Specialty Real Estate
1525 West 14th Street Anderson, IN 46016
Details & Description
Price: $500,000
    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.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.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 Highlights
     Located in TWO district government incentivized zones New Market Tax Credit and Qualified Opportunity Zone.
     Short drive or long walk to everything in downtown Anderson shopping, restaurants, office, etc.
    Additional Photos
    Listing Agents
    Michael Drew

    O: 317-663-6079
    M: 317-255-3900
    mdrew@bradleyco.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1525 West 14th Street

    Anderson, IN 46016

    Listing ID: 259189
    • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 1
    • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 2
    • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 3
    • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 4
    • 1525 West 14th Street Anderson, IN 46016 | for Sale | Photo 5
    1525 West 14th Street | for Sale | Thumbnail 1
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    Building Size: 37,000 SF
    Lot Size: 1.700 AC
    Land Size: 74,052 SF
    Building $/SF: $13.51
    Land $/SF: $6.75
    Price
    $500,000
    Property Highlights
    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.
    Other uses such as Self Storage, Warehousing, or a School would require a change in zoning.
    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.

    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.

    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

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    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Indianapolis History of Specialty Real Estate for Sale

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    Anderson Area Market Trends

    Listing Demographics for 1525 West 14th Street Anderson, IN 46016

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8,45546,35866,326
    Population Median Age363940
    Population by Age0-9 Yrs1087 (12%)5434 (11%)7744 (11%)
    10-19 Yrs1219 (14%)6144 (13%)8153 (12%)
    20-29 Yrs1465 (17%)7098 (15%)9304 (14%)
    30-39 Yrs1161 (13%)6011 (12%)8377 (12%)
    40-49 Yrs1012 (11%)5409 (11%)7760 (11%)
    50-59 Yrs1064 (12%)5790 (12%)8646 (13%)
    60-69 Yrs872 (10%)5406 (11%)8290 (12%)
    70+ Yrs576 (6%)5065 (10%)8052 (12%)
    Median HH Income$29,991$38,127$41,032
    Total Household Income< 24K1462 (42%)6234 (32%)8304 (30%)
    25-49K1030 (30%)5612 (29%)7814 (28%)
    50-74K454 (13%)3424 (18%)5326 (19%)
    75-99K223 (6%)1685 (8%)2767 (9%)
    100-199K209 (6%)1804 (9%)3125 (11%)
    200K+32 (0%)229 (1%)337 (1%)
    Highest Education LevelNo Diploma105047035991
    Diploma or GED22031214217822
    Some College118165309767
    Assoc. Degree39824684046
    Bachelors Degree56034225354
    Higher Degree15116732593
    Total Housing Units4,74223,54133,177
    --Owner-Occupied1,65010,90217,212
    --Renter-Occupied1,7608,08710,461
    Owner-Occupied Values< 100K1451783811006
    100-199K16925825130
    200-299K14235561
    300-399K2100233
    400-499K147106
    500K+14100176
    Total Working Age Population6,55037,32853,791
    In Work Force3,66821,86731,585
    Not In Work Force2,88315,46122,206
    Workforce Employed3,34020,12829,281
    Workforce Unemployed3241,6922,230
    Civlian Workforce3,66421,82031,510
    Military Workforce44774
    Total Households3,41018,98927,672
    Family Households2,05110,88916,456
    Non-Family Households1,3608,10011,216
    Married Couple8826,42910,564
    Other Family1,1694,4605,893
    Married w/Child3252,0963,330
    Single Male w/Child139524619
    Single Female w/Child5142,1122,792

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Madison County133,358-1131,636-3127,604-3124,262

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1525 West 14th Street in Anderson?
    The asking price for 1525 West 14th Street is $500,000
    What is the building size of this Specialty property in Anderson, IN?
    The size of the building/unit at 1525 West 14th Street in Anderson is 37,000 square feet
    How much land does the Anderson, IN property at 1525 West 14th Street include?
    1525 West 14th Street in Anderson includes 1.700 acres of land
    What kind of Specialty is the propery at 1525 West 14th Street?
    The property at 1525 West 14th Street Anderson, IN 46016 is listed as a Education/Day Care Specialty property
    What is the population within 1 mile of 1525 West 14th Street in Anderson?
    The population within 1 mile of 1525 West 14th Street Anderson, IN 46016 is 8,455 people.
    Who do I contact for questions about 1525 West 14th Street?
    You should contact the listing agent, Michael Drew , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 41
    Fort Wayne International Airport (FWA) 66
    James M Cox Dayton International Airport (DAY) 79