7874 E State Road 28, Elwood, IN 46036
7874 E State Road 28, Elwood, IN 46036
7874 E State Road 28, Elwood, IN 46036
7874 E State Road 28, Elwood, IN 46036
7874 E State Road 28, Elwood, IN 46036
7874 E State Road 28, Elwood, IN 46036
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Kegan Inman

Kegan Inman

Inman Realty Company LLC

+1(812) 798-0204
Listed by Jason Snider • J. Snider Real Estate
$ 150,000
Est. payment | /mo

8,120 SqFt


$ 150,000
Est. payment | /mo

8,120 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 8,120 sqft

Price per Sqft $18

MLS Listing ID 22111153

Tax Year 2025

Lot Size 4.090 Acres

Acres 4.09

Property Sub-Type Mixed Use

Property Description

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. Whether you're looking to expand your business, establish a new headquarters, or add a high-performing asset to your investment portfolio, this property offers exceptional flexibility and outstanding income potential. With two separate buildings, billboard revenue, and multiple occupancy options, the possibilities are endless. Investors will appreciate the property's strong cap rate potential and long-term upside in this highly visible commercial location.

Location

State IN

County Tipton

Zoning Commerical General Zoning

Interior

Fireplace N

Exterior

Utilities Available Natural Gas Connected, Sewer Connected

Roof Type Metal

Building

Water Well

New Construction false

Schools

Elementary Schools Tipton Elementary School

Middle Schools Tipton Middle School

High Schools Tipton High School

School District Tipton Community School Corp

Others

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7874 E State Road 28

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Inman Realty Company LLC
Inman Realty Company LLC

+1(812) 847-1234 | contact@inmanrealty.com

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