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Large Retail Building - 13,798 Sf., 1/2 Acre 101 S Anderson St 13,798 SF 100% Leased Retail Building Elwood, IN 46036 $1,032,819 CAD ($74.85 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • City of Elwood Will Consider Tax Abatement
  • Center / Anchor Location For City of Elwood

EXECUTIVE SUMMARY

Seller Financing Available!
Discover an exceptional opportunity to own this versatile 13,798 sq. ft. two-level property, perfectly positioned in downtown Elwood at the high-visibility intersection of State Road 13 (North Anderson St.) and State Road 28 (Main Street). This prime location is ideal for a wide range of uses, including: Gas Station, Convenience Store, Church or place of worship, Restaurant or bar,
School with daycare facilities, Event center or banquet hall.
Property Details:
Upper Level: Approximately 7,000 sq. ft. of open, adaptable space.
Basement Level: Additional 7,000 sq. ft., perfect for storage, offices, or other creative uses.
Zoning Info: For detailed zoning regulations, please refer to the attached document.
Additional Highlights:
Tax Abatement Potential: The City of Elwood is open to considering tax abatement for this property—an incredible opportunity for future savings.
Virtual Tour: Get an inside look here: Virtual Tour.
Important Notes: Closing Costs: Buyers are responsible for all closing costs and taxes at closing. Please account for these expenses when submitting your offer.
Flexible Financing: Seller financing is available to make this property even more accessible for the right buyer.
Don’t miss out on this one-of-a-kind property with endless potential. Schedule your showing today and envision the possibilities! Serious inquiries only.

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Conditions
Distress Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,798 SF
Building Class
C
Year Built
1960
Price
$1,032,819 CAD
Price Per SF
$74.85 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.42
Lot Size
0.76 AC
Zoning
B2 - See Zoning Use Table Attached
Parking
14 Spaces (1.01 Spaces per 1,000 SF Leased)
Frontage
79’ on S Anderson St

AMENITIES

  • Banking
  • Conferencing Facility
  • Corner Lot
  • Restaurant
  • Signage
  • Drive Thru
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 48-04-15-202-088.000-027
  • 48-04-15-202-054.000-027
  • 48-04-15-202-057.000-027
Land Assessment
$69,245 CAD
Improvements Assessment
$705,750 CAD
Total Assessment
$774,996 CAD
  • Listing ID: 29575773

  • Date on Market: 2023-09-21

  • Last Updated:

  • Address: 101 S Anderson St, Elwood, IN 46036

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