# 500 Broadway, Anderson, IN 46012

> **TL;DR:** commercial, $450,000, built 1960. Est. $2,406/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $450,000 |
| Year Built | 1960 |
| Lot Size | 80,368 sqft (1.84 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,275 |
| Estimated Insurance | $131 |
| **Total** | **$2,406** |

## Nearby Schools

- **Middle:** Highland Middle School

## Property Highlights

- Built in 1960
- 1.84 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 500 Broadway, Anderson, IN 46012
- **County:** Madison
- **Coordinates:** 40.11815426, -85.67816734
- **Google Maps:** https://www.google.com/maps?q=40.11815426,-85.67816734

## Listing Agent

- **Name:** Jim Bittner
- **Brokerage:** RE/MAX Real Estate Solutions
- **Phone:** (765) 640-1900

## Primary Photo

![500 Broadway - Primary Photo](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4166447622r.jpg)

*12 total photos available on [listing page](https://www.propertysimple.ai/listing/500-broadway-anderson-in-46012-22113000)*

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**MLS#:** 22113000 | **Updated:** 2026-08-03
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/500-broadway-anderson-in-46012-22113000)

---

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