# 500 Broadway, Anderson, IN 46012 > **TL;DR:** commercial, $450,000, built 1960. Est. $2,406/mo. Listed 113 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 | Active | | Days on Market | 113 | ## 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 former 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. All on site furniture, fixtures and equipment are included. Frisch's closed on August 15th, 2026 and, contrary to popular online rumors, there was NO damage from the August 2026 flood. ## 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 - **Broker Phone:** (765) 640-1900 ## Photos ![500 Broadway - Photo 1](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4166447622r.jpg) ![500 Broadway - Photo 2](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2457470986r.jpg) ![500 Broadway - Photo 3](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1003479765r.jpg) ![500 Broadway - Photo 4](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2526488696r.jpg) ![500 Broadway - Photo 5](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f713691858r.jpg) ![500 Broadway - Photo 6](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f958899603r.jpg) ![500 Broadway - Photo 7](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4140605829r.jpg) ![500 Broadway - Photo 8](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1393209008r.jpg) ![500 Broadway - Photo 9](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1984462989r.jpg) ![500 Broadway - Photo 10](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1612277048r.jpg) ![500 Broadway - Photo 11](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1319018494r.jpg) ![500 Broadway - Photo 12](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4287914500r.jpg) ![500 Broadway - Photo 13](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2111318276r.jpg) ![500 Broadway - Photo 14](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4261541988r.jpg) ![500 Broadway - Photo 15](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f3299826299r.jpg) ![500 Broadway - Photo 16](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f3424600196r.jpg) ![500 Broadway - Photo 17](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2922818784r.jpg) ![500 Broadway - Photo 18](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f653149737r.jpg) ![500 Broadway - Photo 19](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f3125433156r.jpg) ![500 Broadway - Photo 20](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4266663997r.jpg) ![500 Broadway - Photo 21](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2629450072r.jpg) ![500 Broadway - Photo 22](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f4184348431r.jpg) ![500 Broadway - Photo 23](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2836156063r.jpg) ![500 Broadway - Photo 24](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f3549551598r.jpg) ![500 Broadway - Photo 25](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f2676976287r.jpg) ![500 Broadway - Photo 26](http://lh.rdcpix.com/b87c26f73772ffc8f0125b4964e4dc6dl-f1346888949r.jpg) --- **MLS#:** 22113000 | **Updated:** 2026-10-22 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. 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://staging.propertysimple.ai/listing/500-broadway-anderson-in-46012-f8a361b8a2b84646be9b72e7804bf179) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/500-broadway-anderson-in-46012-f8a361b8a2b84646be9b72e7804bf179#listing", "url": "https://staging.propertysimple.ai/listing/500-broadway-anderson-in-46012-f8a361b8a2b84646be9b72e7804bf179", "name": "500 Broadway, Anderson, IN 46012", "description": "The former 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. 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