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    Elwood, IN
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    Elwood, IN Retail Properties & Spaces for Lease

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    Strip Mall Retail Space
    Updated: Apr 29, 2025
    Strip Mall Retail Space

    1515 S State Road 37, Elwood, IN 46036

    $14 SF/Yr
    8.28 AC lot
    Direct frontage along State Road 37 in Elwood
    Part of an 8.28‑acre commercial property
    Located across State Road 37 from large manufacturing facilities
    Cardinal Square neighborhood shopping center setting
    Co‑tenancy includes Dollar Tree, Subway, and Needler's Fresh Market
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    Retail Space with Road Frontage
    Updated: Jul 21
    Retail Space with Road Frontage

    1515 S State Road 37, Elwood, IN 46036

    $14 SF/Yr
    4,020 sqft
    4,020‑square‑foot retail space at 1515 S State Road 37, Elwood, IN 46036
    Direct frontage along State Road 37
    Located in Cardinal Square neighborhood center
    National co‑tenants include Dollar Tree, Subway, and Needler’s Fresh Market
    Large manufacturing facilities located directly across State Road 37
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    Former Big-Box Retail Building
    Former Big-Box Retail Building

    1519 S STATE RD 37, Elwood, IN 46036

    Contact for pricing
    52,577 sqft

    Large former Kmart retail building with nearly column-free clear span, full-glass storefronts, and multiple entry points.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Elwood, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 4 Properties for Sales.

    Retail properties & Spaces for Lease in Nearby Cities

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

    Retail Space with Loading Dock
    Retail Space with Loading Dock

    852-858 E Jefferson St, Tipton, IN 46072

    $8,072/Mo
    32,024 sqft

    Open-plan commercial space with on-site parking and nearby national and regional retail anchors.

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    Open-Plan Retail Space
    Open-Plan Retail Space

    852-858 E Jefferson Street, Tipton, IN 46072

    $8,072/Mo
    2.80 AC lot

    Commercially zoned space includes on-site parking and a loading dock for retail or service operations.

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    Retail Space
    Retail Space

    202 N Harrison St, Alexandria, IN 46001

    Contact for pricing
    4,411 sqft

    Retail space available at 202 N Harrison St with 3,791 SF of available area.

    View details
    Retail Space on Park Avenue
    Retail Space on Park Avenue

    1111 N Park Ave, Alexandria, IN 46001

    Contact for pricing

    Retail space available on a major thoroughfare.

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    Similar Spaces for Sale in Elwood, IN

    Consider Similar Space for Sale. We found 4 Spaces matching your search parameters.

    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.

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    Adaptable Storefront Property
    Adaptable Storefront Property

    1534 Main St, Elwood, IN 46036

    $65,000

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

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    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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    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

    Elwood, IN Retail properties & Spaces Lease Rates & Market Statistics

    Browse 3 Retail properties & Spaces for lease in Elwood, IN on Realmo, a commercial real estate marketplace serving the Elwood area. The current inventory totals 56,597 square feet of properties.

    Retail properties & Spaces lease rates in Elwood range from $14 SF/Yr at the entry level to $14 SF/Yr at the top of the market, averaging $14 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14 SF/Yr, the local average runs 19% below Indiana's state average of $17.31 SF/Yr.

    Elwood accounts for 8% of the 40 retail properties & spaces currently available across Madison County, where nearby markets include Anderson and Chesterfield.

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