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    Standalone Bank Building with Drive-Thru
    Updated: Oct 15, 2025
    Standalone Bank Building with Drive-Thru

    525 E Hartman Road, Anderson, IN 46012

    $270,000
    2,604 sqft
    Former bank building at 525 E Hartman Rd in Anderson, IN 46012
    Stand‑alone property with drive‑thru canopy
    Large corner lot with ample parking
    Zoned B‑1 for office, medical, retail service, or QSR use
    Year built: 1980
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    This listing looks promising.

    Here's a quick look at some key insights for

    525 E Hartman Road, Anderson, IN 46012

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $352K
      Above asking

    • Property Type

      Commercial (General)
      Built 1980
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    Renovated Conventional Restaurant Building
    Updated: Jul 9
    Renovated Conventional Restaurant Building

    500 Broadway, Anderson, IN 46012

    $450,000
    1.85 AC lot
    4,804+- SF conventional restaurant building
    1.845+- acre lot at a signaled corner
    Renovated in 2012; originally built in 1960
    B‑2 zoning allows a range of business uses
    Existing restaurant tenant; operating business excluded from sale
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    Restaurant Building on Corner Lot
    Restaurant Building on Corner Lot

    500 Broadway, Anderson, IN 46012

    $450,000
    4,804 sqft 1.85 AC lot

    Good-condition restaurant building renovated in 2012 with lots of parking on a signaled corner; B-2 zoning.

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    Freestanding Restaurant Building
    Freestanding Restaurant Building

    6315 S Scatterfield Rd, Anderson, IN 46013

    Contact for pricing

    Freestanding former restaurant offers direct visibility and easy access from I-69 for restaurant, retail, or medical uses.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Anderson, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Bar & Grill Restaurant
    Turnkey Bar & Grill Restaurant

    517 Locust Street, Middletown, IN 47356

    $285,000
    0.06 AC lot

    Turnkey full-service bar and kitchen with liquor license and recent system and interior upgrades.

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    Full-Service Bar and Grill
    Full-Service Bar and Grill

    517 Locust Street, Middletown, IN 47356

    $285,000
    0.06 AC lot

    Operating establishment includes a Restaurant 210 4-way liquor license with liquor, beer, wine, and carryout privileges.

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    Single-Tenant Restaurant NNN
    Single-Tenant Restaurant NNN

    2820 Main Street, Elwood, IN 46036

    Contact for pricing
    3,330 sqft

    Hardee's restaurant is offered for sale with an absolute triple net lease and zero landlord responsibilities.

    View details
    Flex Space With Dock Doors
    Flex Space With Dock Doors

    216 S 16th Street, Elwood, IN 46036

    $39,900
    0.16 AC lot

    Adaptable commercial building with offices, bathrooms, natural light, and available natural gas service.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B-3 Zoned Commercial Land Parcel
    B-3 Zoned Commercial Land Parcel

    University Boulevard, Anderson, IN 46012

    $812,000
    8.12 AC lot

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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    General Business Lot Zoned B-4
    General Business Lot Zoned B-4

    18th Street, Anderson, IN 46016

    $50,000
    0.45 AC lot

    Commercial 0.45-acre lot, split across three parcels, zoned B-4 General Business for flexible development use.

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    Zoned Neighborhood Shopping Center Parcels
    Zoned Neighborhood Shopping Center Parcels

    241 N Scatterfield Road, Anderson, IN 46012

    $2,700,000
    21.55 AC lot

    Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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    Planned Business Commercial Land
    Planned Business Commercial Land

    4844 Conner Street, Noblesville, IN 46060

    $1,799,000
    2.20 AC lot

    PB-zoned parcel positioned along the SR 38 and SR 32 corridor.

    View details

    Off-Market Properties in Anderson, IN

    Consider similar Off-Market properties in Anderson, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1916 Mounds Rd
    RESTAURANT

    1916 Mounds Rd, Anderson, IN 46016-5708

    $250,000
    Estimated value
    3,810 sqft 0.45 AC lot
    View details
    4545 Madison Ave
    RESTAURANT

    4545 Madison Ave, Anderson, IN 46013-1441

    $275,000
    Estimated value
    2,450 sqft 13.41 AC lot
    View details
    1106 Main St
    RESTAURANT

    1106 Main St, Anderson, IN 46016-1764

    $250,000
    Estimated value
    0.24 AC lot
    View details
    1925 60th St
    RESTAURANT

    1925 60th St, Anderson, IN 46013-3045

    $670,000
    Estimated value
    8,158 sqft 2.12 AC lot
    View details
    1024 53rd St
    RESTAURANT

    1024 53rd St, Anderson, IN 46013-2814

    $225,000
    Estimated value
    2,860 sqft 0.75 AC lot
    View details
    2630 Broadway St
    RESTAURANT

    2630 Broadway St, Anderson, IN 46012-1335

    $155,000
    Estimated value
    894 sqft 0.59 AC lot
    View details
    1834 18th St
    RESTAURANT

    1834 18th St, Anderson, IN 46016-2127

    $250,000
    Estimated value
    2,239 sqft 0.15 AC lot
    View details
    915 Scatterfield Rd
    RESTAURANT

    915 Scatterfield Rd, Anderson, IN 46012-4232

    $240,000
    Estimated value
    1,756 sqft 0.67 AC lot
    View details
    730 53rd St
    RESTAURANT

    730 53rd St, Anderson, IN 46013-1514

    $120,000
    Estimated value
    1,840 sqft 0.71 AC lot
    View details
    3100 Main St
    RESTAURANT

    3100 Main St, Anderson, IN 46016-5252

    $270,000
    Estimated value
    5,096 sqft 0.16 AC lot
    View details
    3315 Cherry Rd
    RESTAURANT

    3315 Cherry Rd, Anderson, IN 46011-2201

    $245,000
    Estimated value
    2,790 sqft 0.31 AC lot
    View details
    1320 23rd St
    RESTAURANT

    1320 23rd St, Anderson, IN 46016-4620

    $265,000
    Estimated value
    4,721 sqft 0.14 AC lot
    View details
    9830 280th N
    RESTAURANT

    9830 280th N, Anderson, IN 46011-9150

    $220,000
    Estimated value
    2,928 sqft 0.20 AC lot
    View details
    1701 Mounds Rd
    RESTAURANT

    1701 Mounds Rd, Anderson, IN 46016-5704

    $165,000
    Estimated value
    712 sqft 0.28 AC lot
    View details
    2724 Nichol Ave
    RESTAURANT

    2724 Nichol Ave, Anderson, IN 46011-3140

    $145,000
    Estimated value
    3,674 sqft 1.43 AC lot
    View details
    2607 Nichol Ave
    RESTAURANT

    2607 Nichol Ave, Anderson, IN 46011-3263

    $270,000
    Estimated value
    2,816 sqft 0.38 AC lot
    View details
    2332 Columbus Ave
    RESTAURANT

    2332 Columbus Ave, Anderson, IN 46016-4538

    $235,000
    Estimated value
    0.12 AC lot
    View details
    2332 Columbus Ave
    RESTAURANT

    2332 Columbus Ave, Anderson, IN 46016-4538

    $235,000
    Estimated value
    0.12 AC lot
    View details
    2332 Columbus Ave
    RESTAURANT

    2332 Columbus Ave, Anderson, IN 46016-4538

    $245,000
    Estimated value
    4,900 sqft 0.12 AC lot
    View details
    28 13th St
    RESTAURANT

    28 13th St, Anderson, IN 46016-1706

    $245,000
    Estimated value
    3,782 sqft 0.18 AC lot
    View details

    Anderson, IN Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Anderson, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,408 square feet of properties for sale, with an estimated market value of $1,170,000.

    Sale prices for restaurant properties in Anderson, IN start at $270,000, averaging $390,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1
    Drive through restaurants 1
    Turn key restaurants 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.2%
    Median Household Income $56,269
    College Educated 16.1%

    High-Yield Neighborhoods for Investment

    Identify Anderson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46016 $150K
    46012 $367.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $56.45 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

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