Elwood, IN Commercial Real Estate for Sale

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Tillable Agricultural Land
Updated: Jul 30
Tillable Agricultural Land

7250 E 450 S, Elwood, IN 46036

$987,500
79.00 AC lot
79 total acres in Tipton County, Indiana
57.5 acres of tillable cropland
Wooded acreage supports hunting use
Located at 7250 E 450 S, Elwood, IN 46036
Identified as a 1031 exchange opportunity
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Flex Space With Dock Doors
Updated: Aug 12
Flex Space With Dock Doors

216 S 16th Street, Elwood, IN 46036

$39,900
0.16 AC lot
6,145 square feet on the ground level
Largest ground‑level room measures 82x46 feet
Upper level includes 3 offices and 2 bathrooms
Several sliding rail dock doors
Concrete and hardwood floors with extensive windows
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Church Property with Classroom Space
Church Property with Classroom Space

223 Main St, Elwood, IN 46036

$670,000
4,461 sqft 1.79 AC lot

Well-maintained church with sanctuary, classrooms, offices, kitchen, and roughly 80 on-site parking spaces.

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See what stands out in Madison County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Adaptable Storefront Property
Adaptable Storefront Property

1534 Main St, Elwood, IN 46036

$65,000
8,712 sqft

Main Street commercial building suited to retail, office, or service operations.

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Dollar General Market Grocery Store
Dollar General Market Grocery Store

1900 S Anderson St, Elwood, IN 46036

Contact for pricing
24,341 sqft

Double-sized Dollar General Market concept combines full-service grocery offerings with a Dollar General store.

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Corner Commercial Land
Corner Commercial Land

849 N 11th St N, Elwood, IN 46036

Contact for pricing

The two-lot offering supports non-residential storage or workspace uses.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Tillable Farmland with Hunting Woods
Tillable Farmland with Hunting Woods

7250 E 450 S, Elwood, IN 46036

$987,500

Agricultural acreage combines cultivated ground with wooded areas identified for hunting use.

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Tillable Farmland
Tillable Farmland

0 N 900 W, Elwood, IN 46036

$630,000

Agricultural tract includes tillable ground alongside a wooded portion.

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Elwood Development Site For Sale
Elwood Development Site For Sale

1000 N 9th St, Elwood, IN 46036

Contact for pricing
13.78 AC lot

13.78 acre development site in Elwood, Indiana.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Manufacturing Facility with Warehouse Space
Manufacturing Facility with Warehouse Space

801 BERRYMAN PIKE, Tipton, IN 46072

Contact for pricing
182,238 sqft 9.56 AC lot

Large-scale industrial property with flexible I-2 zoning, heavy power, loading infrastructure, and rail access.

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Flex Building with Overhead Door
Flex Building with Overhead Door

109 S Clinton Street, Alexandria, IN 46001

$150,000
0.10 AC lot

Light-industrial space with concrete floors, off-street parking, new siding, and a rubber roof.

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Built-Out Neighborhood Tavern
Built-Out Neighborhood Tavern

518 N HARRISON ST, Alexandria, IN 46001

Contact for pricing
2,072 sqft

Established hospitality property with bar infrastructure, commercial kitchen facilities, and a fenced outdoor patio.

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Annexed Commercial Land
Annexed Commercial Land

1030 E Jefferson Street, Tipton, IN 46072

$450,000
10.00 AC lot

City-annexed land with access to the US31 corridor and potential for commercial or multifamily development.

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Off-Market Properties in Elwood, IN

Consider similar Off-Market properties in Elwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1515 19th St
MEDICAL BUILDING

1515 19th St, Elwood, IN 46036-2941

Estimated value:
$385,000
11,421 sqft 0.17 AC lot
View details
10080 State Rd 37
MEDICAL BUILDING

10080 State Rd 37, Elwood, IN 46036-9036

Estimated value:
$270,000
2,400 sqft 1.40 AC lot
View details
2010 P St
VACANT COMMERCIAL LAND

2010 P St, Elwood, IN 46036-3421

Estimated value:
$230,000
0.06 AC lot
View details
118 Anderson St
COMMERCIAL (GENERAL)

118 Anderson St, Elwood, IN 46036-2013

Estimated value:
$370,000
6,072 sqft 0.07 AC lot
View details
7586 State Rd 28
COMMERCIAL (GENERAL)

7586 State Rd 28, Elwood, IN 46036-8966

Estimated value:
$225,000
3,264 sqft 0.45 AC lot
View details
1912 Main St
RETAIL STORES (PERSONAL SERVICES)

1912 Main St, Elwood, IN 46036-2002

Estimated value:
$275,000
2,205 sqft 0.33 AC lot
View details
1421 Anderson St
OFFICE BUILDING

1421 Anderson St, Elwood, IN 46036-2828

Estimated value:
$255,000
0.01 AC lot
View details
115 Anderson St
COMMERCIAL (GENERAL)

115 Anderson St, Elwood, IN 46036-2014

Estimated value:
$195,000
6,600 sqft 0.05 AC lot
View details
1351 B St
RETAIL STORES (PERSONAL SERVICES)

1351 B St, Elwood, IN 46036-1908

Estimated value:
$190,000
2,257 sqft 0.20 AC lot
View details
2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

Estimated value:
$430,000
21,000 sqft 0.15 AC lot
View details
2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

Estimated value:
$135,000
2,000 sqft 0.12 AC lot
View details
2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

Estimated value:
$340,000
16,216 sqft 0.15 AC lot
View details
1530 A St
COMMERCIAL (GENERAL)

1530 A St, Elwood, IN 46036-2007

Estimated value:
$100,000
2,076 sqft 0.01 AC lot
View details
517 Anderson St
PARKING LOT

517 Anderson St, Elwood, IN 46036-1293

Estimated value:
$260,000
0.24 AC lot
View details
527 Anderson St
OFFICE (GENERAL)

527 Anderson St, Elwood, IN 46036

Estimated value:
$265,000
8,100 sqft 0.04 AC lot
View details

Elwood, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Elwood, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 37,514 square feet of properties for sale, with an estimated market value of $3,379,900.

Sale prices for business properties in Elwood, IN start at $39,900, averaging $563,316, and reaching up to $987,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 11K
Population Growth (5Y) -5.4%
Median Household Income $59,082
College Educated 14.2%

High-Yield Neighborhoods for Investment

Identify Elwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46036 $398.7K

Taxes & Financing

Tax Rate (average for all types) 2.82%
Property Tax per SF $43.44 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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