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    Turnkey Restaurant and Apartments
    Updated: Sep 25, 2025
    Turnkey Restaurant and Apartments

    119 S Meridian Street, Sunman, IN 47041

    $349,000
    0.16 AC lot
    Year built 1930 mixed‑use property in downtown Sunman
    Turn‑key restaurant space includes 2 pizza ovens, walk‑in cooler, and all equipment
    Restaurant features a historic early 1900's original bar and back bar
    Upstairs rentals include two 2‑bedroom apartments and one 1‑bedroom apartment
    Property listed with all required restaurant equipment included
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Sunman, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    3420 Lumardo Avenue, Cincinnati, OH 45238

    $269,000
    2,142 sqft 0.21 AC lot

    Three occupied units offer a mix of two-bedroom, one-bedroom, and efficiency layouts with off-street parking.

    View details
    Brick Mixed-Use Triplex
    Brick Mixed-Use Triplex

    1712 Queen City Avenue, Cincinnati, OH 45214

    $375,000
    3,707 sqft 0.13 AC lot

    3-unit brick mixed-use property with one 2-bedroom unit, one 5-bedroom unit, and potential for a third in the detached garage.

    View details
    Duplex with Efficiency Outbuilding
    Duplex with Efficiency Outbuilding

    305 Walnut Street, Elmwood Place, OH 45216

    $215,000
    2,208 sqft 0.07 AC lot

    Well-maintained duplex with updated kitchens, washer/dryer hookups, and an outbuilding with separate utilities and kitchen/bath.

    View details
    Mixed-Use Corner Redevelopment Property
    Mixed-Use Corner Redevelopment Property

    5700 Highland Avenue, Elmwood Place, OH 45216

    $119,900
    0.06 AC lot

    Mixed-use corner building with operating retail, an unfinished studio, and two second-floor units stripped to studs.

    View details

    Sunman, IN Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Sunman, IN on our real estate platform.

    Sale prices for three-family homes in Sunman, IN average $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 6,148
    Population Growth (5Y) -5.8%
    Median Household Income $86,778
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Sunman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47041 $349K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $43.16 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ripley County

    New Delisted

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