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7874 E State Road 28 8,120 SF 100% Leased Flex Building Elwood, IN 46036 $150,000 ($18.47/SF)



Investment Highlights
- High Traffic Location
- 6,900 Sq. Ft. Building
- Billboard Rights included
- 4.09 Acres
- 1,200 Sq. Ft. Building
- Roofs on both buildings replaced 2 years ago
Executive Summary
Commercial Real Estate Auction – Friday, August 14th at Noon
Outstanding opportunity to own a versatile commercial property situated on 4.09 acres with excellent visibility along high-traffic State Road 28. Offering exceptional flexibility for both owner-users and investors, this property features two separate commercial buildings with endless possibilities.
The primary building offers approximately 6,900 square feet and includes warehouse space, office area, restroom, and abundant storage/workspace. The second building consists of approximately 1,200 square feet of fully heated and cooled space with a restroom, making it ideal for office, retail, or additional business operations.
Occupy one building while leasing the other to generate additional income, or utilize both buildings for your growing business. This property would be well suited for contractors, fleet operations, landscaping companies, light manufacturing, service businesses, distribution, storage, and many other commercial uses.
Additional features include billboard rights for added income potential, city water and sewer, a large paved parking lot, and approximately two-year-old roofs on both buildings.
Properties offering this combination of acreage, multiple buildings, visibility, and income potential are rarely available. Whether you're expanding your business or adding to your investment portfolio, this is an outstanding opportunity to acquire a high-exposure commercial property with tremendous upside.
Auction: Friday, August 14th at Noon. The list price represents the opening bid. Seller reserves the right to accept an offer prior to the auction under the terms outlined in the Auction Documents. Auction Broker / Bidder packets available upon request. Email snidergroup@gmail.com to request documents.
Outstanding opportunity to own a versatile commercial property situated on 4.09 acres with excellent visibility along high-traffic State Road 28. Offering exceptional flexibility for both owner-users and investors, this property features two separate commercial buildings with endless possibilities.
The primary building offers approximately 6,900 square feet and includes warehouse space, office area, restroom, and abundant storage/workspace. The second building consists of approximately 1,200 square feet of fully heated and cooled space with a restroom, making it ideal for office, retail, or additional business operations.
Occupy one building while leasing the other to generate additional income, or utilize both buildings for your growing business. This property would be well suited for contractors, fleet operations, landscaping companies, light manufacturing, service businesses, distribution, storage, and many other commercial uses.
Additional features include billboard rights for added income potential, city water and sewer, a large paved parking lot, and approximately two-year-old roofs on both buildings.
Properties offering this combination of acreage, multiple buildings, visibility, and income potential are rarely available. Whether you're expanding your business or adding to your investment portfolio, this is an outstanding opportunity to acquire a high-exposure commercial property with tremendous upside.
Auction: Friday, August 14th at Noon. The list price represents the opening bid. Seller reserves the right to accept an offer prior to the auction under the terms outlined in the Auction Documents. Auction Broker / Bidder packets available upon request. Email snidergroup@gmail.com to request documents.
Property Facts
| Price | $150,000 | Rentable Building Area | 8,120 SF |
| Price Per SF | $18.47 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Property Type | |||
| Zoning | Commercial General | ||
| Price | $150,000 |
| Price Per SF | $18.47 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Rentable Building Area | 8,120 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | Commercial General |
Amenities
- Storage Space
Utilities
- Lighting
- Gas - Natural
- Water
- Sewer - City
- Heating - Gas
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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J. Snider Real Estate
7874 E State Road 28
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