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7874 E State Road 28 Elwood, IN 46036

For Sale
$350,000

Mixed Use - Elwood, IN

Type:Mixed Use
Property size:
8,120 SF
Lot size:
4.09 Acres
Days on Market:
53
Last Refresh:
Dec 7 at 11:06 pm

Property Features for 7874 E State Road 28

General Information

Property type
Commercial Sale
Property subtype
Mixed Use
Standard status
Active
Zoning
Commerical General
APN
800908400048000007
Size
8,120 SF
Lot size
4.09 Acres

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Year built
1900
Roof type
Asbestos Shingle, Metal, Shingle
Architectural style
Other

RE/MAX Real Estate Solutions (765) 640-1900 [email protected]

Listing agent Sky Estes (765) 640-1900 License #RB21001218

Listing date Oct 16, 2025

MLS# 22043983 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

Versatile Commercial Property on State Road

Located on State Road 28, this 4.09-acre commercial property offers high visibility and access. The property includes a main warehouse of approximately 6,900 square feet, featuring two entry doors, an office area, a loft, and storage space. The warehouse has a metal roof that is 2 years old. Additionally, there is a 1,200-square-foot office building that is fully heated and cooled, connected to city water and sewer, and currently occupied by an HVAC company. The office building also has a 2-year-old roof. The property includes a large paved parking lot and billboard rights, offering an opportunity for additional income. The total living area of both buildings is 8,120 square feet. The property is zoned Commerical General.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Department Store Kitchen & Bath Food Market

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

Location Insight

  • Map
  • Local Demand
City
Elwood
County
Madison
State
Indiana
Longitude
-85.8631
Latitude
40.277169

FAQs

What type of property is this?
Mixed-use property - 4.09 acres with warehouse, office, parking, and billboard rights.
Where is this mixed-use property located?
The property is located at 7874 E State Road 28 Elwood, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: - High-traffic location on State Road 28 with excellent visibility and access.; - 4.09 acres of prime, multi-purpose commercial property.; - Main warehouse (approx. 6,900 sq. ft.) with office, loft, and abundant storage.
More about this property
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