Former STAR Bank Branch

Retail-Commercial for Sale
Catylist Listing ID: 29975969
Property Subtypes: Free-Standing Building
Building Size (RSF): 4,000 SF
Gross Land Area: 1.16 - 2.78 Acres
Sale Price: $450,000
Unit Price: $112.50 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/14/2017

Overview / Comments

The former STAR Financial Bank location is situated at the busy intersection of SR 28 and IN 37, enjoying excellent visibility and frontage along SR 28. Property has pylon signage and is located across the street from Park Plaza Shopping Center and McDonald's restaurant.

Elwood is located in Madison County, Indiana, north of the Indianapolis Metropolitan area. Elwood is the home of Red Gold canned tomato products. Elwood lies in close proximity to Anderson and Muncie, as well as Carmel, Noblesville and Westfield, the fast-growing northern suburbs of the Indianapolis MSA.

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Madison
Tax ID/APN: 48-04-14-100-035.000-027
Retail Clientele: Family, Business, Traveler
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 1990

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,497 9,668 14,857
Median Age: 40.11 39.36 40.5
Households: 593 3,815 5,936


Photograph of Listing Agent

William S. French

Cushman & Wakefield ICREX Member
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