tenants. The building sits on a 0.06-acre lot and is zoned B-2, allowing for a variety of commercial applications. Ample parking is available, including private parking in the rear and convenient street parking for clients and customers. Tenants have exclusive use of the full basement, providing additional storage or workspace. Utilities, routine interior maintenance, and a monthly alarm system fee of $50 are the responsibility of the tenant; internet and phone services are tenant-provided. This single-tenant property offers exceptional value in a desirable location. The property's APN is 481112403092000003. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a thriving area. The building's current vacancy allows for immediate occupancy and customization to suit a new tenant's specific needs. Don't miss this chance to secure a prime location in a dynamic market.
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Hoosier Staffers llc Employment Agency
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
No recorded transactions found for this property.
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.