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    1535 S A St Elwood, IN 46036

    New
    For Sale
    $175,000

    Retail - Elwood, IN

    Type:Retail
    Property size:
    1,728 SF
    Lot size:
    0.06 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 1535 S A St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Zoning
    B-2
    APN
    480415202035000027
    Size
    1,728 SF
    Lot size
    0.06 Acres

    Building Details

    Architectural style
    Other

    Epique Realty (888) 893-3537 [email protected]

    Listing agent Craig Hartwick (888) 893-3537 License #RB20000794

    Listing date Dec 10, 2025

    MLS# 22076359 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity in Elwood

    Located at 1535 S A St in Elwood, Indiana, this commercial property presents an opportunity for various business ventures. Currently operating as Tasty Burger, a local restaurant, the property is suitable for continuing the existing concept or implementing a new vision. The property is zoned B-2. The building has an adaptable layout that lends itself to alternative uses, such as a coffee shop, cafe, retail store, or specialty food concept. The listing includes the building, all restaurant equipment, inventory, and the current menu. Currently operating for lunch from 11 AM to 3 PM, there is potential to expand hours to include breakfast, dinner, or late-night service. The lot size is 0.06 acres and the property size is 1728 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lil Miss Holly Qs

    Location Insight

    • Map
    • Local Demand
    City
    Elwood
    County
    Madison
    State
    Indiana
    Longitude
    -85.840384
    Latitude
    40.275857

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant with equipment, inventory, and menu included.
    Where is this restaurant located?
    The property is located at 1535 S A St Elwood, IN.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Turnkey restaurant opportunity including building, equipment, inventory, and menu.; - Adaptable layout suitable for various business concepts (restaurant, cafe, retail, etc.).; - Prime location in Elwood at an established address.
    (888) 893-3537
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    Elwood, IN 46036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1535 S A St Elwood, IN 46036
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