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    Elwood, IN
    Flex Space

    Elwood, IN Flex Space for Sale

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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‑foot ground level with four rooms
    Largest ground‑level room measures 82x46
    Upper floor includes 3 offices and 2 bathrooms
    Several older sliding‑rail dock doors
    C/I zoning on a 0.16‑acre property
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Commercial Office and Industrial Flex
    Commercial Office and Industrial Flex

    5422 State Road 9, Anderson, IN 46012

    $1,300,000
    5,500 sqft 13.00 AC lot

    Flex-style property with a main office, unfinished upper expansion space, and a large attached garage with six overhead doors.

    View details
    Corporate Office with Production Space
    Corporate Office with Production Space

    9401 Innovation Drive, Daleville, IN 47344

    $2,400,000
    2.58 AC lot

    Large office property with light production, storage, café, and separately leasable areas.

    View details
    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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    Corporate Office with Light Production
    Corporate Office with Light Production

    9401 Innovation Drive Suite 400, Daleville, IN 47344

    Contact for pricing
    86,000 sqft

    Freestanding corporate office with a dedicated light production area, extensively remodeled and expanded, delivered vacant for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Parcel with Concrete Improvements
    Commercial Land Parcel with Concrete Improvements

    2900 N Walnut Street, Muncie, IN 47303

    $399,000
    4.91 AC lot

    Commercially zoned 4.91-acre parcel with substantial road frontage, fenced area, and existing concrete improvements.

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    Industrial Land Redevelopment Site
    Industrial Land Redevelopment Site

    1744 S County Road 1050 E, Indianapolis, IN 46231

    $650,000
    4.24 AC lot

    Industrial land zoned Ag and Light Industrial, outside the floodplain, with utilities on or near site and redevelopment potential.

    View details
    Light Industrial Development Land
    Light Industrial Development Land

    850 N, Ossian, IN 46777

    $203,500
    8.14 AC lot

    8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    6201 S Co Rd 25A, Tipp City, OH 45371

    $1,895,000
    36.43 AC lot

    Flat commercial land with Office Services and Business Use zoning, public utilities, and access to major regional transportation routes.

    View details

    Elwood, IN Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Elwood, IN on our real estate platform.

    Sale prices for business spaces in Elwood, IN average $39,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Manufacturing properties 1

    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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