1516 Main ST Active Save Request In-Person Tour Request Virtual Tour
Elwood,IN 46036
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,907 sqft
Price per Sqft $10
MLS Listing ID 21960968
Year Built 1895
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
Investor's Dream Opportunity! Calling all savvy investors! This 4,907 sq. ft. commercial property is a blank canvas with immense potential. Previously utilized as a laundry cleaner and U-Haul truck rental, this property offers plenty of possibilities for redevelopment or multi-use purposes. Versatile Layout: The 2,729 sq. ft. downstairs can be subdivided to fit your vision, while the upstairs space was being designed for two studio apartments, adding rental income potential. City Incentives: There is POTENTIAL for a tax abatement through the city-an added financial boost for your investment. Important Note: This is a highly distressed property requiring immediate attention, including a new roof and renovations throughout. Includes asphalt parking lot! Serious investors who can see the opportunity beneath the surface, this one's for you! Don't miss your chance to turn this fixer-upper into a profitable venture. Schedule your showing today! Serious inquiries only.
Location
State IN
County Madison
Zoning B-2
Exterior
Utilities Available Electricity Connected,Gas,Sewer Connected,Water Connected
Roof Type Asphalt
Building
Story 2
New Construction false
Schools
Elementary Schools Elwood Elementary School
School District Elwood Community School Corp