9 Main StAnderson, IN 46016

Property Details for 9 Main St

Year built

1900

Construction

TYPE NOT SPECIFIED

Lot size

0.59 AC

Property size (Sq ft)

21,091 SF

Property type

Other 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.

• Alternative Use

  Use

  Valuation

  Residential

  $3,007,157

  Hospitality

  $2,754,540

  Educational

  $2,291,744

  Medical

  $2,370,561

  Retail

  $3,564,936

Location Insight

City

Anderson

County

Madison

State

Indiana

Latitude

40.113

Longitude

-85.5964

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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