8th Street Properties

Highlights:

• Annual Tax: $ 3660.52
• Age: New Construction
• Cooling: A/C
• Exterior: Sidewalk
• Flooring: Wall to Wall Carpet
• Heating Fuel Type: Gas
• Lot Size: 1/2 - 1 Acre
• Road Type: City / Town Street
• Roof: Rubber
• Sewer: City
• Water: City Water

Description:

Located within minutes of Downtown Anderson and close to I-69-, the area surrounding the property offers a variety of attractions and amenities. Situated within close proximity to popular business and leisure destinations, the location provides convenience and accessibility for investors in the Office/Retail Building market. Nearby points of interest include the Paramount Theatre, Mounds State Park, and the Anderson Center for the Arts, offering cultural experiences and recreational opportunities. Additionally, the up-and-coming downtown area features a variety of dining, shopping, and entertainment options, creating a dynamic environment for businesses and professionals.

6,647 SF office building
5 Commercial Units, Two Residential Units
Currently being Renovated
Zoned B-1
Located Near Downtown Anderson
10 Minutes from I-69
Immediate Rental Income

Introducing a rare investment opportunity- this 6,647 SF office building with 7 units (Five Commercial and Two Residential Apartments) offers a compelling blend of historic charm and modern functionality. Positioned in the Anderson area and zoned B-1, the property is a prime prospect for investors seeking a solid income-generating asset with potential for further growth and development. With its strategic location, this property represents a unique chance to acquire a well-maintained, income-producing property with enduring value. Vacant units are currently being renovated, and there are a plethora of tax incentives associated with the property: including a foreign trade zone, Tax Increment Financing (TIF) district, new market tax credit, Low-Income Housing Tax Credits (LIHTC), headquarter-relocation tax credits and Riverfront District.