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Sunman, IN

Sunman, IN Commercial Real Estate for Sale

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Batesville, IN Milan, IN West Harrison, IN Aurora, IN Michigan City, IN Moores Hill, IN Guilford, IN Brookville, IN

Mixed-Use Restaurant Building

Updated: Apr 2, 2025

Mixed-Use Restaurant Building

104 S Meridian Street, Sunman, IN 47041

$649,900

0.35 AC lot

Mixed‑use building with restaurant and upstairs apartment
Liquor license, trade fixtures, furniture, bar equipment, and kitchen appliances included
Walk‑in cooler and freezer included
500+/-sq ft unfinished upstairs space
Additional parking area and concrete parking lot

Mixed-Use Building with Restaurant

Updated: Sep 25, 2025

Mixed-Use Building with Restaurant

119 S Meridian Street, Sunman, IN 47041

$349,000

0.16 AC lot

Restaurant area includes 2 pizza ovens, a walk‑in cooler, and food‑service equipment
Three upstairs apartments: (2) two‑bedroom units and (1) one‑bedroom unit
Original early 1900s bar and back bar remain in the building
Built in 1930 on 0.16 acres
Located at 119 S Meridian Street in downtown Sunman, IN

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

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Sunman, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

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.

Buildable Agricultural Land

Buildable Agricultural Land

County Road 650 E, Batesville, IN 47006

$316,230

12.70 AC lot

Rural farmland with buildable potential, crop operations, and convenient access to State Highway 46 and Interstate 74.

Buildable Agricultural Land

Buildable Agricultural Land

N County Rd 650 E, Batesville, IN 47006

$316,230

14.49 AC lot

Buildable farmland with gently rolling to flat terrain and current cash-crop use.

Commercial Land with Road Frontage

Commercial Land with Road Frontage

State Road 350, Milan, IN 47031

$179,900

5.52 AC lot

Commercial land along State Road 350 near medical, retail, dining, banking, and senior-living uses.

Off-Market Properties in Sunman, IN

Consider similar Off-Market properties in Sunman, 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.

12336 State Rd 46

OFFICE (GENERAL)

12336 State Rd 46, Sunman, IN 47041-8970

Estimated value:

$90,000

768 sqft 1.14 AC lot

27902 Lawrenceville Rd

COMMERCIAL (GENERAL)

27902 Lawrenceville Rd, Sunman, IN 47041

Estimated value:

$240,000

2.45 AC lot

Ee 46

RETAIL STORES (PERSONAL SERVICES)

Ee 46, Sunman, IN 47041

Estimated value:

$530,000

8,664 sqft 6.08 AC lot

12137 State Rd 46

AUTO REPAIR, GARAGE

12137 State Rd 46, Sunman, IN 47041-8966

Estimated value:

$255,000

4,536 sqft 0.50 AC lot

12523 Dearborn Rd

COMMERCIAL (GENERAL)

12523 Dearborn Rd, Sunman, IN 47041-7540

Estimated value:

$375,000

4,232 sqft 12.23 AC lot

26022 Lawrenceville Rd

VACANT COMMERCIAL LAND

26022 Lawrenceville Rd, Sunman, IN 47041-8410

Estimated value:

$240,000

5,162 sqft 3.00 AC lot

21106 Quail Rdg Ln

RESTAURANT

21106 Quail Rdg Ln, Sunman, IN 47041-8327

Estimated value:

$205,000

7,880 sqft 84.33 AC lot

13146 State Rd 101

OFFICE (GENERAL)

13146 State Rd 101, Sunman, IN 47041-7976

Estimated value:

$270,000

6,000 sqft 1.00 AC lot

105 Meridian St

RETAIL STORES (PERSONAL SERVICES)

105 Meridian St, Sunman, IN 47041-9321

Estimated value:

$295,000

7,220 sqft 0.18 AC lot

11628 State Rd 46

OFFICE (GENERAL)

11628 State Rd 46, Sunman, IN 47041-8545

Estimated value:

$215,000

2,100 sqft 12.74 AC lot

107 Vine St

FUNERAL HOME

107 Vine St, Sunman, IN 47041-8932

Estimated value:

$265,000

3,813 sqft 0.58 AC lot

123 Vine St

MANUFACTURING (LIGHT)

123 Vine St, Sunman, IN 47041-9144

Estimated value:

$605,000

110,928 sqft 11.56 AC lot

Vine St

VACANT COMMERCIAL LAND

Vine St, Sunman, IN 47041

Estimated value:

$220,000

0.44 AC lot

Vine St

VACANT COMMERCIAL LAND

Vine St, Sunman, IN 47041

Estimated value:

$230,000

0.02 AC lot

Meridian St

CAR WASH

Meridian St, Sunman, IN 47041

Estimated value:

$190,000

800 sqft 0.27 AC lot

119 Meridian St

RETAIL STORES (PERSONAL SERVICES)

119 Meridian St, Sunman, IN 47041-7895

Estimated value:

$585,000

9,180 sqft 0.75 AC lot

Meridian St

COMMERCIAL (GENERAL)

Meridian St, Sunman, IN 47041

Estimated value:

$240,000

2,244 sqft 0.09 AC lot

122 Meridian St

RETAIL STORES (PERSONAL SERVICES)

122 Meridian St, Sunman, IN 47041-9322

Estimated value:

$290,000

6,563 sqft 0.14 AC lot

510 Meridian St

RETAIL STORES (PERSONAL SERVICES)

510 Meridian St, Sunman, IN 47041-8491

Estimated value:

$260,000

2,052 sqft 2.54 AC lot

Washinton St

RETAIL STORES (PERSONAL SERVICES)

Washinton St, Sunman, IN 47041

Estimated value:

$240,000

0.07 AC lot

28189 State Rte 1st 1

VACANT COMMERCIAL LAND

28189 State Rte 1st 1, Sunman, IN 47041

Estimated value:

$560,000

16,104 sqft 1.09 AC lot

310 Western Ave

MOBILE HOME PARK, TRAILER PARK

310 Western Ave, Sunman, IN 47041-7737

Estimated value:

$270,000

2.00 AC lot

Sunman, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Sunman, IN on our real estate platform.

Sale prices for business properties in Sunman, IN start at $349,000, averaging $499,450, and reaching up to $649,900 — 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 6,148

Population Growth (5Y) -5.8%

Median Household Income $86,778

College Educated 35.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
47041	$499.5K

Taxes & Financing

Tax Rate (average for all types) 2.06%

Property Tax per SF $43.16 per SF

Tax Rate vs County Average 0.06 pp below county avg

Average Loan-to-Value 65.0%

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