# 106 Franklin Street, Milan, IN 47031

> **TL;DR:** commercial, $127,000, built 1900. Est. $679/mo. Listed 333 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $127,000 |
| Year Built | 1900 |
| Lot Size | 5,401 sqft (0.12 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 333 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $642 |
| Estimated Insurance | $37 |
| **Total** | **$679** |

## Property Highlights

- Built in 1900
- 0.12 acre lot

## Description

### Agent Description
Brick Commercial Building is fully leased with 2 Tenants. First Floor Tenant pays $850/per month plus utilities & insurance. Second Floor Apartment pays $650/per month plus utilities & insurance. Seller installed new metal roof in 2024. This building is the Original Milan Theater with the original slanted floors intact and the second floor had a space for the movie projector which is now gone. Bring your qualified buyers for this Brick 2 story commercial building.

## Location

- **Address:** 106 Franklin Street, Milan, IN 47031
- **County:** Ripley

## Listing Agent

- **Name:** Eric Ginder
- **Brokerage:** RE/MAX Victory & Affiliates
- **Broker Phone:** 9376208484

## Photos

![106 Franklin Street - Photo 1](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f2988246115r.jpg)

![106 Franklin Street - Photo 2](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f212134490r.jpg)

![106 Franklin Street - Photo 3](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f597635853r.jpg)

![106 Franklin Street - Photo 4](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f359358014r.jpg)

![106 Franklin Street - Photo 5](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f3050403165r.jpg)

![106 Franklin Street - Photo 6](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f1174900544r.jpg)

![106 Franklin Street - Photo 7](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f2274038534r.jpg)

![106 Franklin Street - Photo 8](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f1057925213r.jpg)

![106 Franklin Street - Photo 9](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f3038258232r.jpg)

![106 Franklin Street - Photo 10](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f710183590r.jpg)

![106 Franklin Street - Photo 11](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f2007598165r.jpg)

![106 Franklin Street - Photo 12](http://lh.rdcpix.com/fef7704dc6367d994cf2fafd4f7dd9c6l-f597635853r.jpg)

---

**MLS#:** 206501 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Southeastern Indiana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/106-franklin-street-milan-in-47031-19d2849034b04a92b70465d0cdb6eb8c)

---

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