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    937 N State St Sullivan, IN 47882

    For Sale
    $124,900

    Special Use - Sullivan, IN

    Lot size:
    0.33 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 937 N State St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Interior features
    Compressor, Inside Storage, Living Space
    Lot size
    0.33 Acres

    Utilities

    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Architectural style
    Other

    Century 21 Elite (812) 238-1771 [email protected]

    Listing agent Tipton Davis (812) 238-1771 License #RB23001701

    Listing date Oct 29, 2025

    MLS# 107854 Listing URL

    Copyright © 2025 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property in Sullivan

    This commercial property, formerly a machine shop, is located in Sullivan, Indiana. The building includes a 2-bedroom, 1-bath apartment suitable for on-site living or rental income. The property features an east-side garage door large enough for semis and motor homes, along with three standard one-car garage doors. A loading dock with a larger door is situated on the west side, facilitating material handling. Additionally, a half bathroom is located in the west bay. The property is zoned commercial and has a lot size of 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sullivan
    County
    Sullivan
    State
    Indiana
    Longitude
    -87.405172
    Latitude
    39.10593

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    FAQs

    What type of property is this?
    Manufacturing property - Former machine shop with apartment and loading dock.
    Where is this manufacturing property located?
    The property is located at 937 N State St Sullivan, IN.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: - Large east garage door accommodates semis and motor homes.; - Loading dock with larger door for easy material handling.; - Includes a 2-bedroom, 1-bath apartment for on-site living or rental income.
    (812) 238-1771
    Request Owner's contact information
    937 N State St Sullivan, IN 47882
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    Sullivan, IN 47882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    937 N State St Sullivan, IN 47882
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