Search
Two-Story Mixed-Use Property

1530 S A Street, Elwood, IN 46036

For Sale
$149,000

Commercial Sale, Elwood, IN

Property SizeContact for details
Lot Size0.02 Acres
Days on Market37

Property Features for 1530 S A Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school Elwood Elementary School
High school Elwood Jr-Sr High School
Elementary school district Elwood Community School Corp
Middle school district Elwood Community School Corp
High school district Elwood Community School Corp
Directions GPS Friendly
Subdivision 4804 - Madison - Pipe Creek
Standard status Active
APN 480415202068000027
Lot size 0.02 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components retail, residential

Taxes and HOA fees

Tax Year 2025
Tax Description Op Pt E Pt 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:
Tax Annual Amount 736
Legal Description Op Pt E Pt 0.0000Acres Str: 00000 Section: Plat: 00 In: Out:

Utilities

Heating system Other (Heating), Space Heater, Baseboard
Cooling system Central Air

Amenities

appliances
central air conditioning

Building Details

Year built 1890
Buildings 1
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Diana Dunham · License IN RB14040772
Added: Oct 5 Changed: Nov 5 Last Checked: Nov 10 at 12:06PM
MLS# 22128020

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story mixed-use building combines a ground-floor retail suite with an upper-level apartment. The retail area includes a storage room and restroom. Above it, the residence has a living room, bedroom, bathroom, and kitchen with appliances. Building features include a gas furnace and central air conditioning; the exterior has been repainted, and south-facing windows have been replaced.

Both spaces are leased on one-year agreements. Tenants cover gas and electric service, while water is paid by the landlord. The property occupies a 0.02-acre lot in downtown Elwood and is zoned Commercial.

Key Highlights

  • Two‑story building with ground‑floor retail and an upper‑level apartment
  • Retail space includes a storage room and restroom
  • Apartment has a living room, bedroom, bathroom, and appliance‑equipped kitchen

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 Law Firm Dental Office Nail Salon Spa & Massage Center Hair Salon

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

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 40%
Papa John's Pizza Dining
3,227 visits/mo 0.2 miles
Village Pantry Shops & Services
2,143 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail and an upstairs apartment are leased under separate one-year agreements.
Where is this mixed-use property located?
The property is located at 1530 S A Street Elwood, IN.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Two‑story building with ground‑floor retail and an upper‑level apartment; Retail space includes a storage room and restroom; Apartment has a living room, bedroom, bathroom, and appliance‑equipped kitchen
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved