1535 S A Street, Elwood, IN 46036 - Madison County

Looking for an affordable, turn-key commercial property with exceptional flexibility? This 1,728-square-foot commercial building in Elwood, Indiana offers a highly adaptable layout suitable for a wide range of business uses, including professional offices, retail, service-based businesses, cafes, bakeries, salons, barber shops, studios, or light food service. Its efficient footprint and flexible interior make it an excellent option for both owner-operators and investors seeking a versatile commercial asset. The building features an open, functional floor plan that allows for easy reconfiguration to match your business vision. Previously home to a successful neighborhood restaurant, the space benefits from existing infrastructure and utilities that can support multiple commercial uses, while also offering a clean slate for new branding, layout, or design concepts. The straightforward interior layout allows for cost-effective updates without the need for extensive structural changes. Located in a desirable end-cap position, the property offers strong visibility, prominent signage opportunities, easy customer access, and ample shared parking. Its placement within a well-traveled commercial area provides consistent daily exposure, enhancing brand presence and accessibility for customers, clients, or employees alike. An appraisal completed several years ago valued the property at $185,000, and it is now offered at $150,000, presenting buyers with built-in equity and a compelling entry point into commercial ownership. Whether you are launching a new venture, relocating an existing business, or adding a flexible commercial property to your portfolio, this offering delivers value, adaptability, and long-term potential.

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