REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

Listed by Diana Dunham • Keller Williams Indy Metro NE
$ 159,700
Est. payment | /mo
2,076 SqFt
$ 159,700
Est. payment | /mo
2,076 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,076 sqft
Price per Sqft $76
MLS Listing ID 22128020
Year Built 1890
Tax Year 2025
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Mixed Use
Property Description
I am pleased to share a great investment opportunity located in downtown Elwood. This two-story property features a main-level retail space complete with a storage room and a restroom. Upstairs apartment offers a spacious living room, bedroom, bath and kitchen equipped with appliances. It also includes a newer gas furnace and central air conditioning. The exterior has been fully repainted with a coordinated color scheme and features new south-facing windows. The two units share water and gas utilities but have separate electric service. Both units are currently leased under one-year agreements.
Location
State IN
County Madison
Zoning Commercial
Interior
Heating Baseboard, Space Wall Unit
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Sep Electric Meter
Building
New Construction false
Schools
Elementary Schools Elwood Elementary School
High Schools Elwood Jr-Sr High School
School District Elwood Community School Corp

© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
GET MORE INFORMATION







