Map of Property

Shadeland School Apartments

1525 W. 14th Street, Anderson, IN 46016

  • For Sale $500,000
  • Property Type Multi-Family
  • Property Size 37,000 SF
  • Units 18
  • Lot Size 1.7 Acre
  • Additional Rent Contact for pricing
  • Year Built 1923
  • Date Updated Nov 11, 2024
The property is located at 1525 W. 14th Street, Anderson, IN. It is 1.5 miles to downtown Anderson. Shadeland School is close to The Anderson Museum of Art, Paramount Theatre, and beautiful parks for leisure activities. Anderson University is a short 2.4 mile, seven minute drive away.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.

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Attachments

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.
  • 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

Contacts

broker

Michael B. Drew, CCIM

Bradley Company

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Anderson, IN
  • Neighborhood Brentwood
  • Zip Code 46016
  • Market Indianapolis

Points of Interest

  • GetGo

    1.03 miles

  • Marathon

    2.38 miles

  • Speedway

    2.47 miles

  • FastMax

    4.23 miles

  • Marjon Motel

    3.36 miles

  • Days Inn by Wyndham Anderson IN

    3.93 miles

  • Best Western Plus Anderson

    4.07 miles

  • Quality Inn & Suites Anderson I-69

    4.12 miles

  • Baymont Anderson

    4.16 miles

  • Comfort Inn 2229 E 59th St Anderson Indiana

    4.19 miles

  • Hampton Inn Anderson

    4.28 miles

  • Fairfield Inn & Suites Anderson

    4.33 miles

  • Western Hotel

    5.40 miles

  • Sunflower Hotel

    5.43 miles

  • Taco Bell

    0.63 miles

  • Pizza King

    0.65 miles

  • Wendy's

    0.69 miles

  • Pittt Barbeque & Grill

    0.73 miles

  • McDonald's

    0.94 miles

  • The Toast Cafe

    1.07 miles

  • Yosaku

    1.13 miles

  • Frisch's Big Boy

    1.57 miles

  • Chick-fil-A

    1.96 miles

  • Gene's Root Beer Stand

    2.50 miles

  • Shadeland Elementary School

    0.01 miles

  • Highland Senior High School

    0.44 miles

  • Columbia School

    0.54 miles

  • Riley School

    0.57 miles

  • Robinson Elementary School

    0.59 miles

  • Westvale Elementary School

    0.64 miles

  • Eldorado School

    0.68 miles

  • Anderson High School

    0.70 miles

  • Seventh Street School

    1.05 miles

  • Saint Ambrose School

    1.18 miles

Frequently Asked Questions

How much does Shadeland School Apartments cost?

The space currently listed for sale at Shadeland School Apartments asks for $500,000.

What is the total square footage of Shadeland School Apartments?

Shadeland School Apartments totals 37,000 square feet.

When was this property built?

Shadeland School Apartments was built in 1923.

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Contact Listing Broker

broker

Michael B. Drew, CCIM

Bradley Company