101 Anderson StElwood, IN 46036

This vacant, 13,798-square-foot, two-story commercial building in downtown Elwood, Indiana, presents a unique redevelopment opportunity. Previously a Huntington Bank, the property boasts a high-visibility location at the intersection of State Road 13 and State Road 28, offering excellent exposure. The building, constructed in 1960, features approximately 7,000 square feet on the upper level and 7,000 square feet in the basement, situated on a 22,300-square-foot lot. The property is zoned B2 and consists of three APN lots. The asking price is $750,000 ($144.22/sq ft), and seller financing is available with negotiable terms. The City of Elwood is open to considering tax abatement for the right project. This versatile space is suitable for a variety of uses, including but not limited to restaurant, storefront, or other retail establishments. The property is currently vacant with an occupancy date of November 18, 2024. Buyers are responsible for all closing costs and taxes. Detailed zoning information is available upon request.