403 W 8th St., Anderson
Office
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30854486 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
22,075 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$545,000 |
| Unit Price: |
$24.69 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Building Name: |
Thomas W Wright House |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/30/2023 |
Overview / Comments
Calling all growing business owners! Stunning and well maintained office building on historical W 8th. Building has served multiple businesses over the last century and bolsters much of the original architecture and stained glass windows. Main level and below grade area offers a plethora of offices and conference rooms. Second story has been fully renovated as an apartment with 3 bed, 2 living spaces, 2.5 bath, full kitchen, and laundry room. The third story as well could be used as another apartment or office space with a kitchen and full bath. Tons of parking options surround the building along with more spaces on 2 extra parcels that convey with the main property. Don't miss out on the this rare opportunity!
|
Financials
| Finance Data Year |
2015 |
| Real Estate Taxes - Annual($) |
$9,195 (Annual) |
| Tax Value Land |
$9,000 |
| Tax Value Improvements |
$297,500 |
| Assessed Value - Total($) |
$306,500 (Annual) |
| Finance Data Year |
2013 |
| Real Estate Taxes - Annual($) |
$9,225 (Annual) |
| Tax Value Land |
$9,000 |
| Tax Value Improvements |
$298,500 |
| Assessed Value - Total($) |
$307,500 (Annual) |
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$15,573 (Annual) |
| Tax Value Land |
$13,800 |
| Tax Value Improvements |
$505,300 |
| Assessed Value - Total($) |
$519,100 (Annual) |
| Finance Data Year |
2010 |
| Real Estate Taxes - Annual($) |
$15,459 (Annual) |
| Tax Value Land |
$13,800 |
| Tax Value Improvements |
$501,500 |
| Assessed Value - Total($) |
$515,300 (Annual) |
| Finance Data Year |
2009 |
| Real Estate Taxes - Annual($) |
$15,444 (Annual) |
| Tax Value Land |
$13,900 |
| Tax Value Improvements |
$500,900 |
| Assessed Value - Total($) |
$514,800 (Annual) |
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Madison |
| Submarket Type: |
Historic District |
| Tax ID/APN: |
48-11-12-304-127.000-003 |
| Zoning: |
B5, R4 |
| Airports: |
Anderson airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
4 |
| Year Built: |
1899 |
| Year Renovated: |
1980 |
| Roof Type: |
Gable |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Internet Access: |
Cable |
| Legal Description: |
J DAVIS 1ST 0.0000Acres STR: 00000 SECTION: PLAT: 89 IN: OUT: |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,516 |
53,340 |
74,500 |
| Median Age: |
33.31 |
37.75 |
39.73 |
| Households: |
4,059 |
22,117 |
31,075 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
