Listing Agency: Fehrman Realty o***@fehrmanrealty.com

Listed By: Deborah Scudder · License #RB14040820 Show Phone

Source: Exprealty

Added: Oct 29, 2025 Changed: Aug 20 Last Checked: Sep 5 at 2:33PM

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Investment Insights

Based on property information with market context.

This commercial building lot is zoned Local Business and is offered as a site to start fresh with a new business from the ground up. Utilities are available for the property, supporting development planning.

The site is located along N. Main St and runs across to SR 101, providing road frontage on both corridors. This wide frontage can be helpful for establishing visibility and access from either route.

As a development parcel with available utilities and Local Business zoning, the lot is positioned for buyers looking to construct on-site.

Key Highlights

• Commercial building lot zoned Local Business
• Road frontage on N. Main St and SR 101
• Property runs from N. Main St across to SR 101

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Electrical Service Grocery & Convenience Store Real Estate Agency Pharmacy (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

82

Businesses Nearby

Explore this area Business Placement

Demographics for 47031, IN

5,200

Population

2,036

Households

2.6

Avg Household Size

44

Median Age

17%

College-Educated

88%

High-School Grad

63.4 sq mi

ZIP Area

82

Density / Sq Mi

$67,520

Median Household Income

$33,125

Median Earnings

$939

Median Rent

$188,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial building lot is zoned Local Business and offers road frontage on N. Main St and SR 101.

Where is this commercial land located?

The property is located at 901 N Main St Milan, IN.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Commercial building lot zoned Local Business; Road frontage on N. Main St and SR 101; Property runs from N. Main St across to SR 101