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3625 - 3639 Nichol Avenue - Edgewood Shops - Edgewood Shops, Anderson, IN

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3625 - 3639 Nichol Avenue - Edgewood Shops - Edgewood Shops

Off SR 32, near SR32 & Park
Anderson, IN 46011-3064 - Anderson/Madison Cnty Submarket

Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1952
Building Size:10,384 SF Land Area:1.62 AC (70,567 SF)
For Sale Price:$169,000 Price/SF:$16.28
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 3.75/1,000 SF
Features:Pylon Sign

Sale Notes:
Edgewood Shops is an older, nicely maintained neighborhood shopping center. Edgewood is a popular area not far from Lapel and Noblesville. There are 7 storefronts and a storage building in back (the storefront building can be sold without the storage building.) Currently tenants have been long term. A beauty shop is available after a long-time tenant retired. There is a small cafe space available. The previous one moved to expand. Good traffic/good support for the shops from the area residents.
The Edgewood Shops are on State Road 32 / Nichol Avenue in Edgewood, which is on the west edge of Anderson. From Noblesville, drive east on SR 32 to the subject on the south side of the road.

F.C. Tucker/O.C. Clark, Realtors
Tom Seal
(765) 641-2300 x111

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