500 Broadway Anderson, IN $ 450,000
500 Broadway
$ 450,000
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500 Broadway

Anderson, IN, 46012
$ 450,000
Bedrooms-- Baths-- Sq 4,804

Monthly Estimate*

$ 2,841

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Commercial Property for sale in Anderson, IN

for $450,000. This 4,804 square foot building was built in 1960 on a lot size of 1.845.

The Frisch's Big Boy building has been a North Anderson landmark for decades and is now for sale. The 4,804+- sf building is in good condition and was last renovated in 2012. The 1.845+- acre lot is on a prime signaled corner and features lots of parking. The B-2 zoning allows for a variety of business uses so it could potentially be repurposed for office, retail, medical, church or other use. The buyer could also be a landlord/investor. The restaurant is a tenant and the business is NOT included in the sale.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 37,976

Style

Retail

Lot Size

1.845

Year Built

1960

Town/City

Anderson

County/Region

Madison

MLS | Web ID

22113000

Features
General
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected See Remarks
Possession Subject to Tenant Rights
Roof Asphalt
Zoning B-2
Year Built 1960
Township Anderson
Property Subtype Retail
Tax Year 2025
Current Use Restaurant
Building Name Frisch's Big Boy
County Madison
New Construction N
Property Type Commercial Sale
Possible Use Comm Mul Ten Comm Sgl Ten Medical/Dental Office Restaurant Retail See Remarks
Status Active
Directions GPS Friendly
City Anderson
High School District Anderson Community School Corp
MLS Area 4810 - Madison - Anderson NW
Lot Size Square Feet 80586
Middle/Junior High School Highland Middle School
Additional Parcels Y/N N
Standard Status Active
Tax Lot 142
Legal Description New Survey recently recorded parcel number is pending. 1.845+- acre lot
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Exterior
Parking Features Detached
Building Area Total 4804
Lot Size Acres 1.845
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
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* Excluded Features
List By
Re/Max Real Estate Solutions

Broker

jimbittner@remax.net

Email

Affordability Calculator

$6,006
Per Month
47%
53%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$3,165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044991 Elementary School
4490853 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$450,000 Listed Price

Map


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500 Broadway, Anderson, IN, 46012 is a Commercial Property for sale at $450,000 with 4,804 sqft and a lot size of 1.845. 500 Broadway was built in 1960. The property's zip code is 46012 which is in Anderson, IN