Milan IN Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1960
Baths:
MLS#:
203985

ADDITIONAL INFORMATION

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!

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.85 Acres
Year built:
1800
Baths:
MLS#:
202419

ADDITIONAL INFORMATION

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.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1900
Baths:
MLS#:
199535

ADDITIONAL INFORMATION

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.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor SE IN BD REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Southeastern Indiana Board of Realtors. All rights reserved.



Milan Real Estate

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.

Milan Weather

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.

Milan Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    19
    30-day change

Milan Schools and Demographics

Education near Milan, IN

Metric City County
High School Graduates 87.8 90.15
College Degree - 2 year 10.48 10.39
College Degree - 4 year 10.78 19.22
Graduate Degree 4.19 6.53
Expenditures per Student 13,093 13,093
Students per Teacher 13.9 13.9

Elementary Schools near Milan, IN

School Grades Students P/T Ratio ZIP
Jac-Cen-Del Elementary School KG - 06 435 16.7 47037
Milan Elementary School KG - 05 484 19.4 47031
Moores Hill Elementary School KG - 06 161 14.6 47032
South Ripley Elementary School KG - 06 628 14.9 47042
Sunman Elementary School PK - 04 367 15.3 47041

Middle Schools near Milan, IN

School Grades Students P/T Ratio ZIP
Milan Middle School 06 - 08 301 13.1 47031
South Ripley Junior High School 07 - 08 195 9.8 47042

High Schools near Milan, IN

School Grades Students P/T Ratio ZIP
JAC-Cen-Del Ms/HS 07 - 12 407 14 47037
Milan High School 09 - 12 404 15.5 47031
South Ripley High School 09 - 12 355 13.7 47042

Ungraded Schools near Milan, IN

School Grades Students P/T Ratio ZIP
* Southeastern Career Center 09 - 12 0 47042
Ripley-Ohio-Dearborn Center PK - 12 0 47041

Demographics near Milan, IN 47031

Metric Zip Code City
Neighborhood Type Small Town
Population 1,955 28,953
Population Density 977 65
Median Age 41.2 40.6
People per Household 2.5 2.6
Median Household Income 56,250 64,221
Average Income per Capita 25,143 31,762