Former Fresenius

1807 S Anderson St, Elwood, IN 46036

Property Information

  • For Sale $1,099,650
  • Property Type Retail - Freestanding
  • Property Size 7,331 SF
  • Lot Size 0.51 Acre
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1984
  • Date Updated Nov 2, 2026

Description

The property is located along State Road 13 (S. Anderson Street), a primary north-south thoroughfare serving Elwood, Indiana, in Madison County. Situated approximately one mile north of State Road 37 and less than two miles from State Road 28, the site provides access to the surrounding residential neighborhoods and commercial areas. The immediate area consists of a mix of retail, medical, service-oriented businesses, and residential properties. Nearby establishments include Dollar General Market, Dairy Queen, Pizza King, Aspire Primary Care, and other local businesses. State Road 13 carries approximately 5,000 vehicles per day, providing frontage along an established commercial corridor on the south side of Elwood.Located at 1807 S. Anderson Street in Elwood, Indiana, this freestanding commercial building consists of approximately 7,331 square feet situated on a 0.51-acre parcel. Originally constructed in 1984, the single-tenant property features brick construction, approximately 77 feet of frontage along State Road 13, and an on-site parking area accommodating 28+ vehicles. The site is commercially zoned and features an existing building configuration previously utilized for medical services. Its freestanding layout and established commercial setting provide potential for future owner occupancy, alternative commercial uses, or redevelopment, subject to applicable zoning regulations and existing lease obligations.

Highlights

  • Corporate Tenant serves 292,000 patients in 3,600 centers worldwide.
  • Fresenius Dialysis (Dark)
  • Located on State Road 13 (aka Anderson Street) the major N-S artery in Elwood.
  • Prime opportunity for owner-user or redevelopment.
  • Rent increases $11,391 per year on 10-1-2027
  • Tenant has five + years remaining of lease obligtion.
  • Within walking distance of Ascension associated medical building, restaurants, shopping and entertainment venues.

Contacts

Location

Contact Listing Broker
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