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Flexible Industrial Building
New
For Sale
$474,900

215 Nieman Street, Sunman, IN 47041

Commercial Sale, Sunman, IN

Property Size9,900 SF
Lot Size0.50 Acres
Price / SF$47.97
Days on Market3

Property Features for 215 Nieman Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Adams
Standard status Active
APN 69-07-09-333-016.001-004
Lot size 0.50 Acres

Amenities

Break room

Building Details

Year built 1986
Listing Agency: Huff Realty Indiana
Listed By: F. Patrick Martini
Added: Oct 22 Last Checked: Oct 24 at 1:06AM
MLS# 208570

Copyright © 2026 Southeastern Indiana Board 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.

Rey
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Investment Insights

Based on property information with market context.

The 9,900-square-foot flex space is arranged in three sections, with the option to combine them into one large unit. Warehouse areas have 14-foot ceilings and three overhead doors measuring 15' x 14', 12' x 12', and 12' x 10'. The interior also includes storage areas, offices, retail/sales rooms, a break room, and display windows.

Built in 1986, the 0.5-acre property is located at 215 Nieman Street in Sunman, Indiana, approximately 3 miles from I-74. A portion of the building is currently leased.

Key Highlights

  • 9,900 square feet on a 0.5‑acre property
  • Three sections can be combined into one large unit
  • Warehouse areas have 14‑foot ceilings

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Grocery & Convenience Store Auto Repair Shop Hair Salon Food Market

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

14 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47041, IN

5,891
Population
2,449
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
77.8 sq mi
ZIP Area
76
Density / Sq Mi
$86,778
Median Household Income
$45,872
Median Earnings
$834
Median Rent
$280,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Three sections combine warehouse, office, and retail/sales areas with separate overhead-door access.
Where is this flex space located?
The property is located at 215 Nieman Street Sunman, IN.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: 9,900 square feet on a 0.5‑acre property; Three sections can be combined into one large unit; Warehouse areas have 14‑foot ceilings
More about this property
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