Unbeatable Commercial Opportunity with Prime Living Space on SR 101 in Milan, IN! Step into your next big adventure with this fantastic commercial property on high-traffic SR 101 in Milan! This standout location offers unmatched visibility, making it the perfect launchpad for your business dreams. With expansive square footage for endless business possibilities and a stylish 1,500 sq ft living space, you can live, work, or even rent it out to reduce your monthly costs. Picture your business thriving in this dynamic spot, with the added bonus of living on-site or creating an income stream. If you're looking for the ultimate property to make your mark, this is the one to jump on!
Exciting opportunity awaits to start your own business, fresh from the ground up! Commercial building lot zoned Local Business. Located in the heart of the busiest & highest traffic area of town! Utilities available. Property runs from N. Main St across to SR 101, allowing road frontage on Main St & SR 101.
NEW ROOF: FEB 22,2024! If these walls could talk...Original Milan Theater is for sale. Brick Commercial Building on intown Lot. Presently Leased to 2 Tenants. First Floor is leased to a Manufacturing Business at $800/per month. The Upstairs Apartment is leased at $600/per month. Tenants pay Utilities-Separate Electric & Gas Meters and Tenants split the water & sewer bill. So much history with this building and located around the corner from the Milan 1954 Museum! Agents: Please set appointments through Showing Time and allow ample time to notify the 2 Tenants. No Lockbox.
The median home value in Milan, IN is $225,500. This is lower than the county median home value of $243,500. The national median home value is $338,100. The average price of homes sold in Milan, IN is $225,500. Approximately 65.33% of Milan homes are owned, compared to 28.72% rented, while 5.95% are vacant. Milan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Milan real estate agent to arrange a tour today!
Milan, Indiana 47031 has a population of 1,955. Milan 47031 is less family-centric than the surrounding county with 27.92% of the households containing married families with children. The county average for households married with children is 28.66%.
The median household income in Milan, Indiana 47031 is $56,250. The median household income for the surrounding county is $64,221 compared to the national median of $69,021. The median age of people living in Milan 47031 is 41.2 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 45.4 inches per year, with 15.3 inches of snow per year.