Map of Property

Shadeland School Apartments Listing Details & Market Data

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
  • Year Built 1923
  • Date Updated Mar 20, 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

(317) 255-3900

Location

Getting Around

  • Walk Score ®

    Car-Dependent (42)

  • Bike Score ®

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

Points of Interest

  • Marathon

    2.38 miles

  • Speedway

    2.47 miles

  • GetGo

    2.48 miles

  • Speedway

    2.80 miles

  • Speedway

    2.97 miles

  • GetGo

    3.06 miles

  • Speedway

    3.64 miles

  • Speedway

    3.67 miles

  • Speedway

    4.40 miles

  • Mcclure Oil

    6.53 miles

  • The Toast Cafe

    1.07 miles

  • Chick-fil-A Express

    1.96 miles

  • Taco Bell

    2.41 miles

  • Gene's Root Beer Stand

    2.50 miles

  • Olive Garden

    3.16 miles

  • Fazoli's

    3.25 miles

  • McDonald's

    3.48 miles

  • McDonald's

    3.62 miles

  • IHOP

    3.66 miles

  • Waffle House

    4.04 miles

  • Shadeland Elementary School

    0.01 miles

  • Highland Senior High School

    0.44 miles

  • Columbia School

    0.54 miles

  • Riley School

    0.57 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

  • Great Commission School

    1.18 miles

Contact Listing Broker

broker

Michael B. Drew, CCIM

Bradley Company

(317) 255-3900