Sunman, IN Commercial Real Estate for Sale

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SINGLE_FAMILY - Sunman, IN
Updated: Apr 2, 2025
SINGLE_FAMILY - Sunman, IN

104 S Meridian Street, Sunman, IN 47041

$649,900
0.35 AC lot
Turnkey restaurant business opportunity with included liquor license, trade fixtures, equipment, furniture, and kitchen appliances.
Upstairs apartment provides supplemental income potential or owner residence.
Recent major renovations including roof, furnace, air conditioning, flooring, and concrete parking lot.
Prime investment opportunity with building and additional parking area.
Unfinished 500 sq ft upstairs space offers potential for expansion or additional apartment.
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Turnkey Restaurant and Apartments
Updated: Sep 25, 2025
Turnkey Restaurant and Apartments

119 S Meridian Street, Sunman, IN 47041

$349,000
0.16 AC lot
Year built 1930 mixed‑use property in downtown Sunman
Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment
Restaurant features a historic early 1900's original bar and back bar
Upstairs rentals include two 2‑bedroom apartments and one 1‑bedroom apartment
Property listed with all required restaurant equipment included
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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.

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Buildable Rural Acreage with Easement
Buildable Rural Acreage with Easement

County Road 650 E, Batesville, IN 47006

$316,230
12.70 AC lot

Primarily flat buildable farmland with a 50-foot gas line easement running through the parcel.

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Buildable Rural Farmland Tract
Buildable Rural Farmland Tract

N County Rd 650 E, Batesville, IN 47006

$316,230
14.49 AC lot

A 14.49+/- acre buildable tract with gently rolling to flat topography, currently in a cash-crop operation.

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Prime Commercial Land in Milan
Prime Commercial Land in Milan

State Road 350, Milan, IN 47031

$179,900
5.52 AC lot

5+ acre commercial land with high traffic and road frontage.

View details

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

Value Estimation by Request
768 sqft 1.14 AC lot
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27902 Lawrenceville Rd
COMMERCIAL (GENERAL)

27902 Lawrenceville Rd, Sunman, IN 47041

Value Estimation by Request
2.45 AC lot
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Ee 46
RETAIL STORES (PERSONAL SERVICES)

Ee 46, Sunman, IN 47041

$530,000
Estimated value
8,664 sqft 6.08 AC lot
View details
12137 State Rd 46
AUTO REPAIR, GARAGE

12137 State Rd 46, Sunman, IN 47041-8966

Value Estimation by Request
4,536 sqft 0.50 AC lot
View details
12523 Dearborn Rd
COMMERCIAL (GENERAL)

12523 Dearborn Rd, Sunman, IN 47041-7540

Value Estimation by Request
4,232 sqft 12.23 AC lot
View details
26022 Lawrenceville Rd
VACANT COMMERCIAL LAND

26022 Lawrenceville Rd, Sunman, IN 47041-8410

Value Estimation by Request
5,162 sqft 3.00 AC lot
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21106 Quail Rdg Ln
RESTAURANT

21106 Quail Rdg Ln, Sunman, IN 47041-8327

Value Estimation by Request
7,880 sqft 84.33 AC lot
View details
13146 State Rd 101
OFFICE (GENERAL)

13146 State Rd 101, Sunman, IN 47041-7976

Value Estimation by Request
6,000 sqft 1.00 AC lot
View details
105 Meridian St
RETAIL STORES (PERSONAL SERVICES)

105 Meridian St, Sunman, IN 47041-9321

Value Estimation by Request
7,220 sqft 0.18 AC lot
View details
11628 State Rd 46
OFFICE (GENERAL)

11628 State Rd 46, Sunman, IN 47041-8545

Value Estimation by Request
2,100 sqft 12.74 AC lot
View details
107 Vine St
FUNERAL HOME

107 Vine St, Sunman, IN 47041-8932

Value Estimation by Request
3,813 sqft 0.58 AC lot
View details
123 Vine St
MANUFACTURING (LIGHT)

123 Vine St, Sunman, IN 47041-9144

$1,060,000
Estimated value
110,928 sqft 11.56 AC lot
View details
Vine St
VACANT COMMERCIAL LAND

Vine St, Sunman, IN 47041

Value Estimation by Request
0.44 AC lot
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Vine St
VACANT COMMERCIAL LAND

Vine St, Sunman, IN 47041

Value Estimation by Request
0.02 AC lot
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Meridian St
CAR WASH

Meridian St, Sunman, IN 47041

Value Estimation by Request
800 sqft 0.27 AC lot
View details
119 Meridian St
RETAIL STORES (PERSONAL SERVICES)

119 Meridian St, Sunman, IN 47041-7895

$585,000
Estimated value
9,180 sqft 0.75 AC lot
View details
Meridian St
COMMERCIAL (GENERAL)

Meridian St, Sunman, IN 47041

Value Estimation by Request
2,244 sqft 0.09 AC lot
View details
122 Meridian St
RETAIL STORES (PERSONAL SERVICES)

122 Meridian St, Sunman, IN 47041-9322

Value Estimation by Request
6,563 sqft 0.14 AC lot
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510 Meridian St
RETAIL STORES (PERSONAL SERVICES)

510 Meridian St, Sunman, IN 47041-8491

Value Estimation by Request
2,052 sqft 2.54 AC lot
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Washinton St
RETAIL STORES (PERSONAL SERVICES)

Washinton St, Sunman, IN 47041

Value Estimation by Request
0.07 AC lot
View details
28189 State Rte 1st 1
VACANT COMMERCIAL LAND

28189 State Rte 1st 1, Sunman, IN 47041

$560,000
Estimated value
16,104 sqft 1.09 AC lot
View details
310 Western Ave
MOBILE HOME PARK, TRAILER PARK

310 Western Ave, Sunman, IN 47041-7737

Value Estimation by Request
2.00 AC lot
View details

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%

Listings Trend

New vs delisted commercial listings in Ripley County

New Delisted

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