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Investment Highlights

  • Close proximity to Anderson University
  • Investment opportunity

Executive Summary

Great investment opportunity for student housing for Anderson University students. Building was used as Healthcare facility for Anderson University students and is currently set up for medical use. Main level has Reception/lobby area, 3 exam rooms, kitchen, and restroom. Upper level has 2 offices, breakroom, restroom, and walk-in storage area. Sale includes house and two parcels 48-12-07-302-088.000-003 and 48-12-07-302-087.000-003.
Building could also be used by Healthcare or a business needing office space.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,080 SF
Building Class
B
Year Built
1926
Price
$120,000
Price Per SF
$57.69
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,040 SF
Building FAR
0.27
Lot Size
0.18 AC
Zoning
C - Residential
Fairly walkable
40/100
Moderately drivable
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 48-12-07-302-087.000-003
  • 48-12-07-302-088.000-003
Land Assessment
$10,800
Improvements Assessment
$101,400
Total Assessment
$112,200
  • Listing ID: 38644947

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 307 Cottage Ave, Anderson, IN 46012

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