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    12228 Indiana St Leopold, IN 47551

    For Sale
    $285,000

    Retail, Convenience,Food Store,Gas Station,Shopping - Leopold, IN

    Type:Retail
    Lot size:
    0.23 Acres
    Days on Market:
    130
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 12228 Indiana St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen, Office
    Bathrooms
    8
    APN
    62-09-01-308-003.000-003
    Interior features
    Drywall, Wood, 220 Volts, Living Space, Basement, Display Window(s), Office Space, Refrigeration/Freezer
    Exterior features
    220 Volts, Living Space, Basement, Display Window(s), Office Space, Refrigeration/Freezer
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1918
    Floors in Building
    2
    Flooring type
    Carpet, Vinyl, Wood
    Roof type
    Metal
    Architectural style
    Other

    Key Associates Signature Realty (812) 937-4486 [email protected]

    Listing agent Phyllis LaGrange (812) 937-4486 License #RB14044704

    Listing date Jul 29, 2025

    MLS# 202508246 Listing URL

    Copyright © 2025 Southwest Indiana Association 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.

    Overview

    Leopold, IN Country General Store

    Guillaume's Store is a 4,000 sq. ft. country general store in Leopold, Indiana, that has been a community cornerstone since 1959. This turnkey business includes groceries and everyday essentials, gift items and unique finds, a gas pump, and a deli with fresh sandwiches, meats, and ice cream. It also features ample storage and display space. The property includes an attached 2 bed / 1 bath living space, suitable for an on-site owner's residence or a rental unit. Situated on a 0.23-acre lot, this property offers a rare opportunity to own a piece of local history in a welcoming town.
    Property Profile Location Intelligence

    Current Use by Public Records

    Guillaume's Store Convenience Store United States Postal ... Post Office

    Suggested Use

    Restaurant Gym & Fitness Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leopold
    County
    Perry
    State
    Indiana
    Longitude
    -86.583039
    Latitude
    38.104738

    FAQs

    What type of property is this?
    Grocery and convenience store - Turnkey general store with living space in Leopold, Indiana.
    Where is this grocery and convenience store located?
    The property is located at 12228 Indiana St Leopold, IN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Turnkey Business Opportunity: Ready for immediate takeover with existing inventory and operations.; - Dual Income Potential: Includes a fully operational general store and an attached 2 bed/1 bath living space.; - Established Business: A long-standing and well-known business in the Leopold community since 1959.
    (812) 937-4486
    Request Owner's contact information
    12228 Indiana St Leopold, IN 47551
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    Leopold, IN 47551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12228 Indiana St Leopold, IN 47551
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