7874 State Road 28, Elwood
7874 State Road 28, Elwood, IN 46036
Purpose unavailable
$250,000
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
N/A
Year Built
Additional Information
Home Features
Providence Property Group, PC
Central Indiana real estate services
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
Outstanding opportunity to own a versatile commercial property situated on 4.09 acres with excellent visibility along high-traffic State Road 28. Offering exceptional flexibility for both owner-users and investors, this property features two separate commercial buildings with endless possibilities. The primary building offers approximately 6,900 square feet and includes warehouse space, office area, restroom, and abundant storage/workspace. The second building consists of approximately 1,200 square feet of fully heated and cooled space with a restroom, making it ideal for office, retail, or additional business operations. Occupy one building while leasing the other to generate additional income, or utilize both buildings for your growing business. This property would be well suited for contractors, fleet operations, landscaping companies, light manufacturing, service businesses, distribution, storage, and many other commercial uses. Additional features include billboard rights for added income potential, city water and sewer, a large paved parking lot, and approximately two-year-old roofs on both buildings. Properties offering this combination of acreage, multiple buildings, visibility, and income potential are rarely available. Whether you're expanding your business or adding to your investment portfolio, this is an outstanding opportunity to acquire a high-exposure commercial property with tremendous upside. Whether you're looking to expand your business, establish a new headquarters, or add a high-performing asset to your investment portfolio, this property offers exceptional flexibility and outstanding income potential. With two separate buildings, billboard revenue, and multiple occupancy options, the possibilities are endless. Investors will appreciate the property's strong cap rate potential and long-term upside in this highly visible commercial location.
Location
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7874 State Road 28, Elwood, IN 46036
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Listing provided courtesy of Jason Snider at J. Snider Real Estate
Contact: snidergroup@gmail.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
Based on information submitted to the MLS GRID as of August 28, 2026 at 6:12 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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