101 S Anderson St - Restaurant FOR SALE


Elwood, IN 46036
$749,000 USD
317-504-2663
101 S Anderson St, Elwood, IN for Sale
$749,000 USD
Restaurant - FOR SALE
1/32
null | Request Cap Rate

101 S Anderson St
Elwood, IN 46036


HIGHLIGHTS

  • City of Elwood Will Consider Tax Abatement
  • Center / Anchor Location For City of Elwood

OVERVIEW

Seller Financing Available! Discover an exceptional opportunity to own this versatile 13,798 sq. ft. two-level property, perfectly positioned in downtown Elwood at the high-visibility intersection of State Road 13 (North Anderson St.) and State Road 28 (Main Street). This prime location is ideal for a wide range of uses, including: Church or place of worship, Restaurant or bar, School with daycare facilities, Event center or banquet hall. Property Details: Upper Level: Approximately 7,000 sq. ft. of open, adaptable space. Basement Level: Additional 7,000 sq. ft., perfect for storage, offices, or other creative uses. Zoning Info: For detailed zoning regulations, please refer to the attached document. Additional Highlights: Tax Abatement Potential: The City of Elwood is open to considering tax abatement for this property—an incredible opportunity for future savings. Virtual Tour: Get an inside look here: Virtual Tour. Important Notes: Closing Costs: Buyers are responsible for all closing costs and taxes at closing. Please account for these expenses when submitting your offer. Flexible Financing: Seller financing is available to make this property even more accessible for the right buyer. Don’t miss out on this one-of-a-kind property with endless potential. Schedule your showing today and envision the possibilities! Serious inquiries only.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Large Retail Building - 13,798 Sf., 1/2 Acre

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

B2

APN/PARCEL ID

48-04-15-202-054.000-027,48-04-15-202-057.000-027,48-04-15-202-088.000-027

ASK ABOUT THIS PROPERTY

Albert StancatoHighgarden Real Estate, Inc.More Info
317-504-2663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Albert StancatoHighgarden Real Estate, Inc.More Info
317-504-2663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.