Shopping Center

Elwood, IN Shopping Centers for Sale

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Net-Leased Retail Shopping Center
Updated: Apr 10
Net-Leased Retail Shopping Center

7408 W. State Road 28 (Main St.), Elwood, IN 46036

Contact for pricing
Retail shopping center for sale with net leases
Anchored by St. Vincent Hospital
Tenant mix includes Pizza Hut, Anytime Fitness, Dream Nails, Health 1st, and Asian 1
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Elwood, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

Neighborhood Shopping Center Storefronts
Neighborhood Shopping Center Storefronts

2401-2409 Broadway Street, Anderson, IN 46012

$375,000
0.64 AC lot

Neighborhood shopping center with multiple storefront units, including two occupied leases and two vacant spaces ready for updating.

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Modern Retail Center in Indianapolis
Modern Retail Center in Indianapolis

8220 E 106th St, Indianapolis, IN 46256

$5,250,000
12,277 sqft

Stabilized retail center in a high-growth Indianapolis submarket.

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University-Adjacent Retail Strip Center
University-Adjacent Retail Strip Center

1915 University Boulevard, Anderson, IN 46012

$950,000
2.42 AC lot

Retail strip center with strong boulevard visibility and convenient I-69 access for everyday customer traffic.

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Signalized Corner Retail Center
Signalized Corner Retail Center

11625-11715 Fox Road, Indianapolis, IN 46236

$14,600,000

Signalized corner retail center with pylon signage and ample parking in an affluent Geist trade area.

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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.

Zoned Neighborhood Shopping Center Parcels
Zoned Neighborhood Shopping Center Parcels

241 N Scatterfield Road, Anderson, IN 46012

$2,700,000
21.55 AC lot

Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

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B-3 Zoned Commercial Land Parcel
B-3 Zoned Commercial Land Parcel

University Boulevard, Anderson, IN 46012

$812,000
8.12 AC lot

8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

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Commercial Development Land with Garage
Commercial Development Land with Garage

4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

$200,000
1.80 AC lot

1.8-acre corner parcel in Muncie includes a garage and good frontage near a retail shopping center.

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I-70 Visible Commercial Land
I-70 Visible Commercial Land

787 Highland Rd. Lot 1, Richmond, IN 47374

$1,374,500
10.00 AC lot

Commercial development site with I-70 visibility and frontage near major employment and retail destinations in Richmond.

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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.

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
7374 State Rd 28
SHOPPING CENTER, STRIP CENTER

7374 State Rd 28, Elwood, IN 46036-8964

Value Estimation by Request
3,840 sqft 0.88 AC lot
View details
7811 State Rd 28
WHOLESALE OUTLET, DISCOUNT STORE

7811 State Rd 28, Elwood, IN 46036-9746

$700,000
Estimated value
6,600 sqft 1.87 AC lot
View details
1519 State Rd 37
WHOLESALE OUTLET, DISCOUNT STORE

1519 State Rd 37, Elwood, IN 46036-3119

$3,950,000
Estimated value
52,577 sqft 5.74 AC lot
View details
7609 State Rd 28
WHOLESALE OUTLET, DISCOUNT STORE

7609 State Rd 28, Elwood, IN 46036-8967

$585,000
Estimated value
5,536 sqft 2.00 AC lot
View details
1436 Main St
WHOLESALE OUTLET, DISCOUNT STORE

1436 Main St, Elwood, IN 46036

$1,335,000
Estimated value
12,998 sqft 1.86 AC lot
View details

Elwood, IN Shopping Centers Market Trends and Statistics

Explore 8 shopping centers for sale in Elwood, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for plazas in Elwood, IN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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