Storefront

Elwood, IN Storefront Properties for Lease

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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
Updated: Jul 10
Former Big-Box Retail Building

1519 S STATE RD 37, Elwood, IN 46036

Contact for pricing
52,577 sqft
Former Kmart retail building with 52,577 SF total area (clear‑span, nearly column‑free interior)
Year built 1972
Full‑glass storefronts and multiple entry points for multi‑tenant division or flexible layouts
Anchored on State Road 37 just south of the SR 13 junction
Large lighted parking field and towering roadside pylon
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Elwood, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 1 Properties for Sales.

Storefront properties 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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Partially Renovated Retail Space
Partially Renovated Retail Space

902 S Scatterfield Road, Anderson, IN 46012

$2,000/Mo
0.49 AC lot

B-1-zoned suite offered for retail, office, or restaurant occupancy.

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Retail Space with Proposed Outlots
Retail Space with Proposed Outlots

2547 Nichol Ave, Anderson, IN 46011

Contact for pricing
7,500 sqft

Existing retail space with additional outlot plans and scheduled site enhancements.

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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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Similar Spaces for Sale in Elwood, IN

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

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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Elwood, IN Storefront properties Lease Rates & Market Statistics

Browse 2 Storefront properties 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.

Storefront properties 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 5% below Indiana's state average of $14.76 SF/Yr.

Elwood accounts for 29% of the 7 storefront properties currently available across Madison County, where nearby markets include Anderson and Chesterfield. Storefront properties are one of the more limited space types in Elwood, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.

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