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    Fairmount, IN
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    Fairmount, IN Retail Properties & Spaces 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.
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 N Main St, Fairmount, IN

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    • 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 49 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmount, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 40 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.

    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.

    View details
    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.

    View details
    Net-Leased Pet Retail Storefront
    Net-Leased Pet Retail Storefront

    4014 S Western Ave, Marion, IN 46953

    Contact for pricing

    Individually parceled net lease PetSmart location with 3.5-year term remaining and multiple renewal options.

    View details
    Retail Redevelopment Corner Lot
    Retail Redevelopment Corner Lot

    1310 W 38th St, Marion, IN 46953

    Contact for pricing

    Hard-corner retail site with multiple curb cuts and approximately 259 feet of frontage on S. Western Avenue.

    View details

    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.

    Commercial Land at Signalized Corner
    Commercial Land at Signalized Corner

    45 S 600 E Street, Marion, IN 46953

    $425,000
    1.16 AC lot

    Commercial land with approved zoning for gas stations, restaurants, and hotels.

    View details
    Commercial Land with Highway Visibility
    Commercial Land with Highway Visibility

    6076 E Corridor Drive, Marion, IN 46953

    $1,100,152
    3.05 AC lot

    Commercial land positioned near Ivy Tech, a Pilot truck stop, and an Arby’s restaurant.

    View details
    Business-Zoned Commercial Land
    Business-Zoned Commercial Land

    N Morrison Road, Muncie, IN 47304

    $375,000
    3.68 AC lot

    Two adjacent development parcels offer flexible commercial land use near retail, medical, and hotel properties.

    View details
    Commercial Land in Muncie, IN
    Commercial Land in Muncie, IN

    Hessler Road, Muncie, IN 47304

    $300,000
    0.97 AC lot

    0.97 acre commercial land with variety business zoning.

    View details

    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.

    124 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    124 Washington St, Fairmount, IN 46928-1953

    $150,000
    Estimated value
    960 sqft 0.06 AC lot
    View details
    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
    View details
    201 Main St
    GROCERY, SUPERMARKET

    201 Main St, Fairmount, IN 46928-1629

    $325,000
    Estimated value
    10,908 sqft 1.11 AC lot
    View details
    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
    View details
    112 Main St
    PARKING LOT

    112 Main St, Fairmount, IN 46928-1923

    $245,000
    Estimated value
    0.02 AC lot
    View details
    614 Madison St
    AUTO REPAIR, GARAGE

    614 Madison St, Fairmount, IN 46928-1834

    $260,000
    Estimated value
    2,640 sqft 0.45 AC lot
    View details
    301 Elm St
    PARKING GARAGE, PARKING STRUCTURE

    301 Elm St, Fairmount, IN 46928-1459

    $255,000
    Estimated value
    0.40 AC lot
    View details
    115 Main St
    RESTAURANT

    115 Main St, Fairmount, IN 46928-1924

    $240,000
    Estimated value
    2,980 sqft 0.07 AC lot
    View details
    100 Main St
    RETAIL STORES (PERSONAL SERVICES)

    100 Main St, Fairmount, IN 46928

    $290,000
    Estimated value
    7,970 sqft 0.24 AC lot
    View details
    915 Main St
    PARKING GARAGE, PARKING STRUCTURE

    915 Main St, Fairmount, IN 46928-1057

    $255,000
    Estimated value
    2,520 sqft 1.18 AC lot
    View details
    824 Ml St
    RESTAURANT

    824 Ml St, Fairmount, IN 46928-1040

    $255,000
    Estimated value
    1,344 sqft 0.52 AC lot
    View details
    1691 900th S
    RETAIL STORES (PERSONAL SERVICES)

    1691 900th S, Fairmount, IN 46928-9349

    $275,000
    Estimated value
    2,910 sqft 0.76 AC lot
    View details
    123 Main St
    RETAIL STORES (PERSONAL SERVICES)

    123 Main St, Fairmount, IN 46928-1655

    $230,000
    Estimated value
    1,382 sqft 0.08 AC lot
    View details
    704 Main St
    RETAIL STORES (PERSONAL SERVICES)

    704 Main St, Fairmount, IN 46928-1337

    $160,000
    Estimated value
    1,208 sqft 0.12 AC lot
    View details
    110 Main St
    RETAIL STORES (PERSONAL SERVICES)

    110 Main St, Fairmount, IN 46928-1923

    $160,000
    Estimated value
    997 sqft 0.05 AC lot
    View details
    515 1st St
    SHOW ROOM, WAREHOUSE

    515 1st St, Fairmount, IN 46928-1710

    $265,000
    Estimated value
    0.20 AC lot
    View details
    407 Washington St
    RESTAURANT

    407 Washington St, Fairmount, IN 46928-1960

    $315,000
    Estimated value
    14,700 sqft 2.38 AC lot
    View details
    203 8th St
    RETAIL STORES (PERSONAL SERVICES)

    203 8th St, Fairmount, IN 46928-1014

    $270,000
    Estimated value
    7,620 sqft 0.83 AC lot
    View details
    217 Main St
    RETAIL STORES (PERSONAL SERVICES)

    217 Main St, Fairmount, IN 46928-1926

    $280,000
    Estimated value
    6,027 sqft 0.24 AC lot
    View details
    120 Main St
    RESTAURANT

    120 Main St, Fairmount, IN 46928-1654

    $260,000
    Estimated value
    1,676 sqft 0.38 AC lot
    View details
    116 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    116 Washington St, Fairmount, IN 46928-1953

    $270,000
    Estimated value
    2,862 sqft 0.20 AC lot
    View details
    224 Washington St
    AUTO REPAIR, GARAGE

    224 Washington St, Fairmount, IN 46928-1955

    $410,000
    Estimated value
    7,242 sqft 0.52 AC lot
    View details
    725 Sycamore St
    RETAIL STORES (PERSONAL SERVICES)

    725 Sycamore St, Fairmount, IN 46928

    $255,000
    Estimated value
    0.38 AC lot
    View details

    Fairmount, IN Retail Properties & Spaces Market Trends and Statistics

    Explore 41 retail properties & spaces 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 stores 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 1

    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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