Building Details

Year built 1983

Listing Agency: River Ridge Realtors c***@yahoo.com Show Phone

Listed By: Christy Alexander · License #RB14031992 Show Phone

Added: May 1 Changed: Aug 23 Last Checked: Aug 23 at 5:06PM

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MLS# 207366

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.

Investment Insights

Based on property information with market context.

This 1983 commercial building occupies a 1-acre property and is classified for agricultural use. The Morton building has 6-inch walls, a ceiling-mounted propane heater, and wall-mounted air-conditioning units. Interior features include an office, storage closet with a deep sink, two half baths, and a separate interior room described as a safe room.

Recent improvements include new windows and a new garage door. The building is also wired for a monitoring system, adding dedicated infrastructure for property oversight. The address is 4154 N SR 56 N in Rising Sun, Indiana.

Key Highlights

• 1‑acre commercial property at 4154 N SR 56 N, Rising Sun, IN 47040
• Morton building constructed in 1983 with 6‑inch walls
• Ceiling‑mounted propane heater and wall A/C units

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Restaurant

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

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 47040, IN

5,288

Population

2,401

Households

2.2

Avg Household Size

46

Median Age

17%

College-Educated

93%

High-School Grad

64.9 sq mi

ZIP Area

81

Density / Sq Mi

$68,865

Median Household Income

$40,080

Median Earnings

$803

Median Rent

$180,500

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Retail space - Freestanding commercial building with climate equipment, two half baths, storage, and an office.

Where is this retail space located?

The property is located at 4154 N SR 56 N Rising Sun, IN.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: 1‑acre commercial property at 4154 N SR 56 N, Rising Sun, IN 47040; Morton building constructed in 1983 with 6‑inch walls; Ceiling‑mounted propane heater and wall A/C units