5223 Columbus Ave - Storefront Retail/Residential FOR SALE


Anderson, IN 46013
$600,000 USD
765-508-4626
5223 Columbus Ave, Anderson, IN for Sale
$600,000 USD
Storefront Retail/Residential - FOR SALE
1/35
null | Request Cap Rate

5223 Columbus Ave
Anderson, IN 46013


HIGHLIGHTS

  • Fully renovated mixed use retail & residential spaces
  • Large garage for storage
  • Busy corner intersection with 20,000 VPD

OVERVIEW

Prime investment or owner/operator mixed use opportunity at one of the busiest intersections in Anderson with over 20,000 vehicles per day combined at the intersection in 2025. This ground level of this building features a wide opportunity of commercial and business application space with approximately 1,600 square feet of retail space in combination with approximately 1,050 square feet of garage/storage space that is currently leased by a coffee company producing $2,600 per month in gross rental income. The second floor features an approximate 1,600 square feet, 3 bed, 2 full bathroom apartment that is currently occupied with a lease through May 1, 2027 generating $1,600 per month in rental income with tenant covers a portion of utilities. Zoned B1, which will allow a wide variety of commercial and business applications.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,792 SF

ZONING

B1

APN/PARCEL ID

48-12-30-304-003.000-003

ASK ABOUT THIS PROPERTY

Tim HallF.C. Tucker/ProsperityMore Info
765-508-4626

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Tim HallF.C. Tucker/ProsperityMore Info
765-508-4626

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