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Zoned Commercial Building Lot
For Sale
$150,000

901 North Main Street, Milan, IN 47031

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

Property Size37,026 SF
Price / SF$4.05
Days on Market364

Property Features for 901 North Main Street

General Information

Standard status Active
Size 37,026 SF
Property subtype Land / Commercial Lot
Zoning Commercial
Lease Type Net

Taxes and HOA fees

Annual Taxes $364

Amenities

No
Listing Agency: Fehrman Realty
Listed By: Deborah Scudder · License #RB14040820
Source: Compass
Added: Sep 15, 2025 Changed: Sep 12 Last Checked: Sep 12 at 10:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fehrman Realty

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

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Current Use

Commercial land

Suggested Use

Top Pick Dental Office Electrical Service Grocery & Convenience Store Pharmacy Real Estate Agency (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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 North Main Street 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
More about this property
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