417 38Th St Anderson, IN 46013
- Medical offices
- 1,584 SF
- 0.30 lot acres
Current Use by Public Records
- Melissa Matthews / Nurse Practitioner
- Dr. Zakia Naz, MD / Family Practice Physician
Property Details for 417 38Th St
- Year built
- 1920
- Lot size
- 0.30 lot acres
- Property size
- 1,584 SF
- Property type
- Medical offices
Description
This exceptional 1,584 square foot medical office building, located at 417 W 38th St, Anderson, IN 46013, presents a unique investment opportunity. Situated on a 0.3-acre lot in South Anderson's Professional Office Park, this Class C building boasts high visibility on a major thoroughfare. Built in 1920 and extensively renovated in 2024, the property features a flexible layout ideal for various medical practices. The interior includes five exam/treatment rooms (three with sinks), a private office, two ADA-compliant bathrooms, and a break room. Recent upgrades encompass fresh paint, new flooring, updated doors, and a new A/C system installed in 2023. Ample parking is provided with 12 spaces. Additional features include security cameras, a handicap ramp, and a spacious basement offering extra storage. The property is currently vacant and zoned B5-Commercial. Previously utilized as a chiropractic office, this well-maintained building is ready for immediate occupancy. The asking price is $239,999. This property offers a blend of historical charm and modern functionality, making it an attractive option for medical professionals seeking a well-equipped and conveniently located space. The intersection of 38th Street and Fairview Street provides excellent accessibility and visibility.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Madison
- State
- Indiana
- Longitude
- -85.6874812
- Latitude
- 40.0760676