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$220,000
22124573 MLS
Great opportunity for an owner-occupant, investor, or entrepreneur looking to add value. This three-unit commercial strip center is located on a corner lot in Anderson with C-1 zoning, allowing for a variety of neighborhood commercial uses (buyer to verify intended use with local zoning authorities). One unit has been renovated. The remaining two units offer significant renovation potential, making this an excellent opportunity for someone looking to build equity through improvements. With excellent visibility, corner exposure, and multiple income possibilities, this property offers flexibility for investors seeking to expand their portfolio or business owners wanting to occupy one space while generating rental income from the others. Bring your vision and transform this property into a thriving commercial investment. Property is being sold as-is. Opportunity, location, and upside make this one worth a look.

329 E 13th Street, Anderson

$325,000
22121052 MLS
**Excellent Investment Opportunity - Well-Maintained 5-Unit Apartment Complex bringing in $4,000+ every month** Add this apartment complex to your investment portfolio and take advantage of all the upside and room for more equity! The property features four spacious 2 bedroom, 1 bath units and one studio apartment. All five units are currently tenant occupied, including one long term tenant who has been in place for more than 7 years, providing an established rental history and immediate income potential. Numerous updates have been completed within the past five years, including a new electrical panel and updated wiring throughout, new PEX plumbing throughout, and new vinyl windows. The furnaces and water heaters are newer, and roof is approximately 10 years old. The property does not have central air. (Tenants pay extra monthly for A/C window units) Additional income is generated from the coin operated laundry, which is conveniently available for tenant use and produces approximately $100-$200 per month. The attached garage also includes a storage area with significant additional potential. The space has existing water lines and has been plumbed for a bathroom, offering the possibility of converting the area into a sixth unit or creating additional rental/storage income, subject to applicable zoning, permits, and approvals. Conveniently located within walking distance of Kroger and close to public transportation, shopping, and everyday amenities. Street parking only. Financial information is available to serious, qualified buyers. **On-site tours of the apartments are available (with enough advance notice) for serious buyers with a pre-approval letter or proof of funds for cash purchases.** See additional rent info in agent to agent notes. Please do not disturb tenants. Please give minimum 48 hour response times on all offers.

2432 Main Street, Anderson

$599,900
22107520 MLS
Here is a rare opportunity to acquire a versatile 14,152 SF flex/light industrial campus situated on 4.66 acres in Anderson, Indiana. Currently operating as an athletic training facility, this property offers excellent adaptability for warehouse, distribution, manufacturing, contractor services, fitness, recreational, and other commercial uses. The property consists of two buildings. Building One (8,752 SF) features two private offices, two restrooms, a 12-foot overhead door, and expansive open-span space. Building Two (5,400 SF) includes a 12-foot overhead door and large open floor plan suitable for a variety of operational needs. Both buildings feature durable concrete floors currently covered with athletic turf and can be easily reconfigured for warehouse, industrial, or commercial occupancy. The offering includes three parcels totaling 4.66 acres, including approximately 2.9 acres zoned General Commercial and 1.75 acres zoned R-2 Residential, creating opportunities for expansion, additional development, or future redevelopment. Located along South Rangeline Road with approximately 5,500 vehicles per day (2025 traffic count), the property provides convenient access to Anderson, Interstate 69, and surrounding commercial corridors. Whether you're seeking a headquarters facility, athletic complex, warehouse operation, contractor yard, flex industrial space, or investment property, 920 S Rangeline Road offers a unique combination of building size, usable acreage, zoning flexibility, and immediate occupancy potential.

920 S Rangeline Road, Anderson

$339,000
22098936 MLS
Unlock significant cash flow and equity with this value-add 8-unit apartment building at 1120 E 30th St, Anderson, IN. Situated on a large, street-to-street 0.29-acre lot with mature trees on a quiet dead-end street, this all-brick, two-story building features a consistent footprint of eight 1-bedroom, 1-bathroom units, each offering 600 sq ft of functional living space with a living room, formal dining room, galley kitchen, and full bath. Five units are currently occupied, generating $3,750/mo in stable immediate income (rents ranging from $600-$900/mo). The remaining three vacant units require varying levels of renovation, presenting a prime opportunity to update and force appreciation. With market rents commanding up to $900/mo per unit, the potential gross monthly revenue is $7,200, positioning this asset to exceed the highly coveted 2% rule. Substantial operational upside exists: electricity and gas are separately metered, allowing a savvy investor to implement a utility bill-back strategy upon lease renewals to aggressively boost NOI. Additional revenue can be generated by adding coin-operated laundry to the basement. Securely designed with front and rear covered common entrances and interior hallways, the property boasts an excellent rental location just 5 minutes from downtown Anderson, Anderson University, and Harrah's Casino & Racetrack, and 10 minutes from Mounds State Park and major freeways. Capitalize on high rental demand. Sold strictly as-is, no seller financing.

1120 E 30th Street, Anderson

$239,999
22099122 MLS
Turnkey commercial opportunity in South Anderson's established 38th Street Professional Park. This freestanding 1,584 SF building is well suited for medical, spa, wellness, professional office, or other service-based use. The layout includes 5 exam/treatment rooms, including 3 with sinks, a private office, 2 handicap-accessible restrooms, a break room, and a spacious basement for additional storage. Recent updates include fresh paint, new flooring, updated doors, and a newer A/C system. Additional features include security cameras, handicap ramp access, and on-site parking for approximately 12-13 vehicles. Conveniently located near 38th Street and Fairview Street with strong visibility and easy access, and surrounded by established neighborhoods, schools, and local amenities. A versatile property ready for owner-users, investors, or tenants.

417 W 38th Street, Anderson

$575,000
22097165 MLS
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.

5223 Columbus Avenue, Anderson

$595,000
22089439 MLS
Unlock the potential with this one-of-a-kind mixed-use property offering a rare combination of commercial and residential space-all under one roof. Whether you're an investor, business owner, or entrepreneur, this property is designed to support a wide range of uses. The building currently features three separate apartments, each equipped with a kitchen, bedroom, and full bathroom-perfect for rental income, on-site living, or employee housing. At the front of the property, you'll find a dedicated showroom space, ideal for retail, office, or client-facing operations. The property also includes multiple workshop areas, including two large open workspaces and additional workshop/storage areas in the rear-providing flexibility for work shop or service-based businesses. A rear loading dock allows for easy deliveries and logistics, making this property functional for a variety of commercial uses. With its versatile layout and unique blend of spaces this property offers endless possibilities. Live, work, and operate your business all in one location or maximize income with multiple revenue streams.

2500 E 10th Street, Anderson

$900,000
22087708 MLS
A rare redevelopment opportunity in Anderson's thriving commercial corridor. Built in 2018 and formerly operated as a dialysis center, this 6,972 SF single-story facility sits on 1 acre and is now fully demoed to a clean shell-providing the perfect blank canvas for medical users, clinics, specialty healthcare groups, professional offices, or service-based businesses seeking modern infrastructure without the cost of ground-up construction. The building features a large open treatment area, perimeter framing for multiple private rooms or offices, an existing isolation room with glass wall system, multiple sinks and plumbing rough-ins, and extensive electrical and mechanical systems already in place. These components significantly reduce redevelopment time and expense for future users such as primary care, urgent care, dental, dialysis, imaging, physical therapy, behavioral health, or outpatient specialty providers. A covered front entry canopy creates professional curb appeal and ensures weather-protected patient drop-off. Generous on-site parking surrounds the building on all sides, and multiple exterior access points support flexible space planning or multi-tenant layouts. The back-of-house areas include large utility rooms, heavy-duty floor drains, upgraded wall systems, and commercial-grade mechanical support-ideal for practices requiring sterilization, lab processing, or equipment-intensive operations. Strategically located just minutes from I-69, hotels, restaurants, and Anderson's expanding medical network, the property benefits from excellent regional access and strong surrounding commercial activity. B4 Community Shopping District zoning allows for a wide range of medical, retail, and professional office uses. Whether you're an operator looking to customize a state-of-the-art facility or an investor seeking a value-add medical redevelopment project, 2220 E 59th St offers unmatched flexibility, modern construction, and high-demand location advantages.

2220 E 59th Street, Anderson

$980,000
22071504 MLS
36,518 sf industrial building on 2 A. Great buy for the money. On a paved city street with ready access to SR 32 (.4 mile), SR 9 and I-69; and adjacent rail spur too. Zoned I-1. Single story building, divided into 3 spaces- 6000 sf offices, and two 15,000 sf production and/or warehouse space. Easily divisible (if that is what you're wanting to do). 16' ceiling height. Largely open spaces with four 14' drive in doors- you can actually drive clear through the building. 2 recessed docks. Plenty of power with 480v 3 phase, including two 1200 amp panels. Insulated rubber/TPO roof 2017. Fenced parking area with electric gate. Seller would consider sale/leaseback through end of 2026 on some or all of the space. Seller financing possible. Prior tenants include Pepsi and Delphi. Property with good bones that could be made to work for many different users.

1825 W 18th Street, Anderson

$349,900
22064875 MLS
Nestled in the heart of downtown Anderson, just steps from the Madison County Courthouse and within view, this fully renovated 2,700 sq ft commercial property offers a rare blend of historic charm and modern sophistication. The fully renovated space exudes a rustic urban industrial aesthetic with exposed brick walls and hardwood floors, complemented by recent upgrades including a new rubber roof, new HVAC, and a freshly asphalted large parking lot. Inside, a spacious lobby welcomes clients, while room for 15+ associates, ample storage, a full kitchen, and three restrooms-including a full bath with shower-ensure functionality and comfort. Fully furnished and move-in ready, this turnkey property, currently thriving as a law office, is ideal for businesses seeking a prestigious address with unmatched visibility in downtown Anderson.

635 Meridian Street, Anderson

$391,000
22050622 MLS
Prime Commercial Opportunity on Anderson's Growing South Side! Position your business for success at one of Anderson's most visible and highly traveled locations. Situated on 1.07 acres at the busy intersection of 53rd Street and Arbor Street, this property offers outstanding exposure with a high daily traffic count in one of the city's fastest-growing commercial corridors. The 1,756-square-foot brick building is currently configured as a nail salon, providing a turnkey opportunity for beauty, wellness, or personal service businesses. The flexible layout also lends itself to a variety of retail, office, medical, or professional uses. Inside, you'll find a welcoming reception area, multiple service spaces, a full kitchen, and two bathrooms. The building is equipped with gas forced-air heating and central electric cooling for year-round comfort. Ample parking is available both in the front and rear of the property, providing convenient access for customers and employees. A detached garage offers additional storage space, adding functionality and flexibility for business operations. With excellent visibility, easy access, generous parking, and a strategic location in a high-growth area, this property presents an exceptional opportunity for owner-users and investors alike. Property Highlights: -1.07-acre commercial site -Prime corner location at 53rd St. & Arbor St. -High-traffic intersection with excellent visibility -1,756 sq. ft. brick building -2 bathrooms -Full kitchen -Gas forced-air heat & central electric cooling -Front and rear parking -Attached storage garage -Flexible commercial use potential

1601 E 53rd Street, Anderson

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.