Building Details

Building Size 4,884 SF

Stories 3

Listing Agency: Batts Real Estate Group

Listed By: Lisa Batts Show Phone

Source: Battsrealestategroup

Added: Dec 10, 2025 Changed: Oct 22 Last Checked: Oct 23 at 9:57PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Batts Real Estate Group

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Investment Insights

Based on property information with market context.

This historic, 4,884-square-foot commercial building at 114 S Anderson Street has three levels. The ground floor retains a coffee shop and bar configuration, while the middle floor offers storage or small-office areas. A broad, open room with hardwood floors occupies the top level.

The property is in downtown Elwood, Indiana, and is zoned commercial. Its existing ground-floor setup and distinct upper-level spaces provide a mix of retail, storage, and office areas within one building.

Key Highlights

• 4,884 square feet across three levels
• Ground floor retains a coffee shop and bar setup
• Middle floor has storage areas or small offices

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

5k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 40%

Papa John's Pizza Dining

3,227 visits/mo 0.1 miles

Village Pantry Shops & Services

2,143 visits/mo 0.2 miles

Demographics for 46036, IN

11,247

Population

5,284

Households

2.1

Avg Household Size

44

Median Age

10%

College-Educated

92%

High-School Grad

80.3 sq mi

ZIP Area

140

Density / Sq Mi

$59,082

Median Household Income

$39,022

Median Earnings

$841

Median Rent

$108,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercial zoning and an intact coffee shop and bar setup serve the ground floor.

Where is this storefront property located?

The property is located at 114 S Anderson Street Elwood, IN.

What is the asking price?

The asking price for this property is $164,900.

What are key features of this property?

This property features: 4,884 square feet across three levels; Ground floor retains a coffee shop and bar setup; Middle floor has storage areas or small offices