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1515 S A St 24,000 SF 100% Leased Flex Building Elwood, IN 46036 For Sale

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EXECUTIVE SUMMARY

Versatile ±12,000 SF building in the heart of Elwood, just a block southeast of Anderson & Main. The front features a ±4,000 SF bar/restaurant setup (with an optional ±2,000 SF expansion), plus a separate ±2,000 SF street-facing retail/office suite. A ±6,000 SF rear space provides additional open, adaptable area for storage, production, studio, or indoor service uses. Perfect for an owner-occupant seeking supplemental income or a value-add investor re-tenanting the suites. High visibility, flexible floor plans, and multiple access points. Some updates are needed prior to occupancy—reflected in pricing. Please contact Josie Lavey or Jeff Norris for sale details and showings.

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 0.38 AC
Rentable Building Area 24,000 SF
No. Stories 2
Year Built 1908
Zoning B2 - Central Business District: Retail business; Eating and drinking establishments; Offices and banks; Personal and professional services;

AMENITIES

  • Signage

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Gig Hall
  • -
  • -
  • -
  • -
  • Heaven Sent Home Healthcare-Elwd
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Ritchie Finishes
  • Construction
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Gig Hall - - - -
Heaven Sent Home Healthcare-Elwd Health Care and Social Assistance - - -
Ritchie Finishes Construction - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-04-15-202-033.000-027
Land Assessment
$26,780 CAD
Improvements Assessment
$212,410 CAD
Total Assessment
$239,190 CAD
  • Listing ID: 37690685

  • Date on Market: 2025-09-16

  • Last Updated:

  • Address: 1515 S A St, Elwood, IN 46036

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