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Convenience Store Commercial Property
New
For Sale
$225,000

105 W Colonial Street, Kempton, IN 46049

Commercial Sale, Kempton, IN

Property SizeContact for details
Lot Size0.20 Acres
Days on Market2

Property Features for 105 W Colonial Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Parking features On Street
Elementary school Tipton Elementary School
Middle school Tipton Middle School
High school Tipton High School
Elementary school district Tipton Community School Corp
Middle school district Tipton Community School Corp
High school district Tipton Community School Corp
Directions GPS Friendly
Subdivision 8004 - Tipton - Jefferson
Standard status Active
APN 801207501003010004
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Original Plat 22' Off Wh E Sd I:3 B:4
Legal Description Original Plat 22' Off Wh E Sd I:3 B:4

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Well

Building Details

Year built 1940
Floors in Building 1
Roof type Asphalt
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Stephanie Evelo · License #RB14024526
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 3:06PM
MLS# 22121153

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 105 W Colonial Street in Kempton, this commercial property is currently operating as a convenience store. The building dates to 1940 and offers an existing layout that can support continued convenience retail or a small-business concept such as a coffee shop, cafe, carryout, boutique, office, or neighborhood bar, as identified in the property information.

The parcel contains 0.2 acres and carries commercial zoning. Building systems include heat-pump heating and cooling with electric heat, while the structure has an asphalt roof. Water is supplied by a well, and parking is available on the street. The property is situated in Tipton County and is identified with the 46049 postal code.

Key Highlights

  • Currently operating as a convenience store
  • 0.2‑acre commercial parcel in Kempton
  • Commercial zoning

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Carpet & Flooring Store Food Market Farmer's Market Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46049, IN

840
Population
515
Households
1.6
Avg Household Size
44
Median Age
15%
College-Educated
94%
High-School Grad
26.2 sq mi
ZIP Area
32
Density / Sq Mi
$78,523
Median Household Income
$47,500
Median Earnings
$820
Median Rent
$145,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Existing commercial space with heat-pump systems, a well, and on-street parking in Kempton.
Where is this grocery and convenience store located?
The property is located at 105 W Colonial Street Kempton, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Currently operating as a convenience store; 0.2‑acre commercial parcel in Kempton; Commercial zoning
More about this property
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