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24239641
24239642

1610 Arrow Ave, Anderson, IN 46016

PA
IN IN123455
Premier Commercial  TCN Worldwide Real Estate
KB
IN INRB22000848
Premier Commercial Real Estate Services
Listed by Premier Commercial TCN Worldwide Real Estate, Premier Commercial Real Estate Services
$685,000
372 days on market
Updated 57 days ago
Opportunity zone

1610 Arrow Ave., Anderson, IN

Details
Property Type Retail
Sub Type Bar, QSR/Fast Food (+1)
Square Footage 3,000
Units 1
Class B
Year Renovated 2018
Buildings 1

Retail | 3,000 SqFt

Marketing description

Property Description

Former Bar/Restaurant with Expansion Potential – A Rare Opportunity!


This 3,000 sq ft standalone bar & restaurant on a highly visible corner is the perfect blend of functionality, charm, & opportunity. This listing includes three adjacent lots & a 3-way liquor license, making it a turnkey opportunity for food & beverage service. Inside, you’ll find a wide-open floor plan that’s perfect for hosting everything from casual dinners to live music nights. There’s a built-in stage ready for performances, a commercial kitchen, & a private office space for back-of-house operations. Outside, the vibe continues with a welcoming deck & pergola—ideal for outdoor dining or weekend events. The attached private parking lot was repaved in 2018 during a complete renovation & expansion of the building.


**Additional opportunity to purchase the commercial building & lots directly across the street as part of a larger package deal.

Location Description

Strategically located on a high-visibility corner lot in Anderson, Indiana, this property offers prime exposure on a well-traveled thoroughfare. Positioned just 15 minutes from Anderson Speedway, Hoosier Park Racing & Casino, & Anderson Country Club, the site benefits from steady traffic driven by both local residents & out-of-town visitors. The surrounding area features a mix of residential neighborhoods, retail, & commercial activity, creating a strong customer base for both daytime & evening service. With easy access to major roads & highways, this location is ideal for drawing patrons from Anderson & surrounding Madison County.

Investment highlights

  • Multifamily development opportunity!

  • 3,000 SF bar/restaurant building on a highly visible corner

  • Includes 3-way liquor license & 3 adjacent lots (room for potential expansion or outdoor event space)

  • Commercial kitchen

  • Outdoor deck & pergola

  • Development Opportunity—Zoned B2 and R3

For more info, please visit: http://properties.premiercommercialre.com/arrowave-anderson-sale/

Listing Contacts

PA
IN IN123455
Premier Commercial  TCN Worldwide Real Estate
KB
IN INRB22000848
Premier Commercial Real Estate Services
Listed by Premier Commercial TCN Worldwide Real Estate, Premier Commercial Real Estate Services

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Additional Information

Name
Pete Alveal
License
IN123455
Brokerage Phone
317-454-7171
Name
Kristen Berry
License
INRB22000848
Brokerage
Premier Commercial Real Estate Services
Title
Broker
Brokerage Address
9785 Crosspoint Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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