Elwood, IN Commercial Real Estate for Sale

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Church Property with Classroom Space
Updated: Apr 2
Church Property with Classroom Space

223 Main St, Elwood, IN 46036

Contact for pricing
4,461 sqft 1.79 AC lot
Well‑maintained church built in 1992 with 4,461 SF of interior space
Sanctuary with high ceilings plus fellowship space, offices, classrooms, kitchen facilities, and multi‑purpose rooms
1.79‑acre parcel with approximately 80 on‑site parking spaces for congregants, staff, and visitors
Zoned R2—supports continued religious use and may support alternative uses such as community center, daycare, or event venue (subject to approvals)
Located in the core of downtown Elwood at 223 Main Street
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Dollar General Market Grocery Store
Updated: Feb 17
Dollar General Market Grocery Store

1900 S Anderson St, Elwood, IN 46036

Contact for pricing
24,341 sqft
Double‑sized Dollar General Market concept combining full‑service grocery offerings with a Dollar General store
Placer.ai reports the Elwood store ranks #1 performing DG store in Indiana and in the top 90% nationally
DG proposed a 10‑year renewal prior to the start of its second renewal option period
DG will install a brand‑new HVAC system at its own expense in 2026
Elwood is about 15 minutes east of Interstate 69
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Agricultural Land with Wooded Area
Agricultural Land with Wooded Area

0 North 900th West, Elwood, IN 46036

$700,000
1,525,906 sqft 35.00 AC lot

Approximately 32 acres are tillable, with an additional 2.85 acres of woodland included.

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Light Manufacturing Building
Light Manufacturing Building

2635 S F Street, Elwood, IN 46036

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Standalone light manufacturing facility ready for operations, featuring a large building in excellent condition.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Storefront Retail Property
Storefront Retail Property

212 N Canal Street, Alexandria, IN 46001

Contact for pricing
0.07 AC lot

Small storefront retail property available for sale, listed as an investor special and ready for new ownership decisions.

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Open Plan Warehouse Flex Space
Open Plan Warehouse Flex Space

1945 Anderson Frankton Road, Anderson, IN 46011

Contact for pricing
6,000 sqft 3.00 AC lot

A 6,000-square-foot open-plan space on 3 acres with a 3,500-square-foot pole barn and kitchen.

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Level Farmland Parcel
Level Farmland Parcel

3410 W Cross St, Anderson, IN 46011

$225,000

15+ acres of level farm ground offered as a single tract on a northeast corner location.

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Industrial Land with Rail Spur
Industrial Land with Rail Spur

300 Indiana Ave, Alexandria, IN 46001

Contact for pricing

Industrial land featuring a Norfolk Southern rail spur.

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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

$565,000
Estimated value
11,421 sqft 0.17 AC lot
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10080 State Rd 37
MEDICAL BUILDING

10080 State Rd 37, Elwood, IN 46036-9036

Value Estimation by Request
2,400 sqft 1.40 AC lot
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2010 P St
VACANT COMMERCIAL LAND

2010 P St, Elwood, IN 46036-3421

Value Estimation by Request
0.06 AC lot
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118 Anderson St
COMMERCIAL (GENERAL)

118 Anderson St, Elwood, IN 46036-2013

Value Estimation by Request
6,072 sqft 0.07 AC lot
View details
7586 State Rd 28
COMMERCIAL (GENERAL)

7586 State Rd 28, Elwood, IN 46036-8966

Value Estimation by Request
3,264 sqft 0.45 AC lot
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1912 Main St
RETAIL STORES (PERSONAL SERVICES)

1912 Main St, Elwood, IN 46036-2002

Value Estimation by Request
2,205 sqft 0.33 AC lot
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1421 Anderson St
OFFICE BUILDING

1421 Anderson St, Elwood, IN 46036-2828

Value Estimation by Request
0.01 AC lot
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115 Anderson St
COMMERCIAL (GENERAL)

115 Anderson St, Elwood, IN 46036-2014

Value Estimation by Request
6,600 sqft 0.05 AC lot
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1351 B St
RETAIL STORES (PERSONAL SERVICES)

1351 B St, Elwood, IN 46036-1908

Value Estimation by Request
2,257 sqft 0.20 AC lot
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2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

$1,270,000
Estimated value
21,000 sqft 0.15 AC lot
View details
2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

Value Estimation by Request
2,000 sqft 0.12 AC lot
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2635 F St
MANUFACTURING (LIGHT)

2635 F St, Elwood, IN 46036-2658

Value Estimation by Request
16,216 sqft 0.15 AC lot
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1530 A St
COMMERCIAL (GENERAL)

1530 A St, Elwood, IN 46036-2007

Value Estimation by Request
2,076 sqft 0.01 AC lot
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517 Anderson St
PARKING LOT

517 Anderson St, Elwood, IN 46036-1293

Value Estimation by Request
0.24 AC lot
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527 Anderson St
OFFICE (GENERAL)

527 Anderson St, Elwood, IN 46036

Value Estimation by Request
8,100 sqft 0.04 AC lot
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220 16th St
COMMERCIAL (GENERAL)

220 16th St, Elwood, IN 46036-2005

Value Estimation by Request
3,631 sqft 0.60 AC lot
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405 Anderson St
RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

Value Estimation by Request
0.16 AC lot
View details
2311 F St
COMMERCIAL (GENERAL)

2311 F St, Elwood, IN 46036-1354

Value Estimation by Request
0.16 AC lot
View details
317 Anderson St
COMMERCIAL (GENERAL)

317 Anderson St, Elwood, IN 46036-2018

Value Estimation by Request
13,892 sqft 0.19 AC lot
View details
7768 State Rd 28
SHOW ROOM, WAREHOUSE

7768 State Rd 28, Elwood, IN 46036-8968

$565,000
Estimated value
5,500 sqft 3.95 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 4 active listings on our real estate platform. These investment opportunities span a total of 1,554,708 square feet of properties for sale, with an estimated market value of $700,000.

Sale prices for business properties in Elwood, IN average $700,000 — 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%

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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