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Lapel, IN

Office

Lapel, IN Office Spaces for Sale

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Noblesville, IN Anderson, IN Pendleton, IN Fishers, IN Elwood, IN Ingalls, IN Cicero, IN Fortville, IN

Downtown Storefront Property

Updated: Jul 25

Downtown Storefront Property

226 E Pendleton Ave, Lapel, IN 46051

$295,000

1,770 sqft 0.13 AC lot

1,770‑square‑foot commercial building on a 5,576‑square‑foot lot
C2 Downtown Commercial zoning
Constructed in 1947
226 E. Pendleton Avenue address in downtown Lapel
Uses identified include retail, office, restaurant, cafe, bakery, and professional services

This listing looks promising.

Here's a quick look at some key insights for

226 E Pendleton Ave, Lapel, IN

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$23K
Annual
Mortgage

$196K
Aug 2023
Last Sold

Jun 2020
$1K

View Property Analytics

Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Zoned Industrial Office Building Suites

Zoned Industrial Office Building Suites

2903-2915 Enterprise Drive, Anderson, IN 46013

$2,500,000

3.65 AC lot

Office building with available suites and ample on-site parking, zoned I-3 for flexible professional use.

Commercial Land with Existing Improvements

Commercial Land with Existing Improvements

13455 State Rte 38 State Rte 38, Noblesville, IN 46060

$2,295,000

16.94 AC lot

C-3 commercial land includes office space and four storage buildings for interim use or future redevelopment.

Owner-User Office Building

Owner-User Office Building

7311 Quality Cir, Anderson, IN 46013

Contact for pricing

21,880 sqft

For sale office building offering immediate access to I-69.

Office Building

Office Building

14460 Getz Road, Noblesville, IN 46060

Contact for pricing

Office building offered for sale with approximately 12,000 SF of space.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

5 Acres of Land

5 Acres of Land

720 W State St, Pendleton, IN 46064

Contact for pricing

5.00 AC lot

5 acres of land available for sale.

Vacant Commercial Land in Business Park

Vacant Commercial Land in Business Park

15380 Endeavor Drive, Noblesville, IN 46060

$599,900

1.96 AC lot

Nearly two acres of vacant land in an industrial park, zoned CCPD for suitable commercial development.

Commercial Land Building Site

Commercial Land Building Site

15270 Endeavor Drive, Noblesville, IN 46060

$399,000

0.67 AC lot

Fully developed lot in a new office park, ready for an owner-occupied or built-to-suit office development.

Developed Office Park Building Site

Developed Office Park Building Site

15290 Endeavor Drive, Noblesville, IN 46060

$349,000

0.52 AC lot

Fully developed lot in an office park, ready for a new office building with convenient access to major roads.

Off-Market Properties in Lapel, IN

Consider similar Off-Market properties in Lapel, 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.

825 Main St

OFFICE (GENERAL)

825 Main St, Lapel, IN 46051-9609

$250,000

Estimated value

2,232 sqft 0.03 AC lot

520 11th St

OFFICE (GENERAL)

520 11th St, Lapel, IN 46051-5586

$65,000

Estimated value

1,664 sqft 0.11 AC lot

631 Main St

OFFICE (GENERAL)

631 Main St, Lapel, IN 46051-5542

$225,000

Estimated value

3,190 sqft 0.02 AC lot

1520 Main St

OFFICE (GENERAL)

1520 Main St, Lapel, IN 46051-9686

$2,700,000

Estimated value

473 sqft 1.83 AC lot

9967 State Rd 32

MEDICAL BUILDING

9967 State Rd 32, Lapel, IN 46051-9616

$240,000

Estimated value

1,508 sqft 0.69 AC lot

720 Frd St

OFFICE (GENERAL)

720 Frd St, Lapel, IN 46051-5563

$355,000

Estimated value

1,672 sqft 0.28 AC lot

705 Main St

OFFICE (GENERAL)

705 Main St, Lapel, IN 46051-5543

$55,000

Estimated value

384 sqft 0.10 AC lot

State Rd 13

OFFICE (GENERAL)

State Rd 13, Lapel, IN 46051

$505,000

Estimated value

171,416 sqft 2.06 AC lot

5309 State Rd 13

OFFICE (GENERAL)

5309 State Rd 13, Lapel, IN 46051-9769

$230,000

Estimated value

988 sqft 1.14 AC lot

3308 State Rd 13

OFFICE (GENERAL)

3308 State Rd 13, Lapel, IN 46051-9737

$960,000

Estimated value

7,576 sqft 4.00 AC lot

1675 Main St

MEDICAL BUILDING

1675 Main St, Lapel, IN 46051-9671

$335,000

Estimated value

7,011 sqft 1.74 AC lot

801 Main St

OFFICE (GENERAL)

801 Main St, Lapel, IN 46051-9609

$255,000

Estimated value

6,576 sqft 0.21 AC lot

217 7th St

OFFICE (GENERAL)

217 7th St, Lapel, IN 46051-9579

$425,000

Estimated value

24,826 sqft 0.20 AC lot

13 Sr

OFFICE (GENERAL)

13 Sr, Lapel, IN 46051

$430,000

Estimated value

1,300 sqft 1.45 AC lot

Lapel, IN Office Spaces Market Trends and Statistics

Explore 15 office spaces for sale in Lapel, IN on our real estate platform. These investment opportunities span a total of 1,770 square feet of properties for sale, with an estimated market value of $295,000.

Sale prices for office spaces in Lapel, IN average $295,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,857

Population Growth (5Y) +3.7%

Median Household Income $77,411

College Educated 38.0%

Taxes & Financing

Tax Rate (average for all types) 2.64%

Property Tax per SF $37.55 per SF

Tax Rate vs County Average 0.09 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

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