9 Main St Anderson, IN 46016
- Commercial real estate
- 21,091 SF
- 0.59 lot acres
Current Use by Public Records
- Dogs In Style / Pet Grooming Service
Property Details for 9 Main St
- Year built
- 1900
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.59 lot acres
- Property size
- 21,091 SF
- Property type
- Commercial real estate
- APN
- 48-12-10-400-039.000-035
- APU
- 481210400039000035
Description
This exceptional mixed-use property, located at 9 Main Street in the heart of Anderson, Indiana, presents a unique investment opportunity. The 21,091 square foot building sits on a 0.59-acre lot and boasts a thriving, established dog grooming business already in place within one of its high-traffic commercial spaces. This business is included in the sale, providing immediate income potential. The property also features five apartments, four of which are currently rented, generating consistent rental income. A sixth apartment is currently under construction, further enhancing the property's value and rental potential. The building's convenient features include a dedicated loading dock for the commercial spaces, making operations efficient and seamless. The property's central location in Anderson ensures high visibility and accessibility, attracting both commercial tenants and residential occupants. This is a rare opportunity to acquire a well-established, income-producing mixed-use property with significant upside potential. The combination of established commercial tenants, multiple rental units, and a prime location makes this an attractive investment for those seeking a diversified portfolio with immediate returns and future growth prospects. The property's size and layout offer flexibility for future expansion or adaptation to changing market demands. This is a truly exceptional opportunity not to be missed.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $485,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $533,000
Market price range: $231k - $1.39M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $785,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Madison
- State
- Indiana
- Longitude
- -85.5964
- Latitude
- 40.113
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA