627 Meridian Street

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627 Meridian Street

Anderson, IN 46016
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail property available for acquisition in Anderson, Indiana
  • Located at 627 Meridian Street in the 46016 ZIP code
  • Property positioned within an established regional commercial corridor
  • Asset suitable for retail or service-based business operations
  • Situated within the broader Indianapolis metropolitan economic market

What's Special

This retail asset at 627 Meridian Street in Anderson, Indiana, is currently for sale, presenting a functional acquisition for an investor or business owner seeking a foothold in the local commercial corridor. The property occupies a strategic position within the city, providing exposure to local consumer traffic and integration into the established Anderson business landscape. As a growing hub within the Indianapolis metro area, Anderson supports a diverse range of commercial operations, making this site a viable candidate for various retail, service-oriented, or showroom uses. The building layout allows for flexible adaptation to meet specific operational requirements. Investors and business buyers alike can leverage the accessibility of this location to serve the surrounding community effectively. With its positioning in a well-trafficked sector of the city, this retail space offers the infrastructure necessary to sustain a consistent commercial presence.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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