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Elwood, IN

Retail

Elwood, IN Retail Properties & Spaces for Sale

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Frankton, IN Tipton, IN Windfall, IN Alexandria, IN Anderson, IN Greentown, IN Summitville, IN Arcadia, IN

6 properties

Two-Story Mixed-Use Building

Updated: Oct 5

Two-Story Mixed-Use Building

1530 S A Street, Elwood, IN 46036

$159,700

0.02 AC lot

Two‑story layout with ground‑floor retail and an upstairs apartment
Retail suite includes a storage room and restroom
Apartment has a living room, bedroom, bath, and appliance‑equipped kitchen
Both units have one‑year leases; electric service is separate
1890 construction on a 0.02‑acre site

Mixed-Use Building with Garage

Updated: Oct 19

Mixed-Use Building with Garage

2032 South J Street, Elwood, IN 46036

$500,000

7,492 sqft

7,492 SF building with office and retail space
Multiple private rooms in an adaptable layout
Detached garage
South of Downtown Elwood, with access to SR 13 and SR 28
Near retail, dining, services, and community amenities

Three-Level Storefront Building

Three-Level Storefront Building

114 S Anderson Street, Elwood, IN 46036

$164,900

4,884 sqft

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

See hot listings in Elwood

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Adaptable Storefront Property

Adaptable Storefront Property

1534 Main St, Elwood, IN 46036

$65,000

8,712 sqft

Main Street commercial building suited to retail, office, or service operations.

Commercial Storefront Property

Commercial Storefront Property

1530 S A Street, Elwood, IN 46036

$159,700

Commercial zoning and central air serve this Elwood storefront property.

Dollar General Market Grocery Store

Dollar General Market Grocery Store

1900 S Anderson St, Elwood, IN 46036

Contact for pricing

24,341 sqft

Double-sized Dollar General Market concept combines full-service grocery offerings with a Dollar General store.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Downtown Storefront Property

Downtown Storefront Property

226 Pendleton Avenue, Lapel, IN 46051

$245,000

1,770 sqft 0.13 AC lot

C2 zoning supports retail, office, restaurant, and service-oriented commercial uses.

Three-Chair Hair Salon

Three-Chair Hair Salon

25 W 9th St, Lapel, IN 46051

$124,900

472 sqft

The salon’s three-chair setup supports an established chair-rental arrangement.

Bank Building With Drive-Through

Bank Building With Drive-Through

525 E Hartman Road, Anderson, IN 46012

$270,000

1.35 AC lot

The standalone building has B-1 zoning and a drive-through canopy.

Mixed-Use Building with Multiple Bays

Mixed-Use Building with Multiple Bays

5982 W State Road 32, Anderson, IN 46011

$875,000

1.66 AC lot

Commercial zoning, vehicle-service space, and upper-level living quarters create a flexible existing configuration.

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.

Commercial Lot with Concrete Slab

Commercial Lot with Concrete Slab

N Sr 9, Anderson, IN 46012

$89,999

0.84 AC lot

Commercially zoned parcel with an existing concrete slab and parking capacity for a substantial vehicle count.

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.

B-3 Commercial Land Assemblage

B-3 Commercial Land Assemblage

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000

21.55 AC lot

Four parcels offer separate acquisition options with natural gas availability and public sewer service.

Commercial Land Along State Road

Commercial Land Along State Road

Sr 9, Anderson, IN 46012

$91,000

0.86 AC lot

General Commercial-zoned lot with an existing sign lease and the ability to expand into adjacent space.

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

Estimated value:

$275,000

2,205 sqft 0.33 AC lot

1351 B St

RETAIL STORES (PERSONAL SERVICES)

1351 B St, Elwood, IN 46036-1908

Estimated value:

$190,000

2,257 sqft 0.20 AC lot

517 Anderson St

PARKING LOT

517 Anderson St, Elwood, IN 46036-1293

Estimated value:

$260,000

0.24 AC lot

405 Anderson St

RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

Estimated value:

$235,000

0.16 AC lot

7768 State Rd 28

SHOW ROOM, WAREHOUSE

7768 State Rd 28, Elwood, IN 46036-8968

Estimated value:

$285,000

5,500 sqft 3.95 AC lot

7649 State Rd 28

RETAIL STORES (PERSONAL SERVICES)

7649 State Rd 28, Elwood, IN 46036-8967

Estimated value:

$290,000

6,050 sqft 1.00 AC lot

405 Anderson St

RESTAURANT

405 Anderson St, Elwood, IN 46036-1526

Estimated value:

$255,000

0.18 AC lot

2205 Main St

RETAIL STORES (PERSONAL SERVICES)

2205 Main St, Elwood, IN 46036-2162

Estimated value:

$265,000

3,288 sqft 0.05 AC lot

202 12th S Anderson St

RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:

$540,000

32,208 sqft 0.20 AC lot

2821 A St

RETAIL STORES (PERSONAL SERVICES)

2821 A St, Elwood, IN 46036-2222

Estimated value:

$190,000

1,472 sqft 0.14 AC lot

1906 R St

AUTO REPAIR, GARAGE

1906 R St, Elwood, IN 46036-3347

Estimated value:

$90,000

4,600 sqft 0.12 AC lot

7900 State Rd 28

RETAIL STORES (PERSONAL SERVICES)

7900 State Rd 28, Elwood, IN 46036-9205

Estimated value:

$490,000

9,100 sqft 1.31 AC lot

1523 F St

RETAIL STORES (PERSONAL SERVICES)

1523 F St, Elwood, IN 46036-2306

Estimated value:

$155,000

1,400 sqft 0.20 AC lot

9033 1000th N

RETAIL STORES (PERSONAL SERVICES)

9033 1000th N, Elwood, IN 46036-8858

Estimated value:

$260,000

2,304 sqft 0.40 AC lot

322 Anderson St

AUTO REPAIR, GARAGE

322 Anderson St, Elwood, IN 46036

Estimated value:

$135,000

1,753 sqft 0.13 AC lot

325 Anderson St

CONVENIENCE STORE

325 Anderson St, Elwood, IN 46036-1524

Estimated value:

$65,000

312 sqft 0.07 AC lot

1444 A St

RETAIL STORES (PERSONAL SERVICES)

1444 A St, Elwood, IN 46036-1903

Estimated value:

$270,000

1,920 sqft 0.20 AC lot

7374 State Rd 28

SHOPPING CENTER, STRIP CENTER

7374 State Rd 28, Elwood, IN 46036-8964

Estimated value:

$295,000

3,840 sqft 0.49 AC lot

Elwood, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Elwood, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 45,429 square feet of properties for sale, with an estimated market value of $1,049,300.

Sale prices for stores in Elwood, IN start at $65,000, averaging $209,860, and reaching up to $500,000 — 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

Demographics Overview

Population 11K

Population Growth (5Y) -5.4%

Median Household Income $59,082

College Educated 14.2%

High-Yield Neighborhoods for Investment

Identify Elwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46036	$65K

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)

How Realmo verifies these figures

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