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1610 Arrow Ave 3,000 SF Retail Building Anderson, IN 46016 For Sale
Investment Highlights
- 3,000 SF bar/restaurant building on a highly visible corner
- Private paved parking lot
- Development Opportunity -- Zoned B2 and R3
- Includes 3-way liquor license & 3 adjacent lots (room for potential expansion or outdoor event space)
- **Additional opportunity to purchase the commercial building and lots directly across the street as part of a larger package deal
- Multifamily development opportunity
Executive Summary
This 3,000 sq ft standalone bar and restaurant on a highly visible corner is the perfect blend of functionality, charm, and opportunity. This listing includes three adjacent lots and a 3-way liquor license, making it a turnkey opportunity for food and beverage service. Inside, you’ll find a wide-open floor plan that’s perfect for hosting everything from casual dinners to live music nights. There’s a built-in stage ready for performances, a commercial kitchen, and a private office space for back-of-house operations. Outside, the entertaining continues with a welcoming deck and pergola—ideal for outdoor dining or weekend events. The attached private parking lot was repaved in 2018 during a full renovation and expansion of the building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1910/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C - Commercial
B2
R3
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Courtyard
- Dedicated Turn Lane
- Fenced Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 48-11-14-103-014.000-003 | Improvements Assessment | $21,200 |
| Land Assessment | $7,600 | Total Assessment | $28,800 |
Property Taxes
Parcel Number
48-11-14-103-014.000-003
Land Assessment
$7,600
Improvements Assessment
$21,200
Total Assessment
$28,800
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1610 Arrow Ave
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