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1632 S State Road 101 Dillsboro, IN 47018

4.72
Acres
$425,000
MLS# 205155
0
4.72 AC
1/37
    2/37
    3/37

    More About 1632 S State Road 101

    4.7 acres in a high visibility location at the intersection of US 50 & SR 101 with a daily traffic count of 9,722. The highest and best use of the site will be the eventual redevelopment for another commercial use; would be an excellent location for a large gas station and convenience store. Until then, the property has multiple income sources with 3 buildings. Building 1 is two units in excellent condition with a residential apartment on the first floor and a professional office on the second floor totaling 1,287 sq ft. Building 2 needs some work but is a 2,400 sq ft muti-purpose single story that could be used for retail, office or warehouse. Building 3 is 784 sq ft and is divided up into 10 mini self-storage units, all with exterior access. All of the units on the property are currently vacant allowing the next owner to set it up however they desire! Septic needs replaced, .28 acres adjacent to the US 50 / SR 101 intersection is owned by the State of Indiana and does not convey.

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    Directions to this Listing

    : Property at the corner of US 50 and SR 101 between Versailles, Dillsboro and Milan

    Information Refreshed: 10/11/2026 10:27 AM

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    Property Details

    • MLS#:

      205155
    • Type:

      Commercial Investment
    • County:

      Ripley
    • Age:

      81
    • Construction:

      Wood Siding, Metal Siding
    • Cooling:

      Central Air
    • Flooring:

      Concrete, Tile, Carpet
    • Gas:

      Natural
    • Heat:

      Forced Air, Gas, Individual
    • Lot Description:

      4.719 acres
    • Parking:

      Concrete, Gravel, On Street
    • Sewer:

      Septic Tank
    • Water:

      Public
    This listing courtesy of Andrew Lohmiller (812) 584-6880 , Lohmiller Real Estate (812) 537-1023

    Frequently Asked Questions

    How much does 1632 S State Road 101 cost?
    1632 S State Road 101, Dillsboro, IN is listed at $425,000.
    What type of property is 1632 S State Road 101?
    1632 S State Road 101 is a Commercial Investment with 4.72 acres.
    Is 1632 S State Road 101 still available?
    1632 S State Road 101 is currently listed as Active.

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    IN•47018•Ripley County•Dillsboro•1632 S State Road 101

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    The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the Southeastern Indiana MLS (SEIMLS).Those listings held by brokerage firms other than Sibcy Cline, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Copyright© 2026 Southeastern Indiana MLS (SEIMLS). Information deemed reliable, but not guaranteed.