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Elwood, IN Retail Properties & Spaces for Sale

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Dollar General Market Grocery Store
Updated: Feb 17
Dollar General Market Grocery Store

1900 S Anderson St, Elwood, IN 46036

$3,987,470
24,341 sqft
Double‑sized Dollar General Market concept combining full‑service grocery offerings with a Dollar General store
Placer.ai reports the Elwood store ranks #1 performing DG store in Indiana and in the top 90% nationally
DG proposed a 10‑year renewal prior to the start of its second renewal option period
DG will install a brand‑new HVAC system at its own expense in 2026
Elwood is about 15 minutes east of Interstate 69
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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Operating Retail Storefront
Operating Retail Storefront

2902 Broadway Street, Anderson, IN 46012

$550,000
3,022 sqft

For sale operating retail storefront with a current lease in place through May 2032.

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Renovated Multifamily with Retail
Renovated Multifamily with Retail

112 South Harrison Street, Alexandria, IN 46001

$499,000
10,200 sqft

Renovated 1999 multifamily includes 10 apartments plus two commercial spaces, including a salon and a three-bay shop.

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Multi-Use Gas Station Retail Building
Multi-Use Gas Station Retail Building

5982 W State Road 32, Anderson, IN 46011

$875,000
1.66 AC lot

Former gas station building with multiple bays, retail flex space, and upstairs living on two parcels.

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Storefront Retail Property
Storefront Retail Property

212 N Canal Street, Alexandria, IN 46001

Contact for pricing
0.07 AC lot

Small storefront retail property available for sale, listed as an investor special and ready for new ownership decisions.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Annexed Development Land
Annexed Development Land

1030 E Jefferson Street, Tipton, IN 46072

$450,000
10.00 AC lot

Recently annexed Tipton land offering flexibility for multi-family and commercial development plans.

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Commercial Development Land
Commercial Development Land

1130 E jefferson Highway, Tipton, IN 46072

$450,000
10.00 AC lot

Annexed commercial land with up to 10 acres available across multiple parcels near US 31 access.

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Commercial Lot with Concrete Slab
Commercial Lot with Concrete Slab

N Sr 9, Anderson, IN 46012

$89,999
0.84 AC lot

Commercially zoned lot on State Road 9 with a 1,000 sq ft concrete slab and existing sign lease income.

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Downtown Anderson Parking Lot For Sale
Downtown Anderson Parking Lot For Sale

Meridian Street, Anderson, IN 46016

$85,000
0.24 AC lot

32-space parking lot in downtown Anderson, near courthouse.

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Off-Market Properties in Elwood, IN

Consider similar Off-Market properties in Elwood, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1912 Main St
RETAIL STORES (PERSONAL SERVICES)

1912 Main St, Elwood, IN 46036-2002

Value Estimation by Request
2,205 sqft 0.33 AC lot
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1351 B St
RETAIL STORES (PERSONAL SERVICES)

1351 B St, Elwood, IN 46036-1908

Value Estimation by Request
2,257 sqft 0.20 AC lot
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517 Anderson St
PARKING LOT

517 Anderson St, Elwood, IN 46036-1293

Value Estimation by Request
0.24 AC lot
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405 Anderson St
RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

Value Estimation by Request
0.16 AC lot
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7768 State Rd 28
SHOW ROOM, WAREHOUSE

7768 State Rd 28, Elwood, IN 46036-8968

$565,000
Estimated value
5,500 sqft 3.95 AC lot
View details
7649 State Rd 28
RETAIL STORES (PERSONAL SERVICES)

7649 State Rd 28, Elwood, IN 46036-8967

Value Estimation by Request
6,050 sqft 1.00 AC lot
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405 Anderson St
RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

Value Estimation by Request
0.18 AC lot
View details
2205 Main St
RETAIL STORES (PERSONAL SERVICES)

2205 Main St, Elwood, IN 46036-2162

Value Estimation by Request
3,288 sqft 0.05 AC lot
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202 12th S Anderson St
RETAIL STORES (PERSONAL SERVICES)

202 12th S Anderson St, Elwood, IN 46036-2015

$785,000
Estimated value
32,208 sqft 0.20 AC lot
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2821 A St
RETAIL STORES (PERSONAL SERVICES)

2821 A St, Elwood, IN 46036-2222

Value Estimation by Request
1,472 sqft 0.14 AC lot
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1906 R St
AUTO REPAIR, GARAGE

1906 R St, Elwood, IN 46036-3347

Value Estimation by Request
4,600 sqft 0.12 AC lot
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7900 State Rd 28
RETAIL STORES (PERSONAL SERVICES)

7900 State Rd 28, Elwood, IN 46036-9205

$970,000
Estimated value
9,100 sqft 1.31 AC lot
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1523 F St
RETAIL STORES (PERSONAL SERVICES)

1523 F St, Elwood, IN 46036-2306

Value Estimation by Request
1,400 sqft 0.20 AC lot
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9033 1000th N
RETAIL STORES (PERSONAL SERVICES)

9033 1000th N, Elwood, IN 46036-8858

Value Estimation by Request
2,304 sqft 0.40 AC lot
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322 Anderson St
AUTO REPAIR, GARAGE

322 Anderson St, Elwood, IN 46036

Value Estimation by Request
1,753 sqft 0.13 AC lot
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325 Anderson St
CONVENIENCE STORE

325 Anderson St, Elwood, IN 46036-1524

Value Estimation by Request
312 sqft 0.07 AC lot
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1444 A St
RETAIL STORES (PERSONAL SERVICES)

1444 A St, Elwood, IN 46036-1903

Value Estimation by Request
1,920 sqft 0.20 AC lot
View details
7374 State Rd 28
SHOPPING CENTER, STRIP CENTER

7374 State Rd 28, Elwood, IN 46036-8964

Value Estimation by Request
3,840 sqft 0.49 AC lot
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7408 State Rd 28
SHOPPING CENTER, STRIP CENTER

7408 State Rd 28, Elwood, IN 46036-8600

$585,000
Estimated value
13,200 sqft 1.85 AC lot
View details
1500 Main St
RETAIL STORES (PERSONAL SERVICES)

1500 Main St, Elwood, IN 46036-2054

Value Estimation by Request
812 sqft 0.05 AC lot
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216 22nd St
RETAIL STORES (PERSONAL SERVICES)

216 22nd St, Elwood, IN 46036-2112

Value Estimation by Request
6,306 sqft 0.15 AC lot
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216 12th S 22nd St
PARKING LOT

216 12th S 22nd St, Elwood, IN 46036-2112

Value Estimation by Request
0.15 AC lot
View details
701 Anderson St
RETAIL STORES (PERSONAL SERVICES)

701 Anderson St, Elwood, IN 46036-2327

Value Estimation by Request
1,500 sqft 0.11 AC lot
View details

Elwood, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Elwood, IN on our real estate platform. These investment opportunities span a total of 24,341 square feet of properties for sale, with an estimated market value of $3,987,470.

Sale prices for stores in Elwood, IN start at $3,987,470, averaging $3,987,470, and reaching up to $3,987,470 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Grocery and convenience stores 1
Shopping centers 1
Storefront properties 1

Demographics Overview

Population 11K
Population Growth (5Y) -5.4%
Median Household Income $59,082
College Educated 14.2%

Taxes & Financing

Tax Rate (average for all types) 2.82%
Property Tax per SF $43.44 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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