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1515 S A St 24,000 SF 100% Leased Flex Building Elwood, IN 46036 For Sale
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 | Lot Size | 0.38 AC |
| Property Type | Flex | Rentable Building Area | 24,000 SF |
| Property Subtype | Light Distribution | No. Stories | 2 |
| Building Class | C | Year Built | 1908 |
| Zoning | B2 - Central Business District: Retail business; Eating and drinking establishments; Offices and banks; Personal and professional services; | ||
| 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
| Parcel Number | 48-04-15-202-033.000-027 | Improvements Assessment | $150,700 |
| Land Assessment | $19,000 | Total Assessment | $169,700 |
PROPERTY TAXES
Parcel Number
48-04-15-202-033.000-027
Land Assessment
$19,000
Improvements Assessment
$150,700
Total Assessment
$169,700
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1515 S A St
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