1900 Broadway St - Storefront Retail/Office FOR SALE


Anderson, IN 46012
$265,000 USD
765-649-3044
1900 Broadway St, Anderson, IN for Sale
$265,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | Request Cap Rate

1900 Broadway St
Anderson, IN 46012


HIGHLIGHTS

  • Multi-unit property, Lots of road frontage, Mostly occupied units, long term lease for commercial tenant

OVERVIEW

Cooperating Commissions for Brokers! 1900 BROADWAY & 20 E PINE, ANDERSON INDIANA FOR SALE: 1900 BROADWAY UNIT A+B, ANDERSON - TENANT PAYS ALL UTILITIES - APT A - COMMERCIAL UNIT AVERAGING $583/MONTH - FULLY LEASED ON A 3 YEAR TERM - GREAT LOCATION FOR YOUR NEW OR EXISTING BUSINESS! CONVENIENTLY LOCATED NEAR A MAIN INTERSECTION OF CROSS AND BROADWAY STREETS WHERE NEW DEVELOPMENT IS ALREADY TAKING PLACE. THIS LOWER UNIT IS DESIGNATED FOR COMMERCIAL USE AND IS READY FOR YOU TO TRANSFORM IT INTO YOUR OWN. THE UNIT IS 1,350S.F. WITH 5-7 DESIGNATED PARKING SPOTS FOR BUSINESS USE. THE OWNER HAS INSTALLED A NEW FURNACE AND HOT WATER HEATER, AND WILL PROVIDE UTILITY ROOM AND BATHROOM FURNISHED UPON MOVE-IN. NEW WINDOWS HAVE RECENTLY BEEN INSTALLED. ALLOWANCE OR OTHER INCENTIVES THAT MAY BEST FIT YOUR SITUATION, OPEN TO OFFERS. APT B - 2 BED / 1 BATH PREVIOUSLY RENTED AT $800/MONTH - CURRENTLY VACANT, LISTED FOR RENT @ $850/MONTH - LARGE 2 BEDROOM, 1 BATHROOM UPSTAIRS APARTMENT THAT HAS BEEN RECENTLY REHABBED INSIDE. HARDWOOD FLOORS IN LIVING ROOM AND BEDROOMS AND NICE VINYL PLANK FLOORING IN THE COMMON AREAS. THE KITCHEN OFFERS A GAS STOVE AND REFRIGERATOR WITH AN EAT-IN DINING AREA. THE BATHROOM HAS A TUB AND SHOWER COMBO. WASHER AND DRYER HK-UP. CENTRAL AIR. 20 E PINE, ANDERSON 2 BED / 1 BATH CURRENTLY RENTED AT $950/MONTH - TENANT PAYS ALL UTILITIES - OPEN CONCEPT 2 BEDROOM, 1 BATH, 2 STORY HOUSE. NICELY RENOVATED WITH BEAUTIFUL LAMINATE FLOORING. LARGE OPEN LIVING ROOM/DINING ROOM AREA WITH SLIDING GLASS DOORS THAT LEAD TO A LARGE DECK. UPDATED KITCHEN WITH BEAUTIFUL COUNTERTOPS AND INCLUDES AN ELECTRIC STOVE AND REFRIGERATOR, 1 BATHROOM WITH TUB AND SHOWER. LAUNDRY AREA WITH WASHER AND DRYER HOOKUP AND 1 CAR ATTACHED GARAGE ON LOWER LEVEL. PHOTOS ARE INCLUDED INSIDE OF THE LISTING. PLEASE NOTE: Properties are being sold as a PACKAGE. Due to a utility split issue, the properties cannot be separated.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Commercial

APN/PARCEL ID

48-11-01-102-068.000-003

ASK ABOUT THIS PROPERTY

Ryan BootsMorgan PropertiesMore Info
765-649-3044

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Ryan BootsMorgan PropertiesMore Info
765-649-3044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.