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5982 W State Road 32 5,600 SF Retail Building Anderson, IN 46011 $875,000 ($156.25/SF)
INVESTMENT HIGHLIGHTS
- Two floor service/retail station addition vacant lot
- Gas Station, Auto Shop, Convenience Store, and Apartment Uses
- Great visibility and traffic at signalized corner of N 600 W and SR 32
- Next Gas Station 3 miles away
EXECUTIVE SUMMARY
Great opportunity for an owner-operator to open their own auto repair shop at this highly visible intersection (and live onsite in the updated apartment above). This property has 67 years of history as a family owned convenience store and gas station. Located on a main
thoroughfare from Anderson to Noblesville. The property is 1.6 acres offering room to expand and ample parking with an asphalt parking lot, fuel island with overhead canopy, pylon sign, 4-bay garage with overhead doors (two doors are 8 ft tall and two doors are 10 ft tall),
heated/cooled office area, Hunter alignment rack,1 inground hoist, AND, two bedroom, 1 bath apartment above with stove, refrigerator and dishwasher. Two 200A electrical services.
thoroughfare from Anderson to Noblesville. The property is 1.6 acres offering room to expand and ample parking with an asphalt parking lot, fuel island with overhead canopy, pylon sign, 4-bay garage with overhead doors (two doors are 8 ft tall and two doors are 10 ft tall),
heated/cooled office area, Hunter alignment rack,1 inground hoist, AND, two bedroom, 1 bath apartment above with stove, refrigerator and dishwasher. Two 200A electrical services.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Service Station
Building Size
5,600 SF
Building Class
C
Year Built
1954
Price
$875,000
Price Per SF
$156.25
Tenancy
Single
Building Height
2 Stories
Building FAR
0.08
Lot Size
1.60 AC
Zoning
General Commercial - Commercial
Parking
24 Spaces (4.29 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $87,200 | |
| Land Assessment | $37,500 | Total Assessment | $124,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,500
Improvements Assessment
$87,200
Total Assessment
$124,700
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5982 W State Road 32
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