1525 W. 14th Street

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Address: 1525 W. 14th Street, Anderson, Indiana, US
Created date: March 20, 2024
Date last updated: March 20, 2024
  • Ample parking.
  • Short drive or long walk to everything in downtown Anderson – shopping, restaurants, office, etc.
  • Located in TWO district government incentivized zones – New Market Tax Credit and Qualified Opportunity Zone.
  • R3 zoning will allow up to 25 units on this property. We believe the best use is to convert the property into Apartment Homes or Senior Housing.
  • Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.
  • 360 Degree Property Tour: https://kuula.co/share/collection/7YgkP?fs=1&vr=1&autorotate=-0.01&thumbs=3&info=0&logo=1&logosize=68

Property Description

Shadeland School is a 2-story, brick and limestone exterior building with attached gymnasium located near downtown at 1525 W. 14th Street, Anderson, IN 46016. This property is currently zoned R3 which will allow up to 25 apartment units. The property currently includes 18 classrooms and a full-size gymnasium. It has ample parking and is a short drive or long walk to everything in downtown Anderson – Shopping, Restaurants, Office, etc. There are several employers in the area including Community Hospital Anderson, St. Vincent Health, Nestle USA, Borg Warner Indiana Technical Center and Harrah’s Hoosier Park Racing. The building was built in 1923. This would be ideal for Workforce Housing, Apartment Homes, or Senior Housing. Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $500,000
No. of Units: 18
Year Built: 1923
Lot Size: 1.70 Sq ft
Opportunity Zone: No
Price per unit: $27,778
Property Website Click Here
Address: 1525 W. 14th Street, Anderson, IN 46016, USA
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