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5223 Columbus Avenue

Anderson, IN 46013

ActiveListed Apr 24, 2026 · 180 days on market

Key facts

Living area
4,357 sqft
Lot
0.32 acres
Type
Commercial Sale · Mixed Use
MLS #
22097165
County
Madison
Total building area
4,357 sqft

About this home

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.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
B1

Schools

Middle school
Highland Middle School
School district
Anderson Community School Corp

Taxes

Estimated annual tax
$5,134 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,393per month, estimated
Principal and interest $2,772Property tax $428Insurance $193
20% · $110,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$550,000
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