855.375.4001
Listing Courtesy of: Albert Stancato - Highgarden Real Estate 317-205-4320

1516 Main Street Elwood, IN 46036

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Other Residence
Beds
Baths
... Bed/Bath
4,907 Sq. Ft.

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Last updated on 1/31/2025 3:41 PM
Investor's Dream Opportunity! Calling all savvy investors! This 4,907 sq. ft. commercial property is a blank canvas with immense potential. Previously utilized as a laundry cleaner and U-Haul truck rental, this property offers plenty of possibilities for redevelopment or multi-use purposes. Versat...ile Layout: The 2,729 sq. ft. downstairs can be subdivided to fit your vision, while the upstairs space was being designed for two studio apartments, adding rental income potential. City Incentives: There is POTENTIAL for a tax abatement through the city-an added financial boost for your investment. Important Note: This is a highly distressed property requiring immediate attention, including a new roof and renovations throughout. Includes asphalt parking lot! Serious investors who can see the opportunity beneath the surface, this one's for you! Don't miss your chance to turn this fixer-upper into a profitable venture. Schedule your showing today! Serious inquiries only. Continue reading
MLS#
21960968
Property Type
Other
Year Built
1895
Square Feet
4,907 sq. ft
Lot Size
0.16

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Listing Courtesy of: Albert Stancato - Highgarden Real Estate 317-205-4320

Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/31/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.

This content last refreshed on 1/31/2025 3:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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