Hanover, IN
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    Hanover, IN Commercial Real Estate for Sale

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    Madison, IN Lexington, IN Nabb, IN
    6 listings
    Hanover Ranch Home with Updates
    $200,000
    1,286 SF
    Hanover Ranch Home with Updates

    4077 W Pine Court, Hanover, IN 47243

    Updated 3-bedroom ranch on a quiet cul-de-sac.
    • Large, fenced‑in yard with mature trees and wood deck in a desirable neighborhood.
    • Roof, windows, and doors replaced in 2015, ensuring durability and energy efficiency.
    • All appliances included (Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer).
    • Located on a quiet cul‑de‑sac.
    • Open concept living area.
    Updated: Jan 17, 2024
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    Land Opportunity Near Hanover College
    $498,500
    2,088 SF
    Land Opportunity Near Hanover College

    4146 IN-56, Hanover, IN 47243

    Land approved for mixed-use zoning near Hanover College.
    • Approved comprehensive plan designates property for mixed‑use zoning, offering diverse development possibilities.
    • Located within a rapidly expanding area with new commercial developments and residential subdivisions nearby.
    • High‑traffic location across from Hanover College.
    • Zoned R‑1, allowing up to 4 single‑family homes per acre.
    • Surrounded by commercially zoned businesses.
    Updated: Sep 9, 2024
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    Industrial Buildings on 11 Acres
    $3,000,000
    54,000 SF
    Industrial Buildings on 11 Acres

    Industrial buildings on 11 acres with multiple docks.

    9727 S Barker Dr, Hanover, IN 47243

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    Retail Space in College Town
    $199,000
    Retail Space in College Town

    Highly visible retail space near Hanover College and Madison, Indiana.

    214 W Lagrange Road, Hanover, IN 47243

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    Prime Location Commercial Building
    $529,000
    7,200 SF
    Prime Location Commercial Building

    High-traffic location with expansion potential and existing infrastructure.

    3498 W Sr 56, Hanover, IN 47243

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    Versatile Commercial Property in Hanover
    $68,500
    Versatile Commercial Property in Hanover

    Adaptable commercial space suitable for various business ventures.

    106 E Main Street, Hanover, IN 47243

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Hanover, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    1.6 Acre Tract Near Madison
    $37,500
    1.60 Acres
    1.6 Acre Tract Near Madison

    1.6 acre tract ideal for horses and a barn.

    5000 W SR 256, Madison, IN 47250

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    Potential-Filled Property in Lexington, IN
    $105,000
    1,392 SF
    Potential-Filled Property in Lexington, IN

    Property with potential, being sold as-is in Lexington, Indiana.

    8512 W Polk Road, Lexington, IN 47138

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    Mini-Farm with Updated Home
    $285,000
    1,260 SF
    Mini-Farm with Updated Home

    10+ acre mini-farm with updated home, barns, and pastures.

    8290 W State Road 356, Lexington, IN 47138

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    Commercial Land Zoned General Business
    $65,000
    Commercial Land Zoned General Business

    Land for sale, zoned for general business use.

    3617 Clifty Drive, Madison, IN 47250

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    Off-Market Properties in Hanover, IN

    Consider similar Off-Market properties in Hanover, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    214 Lagrange Rd
    Retail properties & Spaces
    Lot: 0.55 Acres

    214 Lagrange Rd, Hanover, IN 47243

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    106 Main St
    Commercial real estate
    Lot: 0.20 Acres

    106 Main St, Hanover, IN 47243

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    3498 Sr 56
    Retail properties & Spaces
    Lot: 2.46 Acres
    Value Estimation by Request

    3498 Sr 56, Hanover, IN 47243

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    4146 In-56
    Mixed-use properties
    2,088 SF Lot: 2.88 Acres
    Value Estimation by Request

    4146 In-56, Hanover, IN 47243

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    9727 Barker Dr
    Industrial properties
    Lot: 11.00 Acres
    Value Estimation by Request

    9727 Barker Dr, Hanover, IN 47243

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    232 Fran Rd
    Commercial real estate
    Value Estimation by Request

    232 Fran Rd, Hanover, IN 47243

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    3400 Tull Rd
    INDUSTRIAL - VACANT LAND
    Lot: 8.00 Acres
    Value Estimation by Request

    3400 Tull Rd, Hanover, IN 47243-9711

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    3553 Tull Rd
    INDUSTRIAL - VACANT LAND
    Lot: 0.31 Acres
    Value Estimation by Request

    3553 Tull Rd, Hanover, IN 47243

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    3553 Tull Rd
    INDUSTRIAL - VACANT LAND
    Lot: 0.03 Acres
    Value Estimation by Request

    3553 Tull Rd, Hanover, IN 47243

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    3553 Tull Rd
    INDUSTRIAL - VACANT LAND
    Lot: 0.04 Acres
    Value Estimation by Request

    3553 Tull Rd, Hanover, IN 47243

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    136 Thornton Rd
    COMMERCIAL (GENERAL)
    5,388 SF Lot: 2.80 Acres
    Estimated value
    $575,000

    136 Thornton Rd, Hanover, IN 47243-9713

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    180 Thornton Rd
    VACANT COMMERCIAL LAND
    Lot: 2.48 Acres
    Value Estimation by Request

    180 Thornton Rd, Hanover, IN 47243-9713

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    2069 State Rd 62
    COMMERCIAL (GENERAL)
    Lot: 1.86 Acres
    Value Estimation by Request

    2069 State Rd 62, Hanover, IN 47243-9376

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    2740 State Rd 62
    INDUSTRIAL - VACANT LAND
    Lot: 0.02 Acres
    Value Estimation by Request

    2740 State Rd 62, Hanover, IN 47243-9379

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    4000 State Rd 56
    COLLEGE, UNIVERSITY, VOC SCHOOL
    Lot: 12.70 Acres
    Value Estimation by Request

    4000 State Rd 56, Hanover, IN 47243-9069

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    4100 State Rd 56
    VACANT COMMERCIAL LAND
    Lot: 1.60 Acres
    Value Estimation by Request

    4100 State Rd 56, Hanover, IN 47243-9070

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    6583 State Rd 56
    WAREHOUSE, STORAGE
    9,090 SF Lot: 5.87 Acres
    Value Estimation by Request

    6583 State Rd 56, Hanover, IN 47243-9368

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    3408 State Rd 56
    INDUSTRIAL (GENERAL)
    40,594 SF Lot: 5.26 Acres
    Estimated value
    $760,000

    3408 State Rd 56, Hanover, IN 47243-9063

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    Hanover, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Hanover, IN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 64,574 square feet of properties for sale, with an estimated market value of $4,227,500.

    Sale prices for business properties in Hanover, IN start at $200,000, averaging $1,056,875, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,235
    Population Growth (5Y) +3.0%
    Median Household Income $66,333
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47243 $749.2K

    Taxes & Financing

    Tax Rate (average for all types) 2.38%
    Property Tax per SF $62.13 per SF
    Average Loan-to-Value 65.0%

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