317-590-3046
1515 S A St, Elwood, IN for Sale
Light Distribution - FOR SALE
1/12
null | Request Cap Rate

Oct '25


1515 S A St
Elwood, IN 46036


OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1908

UTILITIES

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

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38

LAND SF

16,553

ZONING

B2

APN/PARCEL ID

48-04-15-202-033.000-027

ASK ABOUT THIS PROPERTY

John MerrillKW CommercialMore Info
317-590-3046

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John MerrillKW CommercialMore Info
317-590-3046

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