Elwood IN Real Estate & Commercial for Sale

6 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
4,884
Status:
Active
MLS#:
22076503
Type:
Retail
Lot size:
0.07 Acres
Courtesy: Zuluscape 317-663-8485
View additional info

ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
4,466
Status:
Active
MLS#:
22074155
Type:
Office
Lot size:
0.07 Acres
Year built:
1890
Courtesy: Zuluscape 317-663-8485
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
1,728
Status:
Active
MLS#:
22076359
Type:
Retail
Lot size:
0.06 Acres
Courtesy: Epique Inc 888-893-3537
View additional info

ADDITIONAL INFORMATION

Looking for an affordable, turn-key commercial property with exceptional flexibility? This 1,728-square-foot commercial building in Elwood, Indiana offers a highly adaptable layout suitable for a wide range of business uses, including professional offices, retail, service-based businesses, cafes, bakeries, salons, barber shops, studios, or light food service. Its efficient footprint and flexible interior make it an excellent option for both owner-operators and investors seeking a versatile commercial asset. The building features an open, functional floor plan that allows for easy reconfiguration to match your business vision. Previously home to a successful neighborhood restaurant, the space benefits from existing infrastructure and utilities that can support multiple commercial uses, while also offering a clean slate for new branding, layout, or design concepts. The straightforward interior layout allows for cost-effective updates without the need for extensive structural changes. Located in a desirable end-cap position, the property offers strong visibility, prominent signage opportunities, easy customer access, and ample shared parking. Its placement within a well-traveled commercial area provides consistent daily exposure, enhancing brand presence and accessibility for customers, clients, or employees alike. An appraisal completed several years ago valued the property at $185,000, and it is now offered at $150,000, presenting buyers with built-in equity and a compelling entry point into commercial ownership. Whether you are launching a new venture, relocating an existing business, or adding a flexible commercial property to your portfolio, this offering delivers value, adaptability, and long-term potential.

Beds:
n/a
Baths:
Sq.Ft.:
2,304
Status:
Active
MLS#:
22054654
Type:
Mixed Use
Lot size:
0.4 Acres
Year built:
1966
Courtesy: Carpenter, REALTORS® 317-770-1122
View additional info

ADDITIONAL INFORMATION

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. Don't let this opportunity pass you by!

Beds:
n/a
Baths:
Sq.Ft.:
8,120
Status:
Active
MLS#:
22043983
Type:
Mixed Use
Lot size:
4.09 Acres
Year built:
1900
Courtesy: RE/MAX Real Estate Solutions 765-640-1900
View additional info

ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
11,421
Status:
Active
MLS#:
22027088
Type:
Office
Lot size:
0.17 Acres
Year built:
1982
Courtesy: Rhodes Realty, LLC 765-354-9820
View additional info

ADDITIONAL INFORMATION

Discover a unique investment and development opportunity in the heart of Elwood, Indiana. Zoned R-2 Medium-High Density Residential and D2-N Commercial, this property offers exceptional flexibility for either immediate medical office use or future redevelopment. Currently built out as a fully operational medical office, this 11,421-square-foot, two-story facility features: Multiple private exam rooms, Spacious reception and waiting area, Administrative offices & consultation rooms, Nurse stations, storage, and restrooms, ADA-compliant entry and patient access, HVAC and utility systems designed for medical operations. Brand New Commercial Roof Resurfaced and striped parking lot with 54 spaces.

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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 {{last updated}}. 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.




Elwood Real Estate

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.

Elwood Weather

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.

Elwood Map

Elwood Real Estate Market Conditions

  • Median sales price

    $162,500
    18.4%
    change since last quarter
  • # Active listings

    60
    30-day change

Elwood Schools and Demographics

Education near Elwood, IN

City County
High School Graduates 91.73 89.76
College Degree - 2 year 9.49 9.34
College Degree - 4 year 9.05 19.02
Graduate Degree 1.76 5.38
Expenditures per Student 12,987 12,987
Students per Teacher 16.1 16.1

Elementary Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe Elementary School PK - 03 345 21.6 46001
Alexandria-Monroe Intermediate School 03 - 06 450 19.6 46001
Elwood Elementary School PK - 02 462 19.7 46036
Elwood Intermediate School 03 - 06 439 15.1 46036
Frankton Elementary School PK - 06 860 29.7 46044
Park Elementary School KG - 06 373 17.8 46928
Summitville School PK - 06 308 16.9 46070

Middle Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Madison-Grant Junior High School 07 - 08 205 11.4 46928

High Schools near Elwood, IN

Grades Students P/T Ratio ZIP
Alexandria-Monroe High School 07 - 12 787 19.2 46001
Elwood Junior-Senior High School 07 - 12 658 16.4 46036
Frankton Junior/Senior High School 07 - 12 674 18.6 46044
Madison-Grant High School 09 - 12 416 14.3 46928

Ungraded Schools near Elwood, IN

Grades Students P/T Ratio ZIP
John H Hinds Career Center PK - 12 0 46036

Demographics near Elwood, IN

City County
Neighborhood Type Suburban
Population 8,295 130,037
Population Density 2,231 288
Median Age 40.6 40.7
People per Household 2.5 2.4
Median Household Income 46,709 54,491
Average Income per Capita 23,903 27,778

Real estate near Elwood