Pine Grove Apartments is a 42-unit community located in Elwood, IN, with a desirable mix of 8 two-bed/one-bath, 27 one-bed/one-bath, and 7 studios. The property spans seven single-story buildings totaling 25,768 sq. ft. on a large 4.45-acre lot. Built in 1982, the community is stable with consistent occupancy and tenant-paid electric utilities. With modest updates and rent growth, Pine Grove offers plenty of upside potential alongside reliable day-one income.
Incredible possibilities exist with this historic building in downtown Elwood. 3 levels of space to achieve almost any commercial interest. Main floor was last used as a coffee shop/bar which is still intact. Second level provides areas for storage or small offices. Upper level is a large open room with hardwood flooring and could be used for a multitude of different ideas. Come be a part of downtown Elwood's revival!
Commercial opportunity in the heart of downtown Elwood. This property offers an abundance of space and possibilities. Large storefront with ample room for a business, plus storage options galore. The upstairs of the building is a spacious 2 bedroom apartment or whatever the next owner decides. Nestled between thriving business in the Elwood's rapidly evolving and vibrant downtown area.
Check out this great location for your next business! Located near the corner of SR 37 and 13, this property offers excellent road frontage and plenty of parking. It was completely remodeled in 2017 including the roof, siding, windows, electrical, plumbing, reverse osmosis, HVAC, and a tankless water heater. Whether you need office space or have always wanted to open a boutique, this place has the visibility and convenience to make your business shine.
High-Traffic Commercial Property Opportunity on State Road 28! Don't miss this outstanding opportunity to own 4.09 acres of prime, multi-purpose commercial property on heavily traveled State Road 28. With excellent visibility and access, this property is perfect for a variety of business ventures. Two buildings, Main Warehouse: Approximately 6,900 sq. ft. featuring two entry doors, an office area, loft, and abundant storage. Metal roof is 2 years old. Office Building: 1,200 sq. ft., fully heated and cooled, connected to city water and sewer, and currently occupied by a reliable HVAC company. This building also has a 2-year-old roof. Additional features include a large paved parking lot, offering flexible use options for your business needs. Billboard rights are included, providing a valuable opportunity for extra income. If you're searching for a high-traffic commercial property with tons of potential-this is it!
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Elwood is located in Indiana. Elwood, Indiana has a population of 8,295. Elwood is less family-centric than the surrounding county with 20.63% of the households containing married families with children. The county average for households married with children is 25.19%.
The median household income in Elwood, Indiana is $46,709. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Elwood is 40.6 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 41.4 inches per year, with 20.6 inches of snow per year.
