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    Elwood, IN
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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

    Contact for pricing
    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
    View details
    Adaptable Storefront Property
    Updated: Jul 31
    Adaptable Storefront Property

    1534 Main St, Elwood, IN 46036

    $65,000
    Storefront property on Main St
    Interior layout supports retail, office, or service use
    Convenient access to downtown Elwood
    Access to SR‑28
    Frontage along Main St
    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    1629 Main Street, Elwood, IN 46036

    Contact for pricing

    Two-level property includes commercial rooms, residential quarters, garages, side and rear parking, and immediate possession.

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    See what stands out in Madison County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Body Shop Building
    Body Shop Building

    1906 South R Street, Elwood, IN 46036

    Contact for pricing

    Commercial building with second-level storage and additional parcels included.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

    Standalone Bank Building with Drive-Thru
    Standalone Bank Building with Drive-Thru

    525 E Hartman Road, Anderson, IN 46012

    $270,000
    2,604 sqft

    Standalone former bank on a large corner lot with a drive-thru canopy and ample parking.

    View details
    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.

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    Freestanding Bank Building with Drive-Thru
    Freestanding Bank Building with Drive-Thru

    525 E Hartman Road, Anderson, IN 46012

    $270,000
    1.35 AC lot

    B-1-zoned corner property with a drive-thru canopy and flexible commercial use potential.

    View details
    Garden Center and Greenhouse Property
    Garden Center and Greenhouse Property

    3535 Alexandria Pike, Anderson, IN 46012

    $150,000
    1.23 AC lot

    Multiple greenhouse structures complement retail, shop, outdoor, and parking areas.

    View details

    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 Commercial Land
    Annexed Commercial Land

    1030 E Jefferson Street, Tipton, IN 46072

    $450,000
    10.00 AC lot

    City-annexed land with access to the US31 corridor and potential for commercial or multifamily development.

    View details
    Annexed Commercial Land
    Annexed Commercial Land

    1130 E jefferson Highway, Tipton, IN 46072

    $450,000
    10.00 AC lot

    Recently annexed land with access supported by US31 and flexibility across multiple parcels.

    View details
    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.

    View details
    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.

    View details

    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

    $275,000
    Estimated value
    2,205 sqft 0.33 AC lot
    View details
    1351 B St
    RETAIL STORES (PERSONAL SERVICES)

    1351 B St, Elwood, IN 46036-1908

    $190,000
    Estimated value
    2,257 sqft 0.20 AC lot
    View details
    517 Anderson St
    PARKING LOT

    517 Anderson St, Elwood, IN 46036-1293

    $260,000
    Estimated value
    0.24 AC lot
    View details
    405 Anderson St
    RESTAURANT

    405 Anderson St, Elwood, IN 46036-1526

    $235,000
    Estimated value
    0.16 AC lot
    View details
    7768 State Rd 28
    SHOW ROOM, WAREHOUSE

    7768 State Rd 28, Elwood, IN 46036-8968

    $285,000
    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

    $290,000
    Estimated value
    6,050 sqft 1.00 AC lot
    View details
    405 Anderson St
    RESTAURANT

    405 Anderson St, Elwood, IN 46036-1526

    $255,000
    Estimated value
    0.18 AC lot
    View details
    2205 Main St
    RETAIL STORES (PERSONAL SERVICES)

    2205 Main St, Elwood, IN 46036-2162

    $265,000
    Estimated value
    3,288 sqft 0.05 AC lot
    View details
    202 12th S Anderson St
    RETAIL STORES (PERSONAL SERVICES)

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

    $540,000
    Estimated value
    32,208 sqft 0.20 AC lot
    View details
    2821 A St
    RETAIL STORES (PERSONAL SERVICES)

    2821 A St, Elwood, IN 46036-2222

    $190,000
    Estimated value
    1,472 sqft 0.14 AC lot
    View details
    1906 R St
    AUTO REPAIR, GARAGE

    1906 R St, Elwood, IN 46036-3347

    $90,000
    Estimated value
    4,600 sqft 0.12 AC lot
    View details
    7900 State Rd 28
    RETAIL STORES (PERSONAL SERVICES)

    7900 State Rd 28, Elwood, IN 46036-9205

    $490,000
    Estimated value
    9,100 sqft 1.31 AC lot
    View details
    1523 F St
    RETAIL STORES (PERSONAL SERVICES)

    1523 F St, Elwood, IN 46036-2306

    $155,000
    Estimated value
    1,400 sqft 0.20 AC lot
    View details
    9033 1000th N
    RETAIL STORES (PERSONAL SERVICES)

    9033 1000th N, Elwood, IN 46036-8858

    $260,000
    Estimated value
    2,304 sqft 0.40 AC lot
    View details
    322 Anderson St
    AUTO REPAIR, GARAGE

    322 Anderson St, Elwood, IN 46036

    $135,000
    Estimated value
    1,753 sqft 0.13 AC lot
    View details
    325 Anderson St
    CONVENIENCE STORE

    325 Anderson St, Elwood, IN 46036-1524

    $65,000
    Estimated value
    312 sqft 0.07 AC lot
    View details
    1444 A St
    RETAIL STORES (PERSONAL SERVICES)

    1444 A St, Elwood, IN 46036-1903

    $270,000
    Estimated value
    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

    $295,000
    Estimated value
    3,840 sqft 0.49 AC lot
    View details
    7408 State Rd 28
    SHOPPING CENTER, STRIP CENTER

    7408 State Rd 28, Elwood, IN 46036-8600

    $535,000
    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

    $100,000
    Estimated value
    812 sqft 0.05 AC lot
    View details

    Elwood, IN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Elwood, IN, showcased through 4 active listings 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 $65,000.

    Sale prices for stores in Elwood, IN average $65,000 — 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

    Storefront properties 3
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    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)

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