1516 Main Street, Elwood, IN 46036

Business
THB ฿1,690,013
USD $49,500
Published on: 06 Feb 2024
Last updated on: 25 Jan 2025
1516 Main Street, Elwood, IN 46036
1516 Main Street, Elwood, IN 46036
1516 Main Street, Elwood, IN 46036
+30
1516 Main Street, Elwood, IN 46036
  • 30
Property ID: 110089793545
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Business - Elwood, IN

1516 Main Street, Elwood, IN 46036
Investor's Dream Opportunity!  Calling all savvy investors! This 4,907 sq. ft. commercial property is a blank canvas with immense potential. Previously utilized as a laundry cleaner and U-Haul truck rental, this property offers plenty of possibilities for redevelopment or multi-use purposes.  Versatile Layout: The 2,729 sq. ft. downstairs can be subdivided to fit your vision, while the upstairs space was being designed for two studio apartments, adding rental income potential.  City Incentives: There is POTENTIAL for a tax abatement through the city-an added financial boost for your investment.  Important Note: This is a highly distressed property requiring immediate attention, including a new roof and renovations throughout. Includes asphalt parking lot! Serious investors who can see the opportunity beneath the surface, this one's for you!   Don't miss your chance to turn this fixer-upper into a profitable venture. Schedule your showing today!     Serious inquiries only.

Property Details

Basic Info

Property Type
Business
Listing Status
Active
Land Size
647.50 m2
Building Size
455.88 m2
Year Built
1895
Architecture Style
Other
County
Madison
Parcel ID
480410303038000027
Provider
MIBOR Service Corporation
Brokerage Office Name
Highgarden Real Estate
Brokerage Office Phone
(317) 280-4663
Neighbourhoods
4804 - Madison - Pipe Creek
Address
1516 Main Street, Elwood, IN 46036

Nearby Schools

TypeSchool nameDistrict name
ElementaryElwood Elementary SchoolNot available
Not availableNot availableNot available
Contact Agent
Albert Stancato
Highgarden Real Estate
Keystone Crossing Ste 170, Indianapolis, IN 46240
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Albert Stancato
Keystone Crossing Ste 170, Indianapolis, IN 46240
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      Property ID: 110089793545

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