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Milan, IN

Milan, IN Commercial Real Estate for Sale

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Michigan City, IN Sunman, IN Moores Hill, IN Dillsboro, IN Osgood, IN Aurora, IN Versailles, IN Frankfort, KY

Commercial Land with Public Sewer

Updated: Jan 16

Commercial Land with Public Sewer

State Rd 101 lot: 1, Milan, IN 47031

$209,000

1.12 AC lot

1.12 acres of commercial land
Business zoning
Public Sewer available
Located at State Rd 101 lot: 1 in Milan, IN 47031
Positioned between a convenience store and a dollar store

Commercial Land with Road Frontage

Updated: May 14, 2024

Commercial Land with Road Frontage

State Road 350, Milan, IN 47031

$179,900

5.52 AC lot

Over 500 ft of road frontage on State Road 350
Traffic count over 3.000 vehicles a day per INDOT in 2023
Next to Ripley Crossing Senior Living
Near Subway, Hummel Insurance, and The Reservation Restaurant
Close to St. Elizabeth & Margaret Mary Hospital Doctors Office

Automotive Shop and Warehouse

Automotive Shop and Warehouse

7646 E Mill Rd, Milan, IN 47031

$295,000

4,800 sqft 2.65 AC lot

Multi-use automotive facility with a well-insulated 60-by-80 building, 14-foot ceilings, and multiple large garage doors.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Zoned Commercial Building Lot

Zoned Commercial Building Lot

901 North Main Street, Milan, IN 47031

$150,000

37,026 sqft

Commercial building lot is zoned Local Business and offers road frontage on N. Main St and SR 101.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Milan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Flexible Commercial Flex Space

Flexible Commercial Flex Space

14483 Main St, Moores Hill, IN 47032

$249,900

9,000 sqft

Adaptable commercial building with a covered entrance and potential for warehouse, office, retail, storage, or light manufacturing use.

Retail Storefront Property

Retail Storefront Property

13375 Bank St, Dillsboro, IN 47018

$450,000

2.00 AC lot

Existing commercial building along US 50 supports retail, showroom, office-retail, or service-oriented use.

School Building with Gymnasium

School Building with Gymnasium

14733 Main Street, Moores Hill, IN 47032

$550,000

7.50 AC lot

Former school facility with extensive interior rooms, restrooms, a kitchen, library, and gymnasium on a sizable land tract.

Commercial Land with Existing Buildings

Commercial Land with Existing Buildings

1632 S State Road 101, Dillsboro, IN 47018

$425,000

4.72 AC lot

Commercial land with three existing buildings offering office, retail, warehouse, and mini-storage configurations.

Off-Market Properties in Milan, IN

Consider similar Off-Market properties in Milan, 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.

5051 State Rd 350

INDUSTRIAL (GENERAL)

5051 State Rd 350, Milan, IN 47031

Estimated value:

$190,000

6,000 sqft 2.29 AC lot

931 Main St

VACANT COMMERCIAL LAND

931 Main St, Milan, IN 47031-8827

Estimated value:

$235,000

0.35 AC lot

State Rd 350

VACANT COMMERCIAL LAND

State Rd 350, Milan, IN 47031

Estimated value:

$255,000

2.60 AC lot

101 Ellis St

CAR WASH

101 Ellis St, Milan, IN 47031

Estimated value:

$305,000

891 sqft 0.86 AC lot

218 Warpath Dr

PARKING LOT

218 Warpath Dr, Milan, IN 47031

Estimated value:

$250,000

3,100 sqft 0.23 AC lot

100 Main St

RETAIL STORES (PERSONAL SERVICES)

100 Main St, Milan, IN 47031

Estimated value:

$185,000

1,575 sqft 0.25 AC lot

Ml Rd

VACANT COMMERCIAL LAND

Ml Rd, Milan, IN 47031

Estimated value:

$240,000

0.91 AC lot

7646 Ml Rd

PARKING GARAGE, PARKING STRUCTURE

7646 Ml Rd, Milan, IN 47031-8847

Estimated value:

$280,000

4,800 sqft 0.28 AC lot

112 Franklin St

FINANCIAL BUILDING

112 Franklin St, Milan, IN 47031

Estimated value:

$280,000

1,232 sqft 0.15 AC lot

8637 State Rd 48

MANUFACTURING (LIGHT)

8637 State Rd 48, Milan, IN 47031-9748

Estimated value:

$275,000

7,200 sqft 9.27 AC lot

124 Indian Trl

COMMERCIAL (GENERAL)

124 Indian Trl, Milan, IN 47031-8992

Estimated value:

$390,000

5,100 sqft 1.04 AC lot

106 Ml Rd

FINANCIAL BUILDING

106 Ml Rd, Milan, IN 47031-8820

Estimated value:

$335,000

3,312 sqft 1.50 AC lot

418 Carr St

OFFICE (GENERAL)

418 Carr St, Milan, IN 47031-8867

Estimated value:

$400,000

64,438 sqft 14.62 AC lot

7474 State Rd 350

RESTAURANT

7474 State Rd 350, Milan, IN 47031-8883

Estimated value:

$265,000

4,856 sqft 1.07 AC lot

426 Indian Trl

VEHICLE SALES, RENTALS

426 Indian Trl, Milan, IN 47031-8800

Estimated value:

$385,000

20,218 sqft 7.58 AC lot

219 Main St

RETAIL STORES (PERSONAL SERVICES)

219 Main St, Milan, IN 47031

Estimated value:

$300,000

6,005 sqft 0.46 AC lot

831 Warpath Dr

RETAIL STORES (PERSONAL SERVICES)

831 Warpath Dr, Milan, IN 47031-8831

Estimated value:

$380,000

9,270 sqft 1.00 AC lot

101 Carr St

VACANT COMMERCIAL LAND

101 Carr St, Milan, IN 47031-3802

Estimated value:

$275,000

9,102 sqft 0.28 AC lot

926 Main St

PARKING GARAGE, PARKING STRUCTURE

926 Main St, Milan, IN 47031-8827

Estimated value:

$265,000

7,024 sqft 4.68 AC lot

203 Carr St

RETAIL STORES (PERSONAL SERVICES)

203 Carr St, Milan, IN 47031

Estimated value:

$150,000

558 sqft 0.01 AC lot

Milan, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Milan, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 41,826 square feet of properties for sale, with an estimated market value of $833,900.

Sale prices for business properties in Milan, IN start at $150,000, averaging $208,475, and reaching up to $295,000 — 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 5,179

Population Growth (5Y) -3.3%

Median Household Income $67,520

College Educated 26.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47031	$208.5K

Taxes & Financing

Tax Rate (average for all types) 2.22%

Property Tax per SF $49.00 per SF

Tax Rate vs County Average 0.10 pp above county avg

Average Loan-to-Value 65.0%

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