1515 S 19th St - Medical FOR SALE


Elwood, IN 46036
$349,900 USD
765-227-2598
1515 S 19th St, Elwood, IN for Sale
$349,900 USD
Medical - FOR SALE
1/22
null | Request Cap Rate

1515 S 19th St
Elwood, IN 46036


HIGHLIGHTS

  • Turnkey medical office space with prime zoning, ideal for healthcare professionals, urgent care, specialty clinics, or outpatient services.
  • Fully built-out with a functional design, featuring recently updated interiors, ADA-compliant access, and medical-grade finishes throughout.
  • Situated near residential neighborhoods, schools, and other professional services, with strong visibility and easy access from State Road 13.
  • Benefit from an easily accessible site and ample on-site parking to ensure convenience for staff and patients alike.

OVERVIEW

Step into a turnkey medical office opportunity in the heart of Elwood, Indiana, strategically situated at 1515 S 19th Street. This well-maintained, 11,421-square-foot property features a brand new commercial roof installed in 2024 and is ideally suited for healthcare professionals seeking a functional, accessible, and professional space to serve a growing community. Located just off State Road 13, 1515 S 19th Street presents a ready-to-occupy medical office space ideal for healthcare professionals, urgent care, specialty clinics, or outpatient services. The building comprises a functional and efficient medical build-out across two floors, including multiple private exam rooms, a reception and large waiting area, administrative offices and consultation rooms, nurse stations, storage, and restrooms. Additional benefits include ADA-compliant entry and patient access, along with HVAC and utility systems suited for medical operations. All utilities are into the property. 1515 S 19th Street provides ample on-site parking, resurfaced and striped with 54 spaces for staff and patients, positioned within a growing residential service corridor. Positioned within a growing residential and service corridor, the property offers excellent visibility and accessibility, just minutes from local schools, neighborhoods, and other healthcare providers. 1515 S 19th Street sits minutes from major area thoroughfares, Main Street/Route 28 and State Route 37. Whether expanding a practice or establishing a new footprint in Madison County, this property provides the infrastructure and location to support long-term growth.

FOR SALE DETAILS

PRICE

$349,900 USD

PRICE/SF

$31 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Bank, Freestanding, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

D2-N

APN/PARCEL ID

48-04-15-304-029.000-027,48-04-15-304-030.000-027,48-04-15-304-031.000-027,48-04-15-304-032.000-027,48-04-15-304-033.000-027

ASK ABOUT THIS PROPERTY

Christina BoylandRhodes Realty, LLCMore Info
765-227-2598

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Christina BoylandRhodes Realty, LLCMore Info
765-227-2598

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.