1516 Main St, Elwood, IN 46036
- Mixed-use properties
- 4,907 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 1516 Main St
- Year built
- 1895
- Property type
- Mixed-use properties
- Property subtype
- Retail properties & Spaces
Description
Investor's Dream Opportunity! Calling all savvy investors! This 4,907 sq. ft. commercial property is a blank canvas with immense potential. Previously utilized as a laundry cleaner and U-Haul truck rental, this property offers plenty of possibilities for redevelopment or multi-use purposes. Versat ... ile Layout: The 2,729 sq. ft. downstairs can be subdivided to fit your vision, while the upstairs space was being designed for two studio apartments, adding rental income potential. City Incentives: There is POTENTIAL for a tax abatement through the city-an added financial boost for your investment. Important Note: This is a highly distressed property requiring immediate attention, including a new roof and renovations throughout. Includes asphalt parking lot! Serious investors who can see the opportunity beneath the surface, this one's for you! Don't miss your chance to turn this fixer-upper into a profitable venture. Schedule your showing today! Serious inquiries only.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Elwood
- County
- Madison
- State
- Indiana
- Longitude
- -85.8410316
- Latitude
- 40.2771611
