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Fairmount, IN

Fairmount, IN Commercial Real Estate for Sale

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Summitville, IN Jonesboro, IN Gas City, IN Marion, IN Gaston, IN Matthews, IN Upland, IN Alexandria, IN

Grocery/Commercial Building with Dock

Updated: Jun 26

Grocery/Commercial Building with Dock

201 N Main St, Fairmount, IN 46928

$999,000

10,908 sqft

10,908 SF commercial building on Main Street in Fairmount, Indiana, currently operating as a grocery store.
Over one acre with ample parking for customers and employees.
Loading dock for shipping and receiving.
Well‑maintained property with no known issues with the building or its mechanical systems (per seller).
Centrally located with about 10 minutes to Interstate 69 for access to Central Indiana markets.

This listing looks promising.

Here's a quick look at some key insights for

201 N Main St, Fairmount, IN

View Property Analytics

Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$78K
Annual
Mortgage

$500K
Jun 2025
Last Sold

Sep 2019
$30K
Property Type

Grocery, Supermarket
Built 1919

View Property Analytics

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmount, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Retail Storefront Building

Leased Retail Storefront Building

116 E Main St, Gas City, IN 46933

$115,000

1,276 sqft

A B-1 zoned retail storefront building with a reception area, office/workspace, and display windows, currently leased.

Historic Mixed-Use Building

Historic Mixed-Use Building

234-244 E Main St, Gas City, IN 46933

$995,000

19,000 sqft

Downtown property combines leased storefronts with renovated apartments, historic finishes, and additional residential space for future buildout.

Working Farm Tract with Income

Working Farm Tract with Income

0 W 1900 N, Summitville, IN 46070

$1,450,000

100.00 AC lot

Approximately 80 acres are in production under a crop-share agreement, with additional conservation acreage and leased land.

Agricultural Land Tract

Agricultural Land Tract

TBD E 1200 S, Summitville, IN 46070

$1,450,000

For-sale farmland tract located on E 1200 S in Summitville, Indiana.

Off-Market Properties in Fairmount, IN

Consider similar Off-Market properties in Fairmount, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8123 100th E

COMMERCIAL (GENERAL)

8123 100th E, Fairmount, IN 46928-9000

$255,000

Estimated value

12.36 AC lot

124 Washington St

RETAIL STORES (PERSONAL SERVICES)

124 Washington St, Fairmount, IN 46928-1953

$150,000

Estimated value

960 sqft 0.06 AC lot

420 Elm St

PARKING GARAGE, PARKING STRUCTURE

420 Elm St, Fairmount, IN 46928-1460

$205,000

Estimated value

1,500 sqft 0.13 AC lot

201 Main St

GROCERY, SUPERMARKET

201 Main St, Fairmount, IN 46928-1629

$325,000

Estimated value

10,908 sqft 1.11 AC lot

112 Main St

RETAIL STORES (PERSONAL SERVICES)

112 Main St, Fairmount, IN 46928-1923

$265,000

Estimated value

3,400 sqft 0.04 AC lot

112 Main St

PARKING LOT

112 Main St, Fairmount, IN 46928-1923

$245,000

Estimated value

0.02 AC lot

9240 800th W

INDUSTRIAL (GENERAL)

9240 800th W, Fairmount, IN 46928-9760

$270,000

Estimated value

280 sqft 4.50 AC lot

121 Main St

COMMERCIAL (GENERAL)

121 Main St, Fairmount, IN 46928-1655

$235,000

Estimated value

1,666 sqft 0.06 AC lot

614 Madison St

AUTO REPAIR, GARAGE

614 Madison St, Fairmount, IN 46928-1834

$260,000

Estimated value

2,640 sqft 0.45 AC lot

321 Washington St

APARTMENT HOUSE (UNDER 5 UNITS)

321 Washington St, Fairmount, IN 46928-1750

$230,000

Estimated value

2,880 sqft 0.40 AC lot

6th St

STORAGE YARD, OPEN STORAGE

6th St, Fairmount, IN 46928

$275,000

Estimated value

2,550 sqft 2.14 AC lot

4th St

INDUSTRIAL - VACANT LAND

4th St, Fairmount, IN 46928

$260,000

Estimated value

0.69 AC lot

201 Elm St

INDUSTRIAL (GENERAL)

201 Elm St, Fairmount, IN 46928

$270,000

Estimated value

0.24 AC lot

301 Elm St

COMMERCIAL (GENERAL)

301 Elm St, Fairmount, IN 46928-1459

$615,000

Estimated value

28,016 sqft 0.80 AC lot

414 Elm St

COMMERCIAL (GENERAL)

414 Elm St, Fairmount, IN 46928-1460

$235,000

Estimated value

3,216 sqft 0.50 AC lot

301 Elm St

PARKING GARAGE, PARKING STRUCTURE

301 Elm St, Fairmount, IN 46928-1459

$255,000

Estimated value

0.40 AC lot

11880 100th E

MOBILE HOME PARK, TRAILER PARK

11880 100th E, Fairmount, IN 46928-9437

$265,000

Estimated value

11.42 AC lot

301 Washington St

COMMERCIAL (GENERAL)

301 Washington St, Fairmount, IN 46928-1750

$235,000

Estimated value

5,760 sqft 0.35 AC lot

10760 100th E

MINI-WAREHOUSE, STORAGE

10760 100th E, Fairmount, IN 46928-9326

$250,000

Estimated value

3,000 sqft 3.00 AC lot

502 Factory St

COMMERCIAL (GENERAL)

502 Factory St, Fairmount, IN 46928-1877

$295,000

Estimated value

12,064 sqft 1.65 AC lot

115 Main St

RESTAURANT

115 Main St, Fairmount, IN 46928-1924

$240,000

Estimated value

2,980 sqft 0.07 AC lot

100 Main St

RETAIL STORES (PERSONAL SERVICES)

100 Main St, Fairmount, IN 46928

$290,000

Estimated value

7,970 sqft 0.24 AC lot

122 Main St

OFFICE (GENERAL)

122 Main St, Fairmount, IN 46928-1923

$230,000

Estimated value

3,348 sqft 0.06 AC lot

Fairmount, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Fairmount, IN on our real estate platform. These investment opportunities span a total of 10,908 square feet of properties for sale, with an estimated market value of $999,000.

Sale prices for business properties in Fairmount, IN average $999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,450

Population Growth (5Y) -0.6%

Median Household Income $63,387

College Educated 24.8%

High-Yield Neighborhoods for Investment

Identify Fairmount submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46928	$999K

Taxes & Financing

Tax Rate (average for all types) 2.45%

Property Tax per SF $49.76 per SF

Tax Rate vs County Average 0.09 pp below county avg

Average Loan-to-Value 65.0%

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