Sunman, IN
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    Sunman, IN Commercial Real Estate for Sale

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    Batesville, IN Aurora, IN Milan, IN
    Turnkey Restaurant and Apartments
    $349,000
    0.16 Acres
    Turnkey Restaurant and Apartments

    119 S Meridian Street, Sunman, IN 47041

    Turnkey restaurant space with kitchen equipment plus three apartments above, offering combined income and operating flexibility.
    • 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
    Updated: Sep 25, 2025
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    SINGLE_FAMILY - Sunman, IN
    $649,900
    0.35 Acres
    SINGLE_FAMILY - Sunman, IN

    104 S Meridian Street, Sunman, IN 47041

    Conventional restaurants · 0.35 Acres
    • 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.
    Updated: Apr 2, 2025
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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.

    Agricultural Land Parcel
    $199,900
    12.45 Acres
    Agricultural Land Parcel

    Partially wooded acreage with an established trail to a creek and utilities available at the street.

    N State Road 101, Milan, IN 47031

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    Commercial Land at Major Intersection
    $1,150,000
    32.68 Acres
    Commercial Land at Major Intersection

    Agricultural-zoned parcel with road frontage at a key SR-46/SR-129 intersection near area employment and services.

    1230 State Road 129, Batesville, IN 47006

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    Commercial Land with High Visibility
    $100,000
    Commercial Land with High Visibility

    Building site with high traffic exposure, subject to survey.

    2 State Road 46, Batesville, IN 47006

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    Prime Commercial Land in Milan
    $179,900
    5.52 Acres
    Prime Commercial Land in Milan

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

    State Road 350, Milan, IN 47031

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    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)
    768 SF Lot: 1.14 Acres
    Value Estimation by Request

    12336 State Rd 46, Sunman, IN 47041-8970

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    27902 Lawrenceville Rd
    COMMERCIAL (GENERAL)
    Lot: 2.45 Acres
    Value Estimation by Request

    27902 Lawrenceville Rd, Sunman, IN 47041

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    Ee 46
    RETAIL STORES (PERSONAL SERVICES)
    8,664 SF Lot: 6.08 Acres
    Estimated value
    $530,000

    Ee 46, Sunman, IN 47041

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    12137 State Rd 46
    AUTO REPAIR, GARAGE
    4,536 SF Lot: 0.50 Acres
    Value Estimation by Request

    12137 State Rd 46, Sunman, IN 47041-8966

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    12523 Dearborn Rd
    COMMERCIAL (GENERAL)
    4,232 SF Lot: 12.23 Acres
    Value Estimation by Request

    12523 Dearborn Rd, Sunman, IN 47041-7540

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    26022 Lawrenceville Rd
    VACANT COMMERCIAL LAND
    5,162 SF Lot: 3.00 Acres
    Value Estimation by Request

    26022 Lawrenceville Rd, Sunman, IN 47041-8410

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    21106 Quail Rdg Ln
    RESTAURANT
    7,880 SF Lot: 84.33 Acres
    Value Estimation by Request

    21106 Quail Rdg Ln, Sunman, IN 47041-8327

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    13146 State Rd 101
    OFFICE (GENERAL)
    6,000 SF Lot: 1.00 Acre
    Value Estimation by Request

    13146 State Rd 101, Sunman, IN 47041-7976

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    105 Meridian St
    RETAIL STORES (PERSONAL SERVICES)
    7,220 SF Lot: 0.18 Acres
    Value Estimation by Request

    105 Meridian St, Sunman, IN 47041-9321

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    11628 State Rd 46
    OFFICE (GENERAL)
    2,100 SF Lot: 12.74 Acres
    Value Estimation by Request

    11628 State Rd 46, Sunman, IN 47041-8545

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    107 Vine St
    FUNERAL HOME
    3,813 SF Lot: 0.58 Acres
    Value Estimation by Request

    107 Vine St, Sunman, IN 47041-8932

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    123 Vine St
    MANUFACTURING (LIGHT)
    110,928 SF Lot: 11.56 Acres
    Estimated value
    $1,060,000

    123 Vine St, Sunman, IN 47041-9144

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    Vine St
    VACANT COMMERCIAL LAND
    Lot: 0.44 Acres
    Value Estimation by Request

    Vine St, Sunman, IN 47041

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    Vine St
    VACANT COMMERCIAL LAND
    Lot: 0.02 Acres
    Value Estimation by Request

    Vine St, Sunman, IN 47041

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    Meridian St
    CAR WASH
    800 SF Lot: 0.27 Acres
    Value Estimation by Request

    Meridian St, Sunman, IN 47041

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    119 Meridian St
    RETAIL STORES (PERSONAL SERVICES)
    9,180 SF Lot: 0.75 Acres
    Estimated value
    $585,000

    119 Meridian St, Sunman, IN 47041-7895

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    Meridian St
    COMMERCIAL (GENERAL)
    2,244 SF Lot: 0.09 Acres
    Value Estimation by Request

    Meridian St, Sunman, IN 47041

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    122 Meridian St
    RETAIL STORES (PERSONAL SERVICES)
    6,563 SF Lot: 0.14 Acres
    Value Estimation by Request

    122 Meridian St, Sunman, IN 47041-9322

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    510 Meridian St
    RETAIL STORES (PERSONAL SERVICES)
    2,052 SF Lot: 2.54 Acres
    Value Estimation by Request

    510 Meridian St, Sunman, IN 47041-8491

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    Washinton St
    RETAIL STORES (PERSONAL SERVICES)
    Lot: 0.07 Acres
    Value Estimation by Request

    Washinton St, Sunman, IN 47041

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    28189 State Rte 1st 1
    VACANT COMMERCIAL LAND
    16,104 SF Lot: 1.09 Acres
    Estimated value
    $560,000

    28189 State Rte 1st 1, Sunman, IN 47041

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    310 Western Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    310 Western Ave, Sunman, IN 47041-7737

    View details

    Sunman, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Sunman, IN on our real estate platform. These investment opportunities span a total of 9,900 square feet of properties for sale, with an estimated market value of $475,000.

    Sale prices for business properties in Sunman, IN start at $475,000, averaging $475,000, and reaching up to $475,000 — 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 6,148
    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 $415K

    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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