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Six-Suite Office Building
New
For Lease
$9,000/Mo

105 W Sherman Street, Lynn, IN 47355

COMMERCIAL FOR LEASE, Lynn, IN

Space SizeContact for details
Lot Size0.39 Acres
Days on Market4

Property Features for 105 W Sherman Street

General Information

Property type Residential
Property subtype Office
Lot features City
Directions East on IN-32. South on IN-27. Right on Sherman Street.
Subdivision Randolph County
Standard status Active
APN 68-13-34-482-095.000-017
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Hunt & Jennings 27' E Si Lt 10, Lot 9, 13.5' W Si Lt 8
Tax Annual Amount 3310
Legal Description Hunt & Jennings 27' E Si Lt 10, Lot 9, 13.5' W Si Lt 8

Utilities

Cooling system Central Air

Building Details

Year built 1946
Flooring type Wood
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 19 at 8:06AM
MLS# 202643063

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This office building contains six suites, with an executive suite connected to a private office. Shared interior spaces include a large conference room, kitchen, bathroom, open entry area, and a hallway with closet storage. Wood flooring and central air are installed, and the building was constructed in 1946. The property is offered as a whole, with a possible multi-business office arrangement depending on interest and lease terms.

At 105 W Sherman Street in Lynn, the property is near the US-27 and SR-36 intersection. Nearby businesses and services include local retailers, gas stations, professional offices, and Randolph Southern School Corporation.

Key Highlights

  • Six office suites, including an executive suite with an adjoining private office
  • Large conference room, kitchen, bathroom, open entry, and hallway closet storage
  • Wood flooring and central air

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Building Supply Garden Center Storage Facility Big Box & Wholesale Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 47355, IN

2,546
Population
1,420
Households
1.8
Avg Household Size
44
Median Age
11%
College-Educated
92%
High-School Grad
63.0 sq mi
ZIP Area
40
Density / Sq Mi
$65,172
Median Household Income
$37,525
Median Earnings
$712
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Includes a conference room, kitchen, and an executive suite with an adjoining private office.
Where is this office building located?
The property is located at 105 W Sherman Street Lynn, IN.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: Six office suites, including an executive suite with an adjoining private office; Large conference room, kitchen, bathroom, open entry, and hallway closet storage; Wood flooring and central air
More about this property
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