Union Building

For Sale

1100-1106 Meridian St, Anderson, IN 46016

This Anderson property for sale is located at 1100-1106 Meridian St. The general use of Union Building is retail and it incorporates 83,441 square feet of class B retail space. The current listed sale price for Union Building is $1,251,615. Union Building is situated on a lot that is 0.44 acre in size.

Contacts

broker
Dan Lewkowicz

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Strip
  • Property Size 83,441 SF
  • Lot Size 0.44 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1902
  • Date Updated Feb 18, 2025
The City of Anderson is located some 40 miles northeast of Indianapolis on Interstate Highway 69, approximately 18 miles southwest of the city of Muncie. Among its notable distinctions, Anderson is home to the largest manufacturing plant in North America of Swiss food giant Nestle N.A. It also boasts the Hoosier Park Casino, Which attracts visitors from around the state of Indiana and beyond. The casino features both live and electronic gaming, and horseracing, and is a major driver of local economic activity. Dating back to the 1990s, Anderson was previously known as the single largest center of employment by GM outside of Detroit. However, after NAFTA led to a predictable out migration of jobs, and over time GM left Anderson. More recently, Anderson City has aggressively focused on economic development. Over the last 10 years, this newfound energy has attracted over $1.5 billion in foreign direct investment, accounting for upwards of 5,000 direct jobs, from a wide range of countries. In addition to jobs and investment, Purdue has recently setup two installations, one located within the City’s Flagship Center adjacent to I-69, and the other located immediately adjacent to downtown, which houses the state-of-the-art, multi-disciplinary Purdue Polytechnic Institute. The City is also home to Anderson University, founded in 1917, a private church affiliated liberal arts residential university.Introducing a prime investment opportunity at 1100 Meridian St, Anderson, IN. This historic 19,110 SF building, dating back to 1902, offers endless possibilities. Zoned C for commercial use, it's an ideal canvas for a retail/strip center investor seeking a versatile space in the thriving Anderson area. The property's timeless architecture and generous square footage provide an excellent foundation for building a dynamic retail destination. With its rich history and strategic location, this property is poised to become a cornerstone of retail development in the area.
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Highlights

  • 19,110 Sf Historic Building
  • Built-in 1902
  • Zoned C for Commercial Use
  • Ideal for Retail/strip Center Investor
  • Prime Location in Anderson
  • Versatile Space for Retail Development
  • Endless Possibilities for Adaptive Reuse
  • Timeless Architecture
  • Generous Square Footage
  • Excellent Retail Destination Potential

Getting around

  • 75/100

    Walk Score ®

  • 78/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Anderson, IN
  • Neighborhood Downtown Anderson
  • Zip Code 46016
  • Market Indianapolis

Points of Interest

  • GetGo

    0.24 miles

  • Speedway

    1.40 miles

  • Marathon

    2.05 miles

  • FastMax

    3.76 miles

  • Yosaku

    0.07 miles

  • The Toast Cafe

    0.12 miles

  • McDonald's

    0.24 miles

  • Pittt Barbeque & Grill

    0.64 miles

  • Frisch's Big Boy

    0.93 miles

  • Chick-fil-A

    0.94 miles

  • Taco Bell

    1.35 miles

  • Gene's Root Beer Stand

    1.44 miles

  • Pizza King

    1.70 miles

  • Wendy's

    1.74 miles

  • Payless Supermarket

    1.34 miles

  • Harvest

    1.44 miles

  • Big Lots

    2.85 miles

  • ALDI

    3.07 miles

  • Walmart Supercenter

    3.21 miles

  • Gordon Food Service

    3.30 miles

  • Meijer

    4.19 miles

  • Needlers

    7.75 miles

  • Harvest Market

    9.18 miles

  • Dollar General

    9.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dan Lewkowicz

Encore Real Estate Investment Services

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