8575 E Old State Rd 350 $149,500


    8575 E Old State Rd 350 Milan, IN 47031

    • 0.45 Acres
    • Commercial
    • MLS# 191181
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    Views: 54 Days On Market: 232

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    Property Details

    The perfect location for your business or office which may be convertible to a multi-family apartment building. A great opportunity is yours with this spacious building conveniently located to both Dearborn and Ripley counties. Property was built as a physician office and recently has been the location of a law office. The building could easily be converted to an office for other types of businesses. Currently there is a reception room, two private offices, three examining rooms, with non-load bearing walls - these rooms could be three additional offices, a lab area, a large office area for office personnel, a treatment room, kitchen and a full handicapped bathroom and three one-half bathrooms, a storage room and utility room. Buyers are referred to the Ripley County, IN Planning Commission for other uses for this building in order to determine the possibility to convert to a multi-unit apartment. There is ample parking at the front of the building on the blacktopped parking area.

    • General Features
      • County Ripley
      • Historical Dist Y/N No
      • Year Built 1980
    • Building Features
      • Cooling Central Air
      • Construction Brick
      • Basement Y/N No
      • Roof Shingle
      • Three Quarter Bathrooms 0
      • Levels One
      • Foundation Slab
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Heating Electric
      • Gas None
    • Property Features
      • Road Surface Blacktop
      • Acres 0.4499
      • Lot Measurement Acres
      • Lot Square Footage 19598
      • Sewer Septic Tank


    • Cinch Home Services
    • HSA Home Warranty


    47031 (Milan) Demographics

    46 Median Age
    85 Population Density (per sq. mile)
    21% College Educated
    $51,544 Estimated Median Income
    1,665 Estimated Total Home Owners
    410 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    5,234 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $70,000 Median Sales Price
    1 Homes Sold
    3 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $149,500
        8/14/2019 1:05:00 AM New in Database Source

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.