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5223 Columbus Ave 4,360 SF 100% Leased Retail Building Anderson, IN 46013 $821,826 CAD ($188.49 CAD/SF)
Investment Highlights
- Fully renovated mixed use retail & residential spaces
- Busy corner intersection with 20,000 VPD
- Large garage for storage
Executive Summary
Prime investment or owner/operator mixed use opportunity at one of the busiest intersections in Anderson with over 20,000 vehicles per day combined at the intersection in 2025. This ground level of this building features a wide opportunity of commercial and business application space with approximately 1,600 square feet of retail space in combination with approximately 1,050 square feet of garage/storage space that is currently leased by a coffee company producing $2,600 per month in gross rental income. The second floor features an approximate 1,600 square feet, 3 bed, 2 full bathroom apartment that is currently occupied with a lease through May 1, 2027 generating $1,600 per month in rental income with tenant covers a portion of utilities. Zoned B1, which will allow a wide variety of commercial and business applications.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$68,932
|
$15.81
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$68,932
|
$15.81
|
| Taxes |
$7,019
|
$1.61
|
| Operating Expenses |
$4,377
|
$1.00
|
| Total Expenses |
$11,396
|
$2.61
|
| Net Operating Income |
$57,536
|
$13.20
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $68,932 |
| Annual Per SF | $15.81 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $68,932 |
| Annual Per SF | $15.81 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,019 |
| Annual Per SF | $1.61 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,377 |
| Annual Per SF | $1.00 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,396 |
| Annual Per SF | $2.61 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $57,536 |
| Annual Per SF | $13.20 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
4,360 SF
Building Class
C
Year Built
1965
Price
$821,826 CAD
Price Per SF
$188.49 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.32 AC
Zoning
B1 - B1: This district is designed and
located in neighborhoods to
accommodate the primary
shopping and service needs of
the locality.
Parking
12 Spaces (2.75 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signalized Intersection
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-12-30-304-003.000-003 | Total Assessment | $322,367 CAD (2025) |
| Land Assessment | $39,663 CAD (2025) | Annual Taxes | $7,019 CAD ($1.61 CAD/SF) |
| Improvements Assessment | $282,704 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
48-12-30-304-003.000-003
Land Assessment
$39,663 CAD (2025)
Improvements Assessment
$282,704 CAD (2025)
Total Assessment
$322,367 CAD (2025)
Annual Taxes
$7,019 CAD ($1.61 CAD/SF)
Tax Year
2026
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5223 Columbus Ave
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