1601 Main St Elwood, IN 46036
- Office Properties & Spaces
- 24,870 SF
- 0.40 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1601 Main St
- Year built
- 1900
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.40 lot acres
- Property size
- 24,870 SF
- Property type
- Office Properties & Spaces
- APN
- 48-04-15-202-087.000-027
- APU
- 480415202087000027
Description
This impressive three-story building, situated at 1601 Main Street in Elwood, Indiana, offers a substantial 24,870 square feet of space on a 0.4-acre lot. Located in the heart of downtown Elwood, Madison County, this historic structure boasts a wealth of character and unique features. The building includes a full basement and attached garages, providing ample storage and potential for expansion. The interior features educational rooms, offices, and a notable stage on the third floor, suggesting a rich history of diverse uses. While currently utilized for storage, the building's versatile layout presents numerous possibilities for redevelopment. Its size and central location make it ideal for a variety of commercial ventures. The potential for grants and incentives may be available to qualified buyers, further enhancing the investment opportunity. This property represents a rare chance to acquire a significant piece of Elwood's history and transform it into a thriving commercial space. The building's substantial square footage, coupled with its prime downtown location and unique features, makes it a compelling investment prospect. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $275,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elwood
- County
- Madison
- State
- Indiana
- Longitude
- -85.8398
- Latitude
- 40.2767
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
