2230 Jefferson St Anderson, IN 46016-4560
This exceptional 32,643 square foot mixed-use property, located at 2230 Jefferson Street in Anderson, Indiana, presents a unique investment opportunity. Situated on a 0.26-acre lot at a prominent corner location, this partially renovated classic church building offers immense versatility. Currently zoned R-4, the property is ideally suited for a variety of uses, including multi-family housing, a community center, a place of worship, a medical facility, or a social service ministry. The expansive interior features numerous classrooms, providing ample space for diverse programs or residential units. Two large meeting rooms, one equipped with a full kitchen, are perfect for gatherings or communal events. A spacious sanctuary, a charming parlor complete with a fireplace, and an office area already configured for medical use add to the property's functional appeal. The existing parking lot comfortably accommodates approximately 20 vehicles, supplemented by abundant on-street parking options. Priced at $175,000, this property represents a significant value proposition for an investor seeking a substantial and adaptable space in a desirable location. The building's character and size offer a rare chance to create a thriving and impactful community asset. Don't miss this chance to acquire a piece of Anderson's history with significant future potential.
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.