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    Fairmount, IN
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    Fairmount, IN Retail Properties & Spaces for Sale

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    Gas City, IN Marion, IN Gaston, IN Alexandria, IN Hartford City, IN Elwood, IN Yorktown, IN Muncie, 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.

    Four-Bay Self-Service Car Wash
    Four-Bay Self-Service Car Wash

    222 E Water Street, Alexandria, IN 46001

    $145,000
    0.26 AC lot

    For sale four-bay self-service car wash with recent updates, positioned for continued operation under B2-Comm zoning.

    View details
    Automotive Service Shop with Retail Front
    Automotive Service Shop with Retail Front

    2021 S Western Avenue, Marion, IN 46953

    $229,900
    0.35 AC lot

    Zoned GB General Business with retail front area and a rear overhead-door service area.

    View details
    Retail Building For Sale
    Retail Building For Sale

    202 N Harrison St, Alexandria, IN 46001

    $551,375
    4,411 sqft

    4,411 SF retail building available for purchase.

    View details
    Restaurant Pad Site For Sale
    Restaurant Pad Site For Sale

    3148 S Western Ave, Marion, IN

    Contact for pricing
    7,675 sqft 1.42 AC lot

    High-visibility restaurant pad site with strong co-tenants.

    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.

    Zoned Corner Commercial Land
    Zoned Corner Commercial Land

    45 S 600 E Street, Marion, IN 46953

    $425,000
    1.16 AC lot

    Corner lot with zoning approved for gas stations, restaurants, and hotels, including access via a traffic signal.

    View details
    Commercial Corner Development Land
    Commercial Corner Development Land

    6076 E Corridor Drive, Marion, IN 46953

    $1,100,152
    3.05 AC lot

    Corner commercial land near I-69 offers visibility for planned hotel or restaurant development in Marion, Indiana.

    View details
    Business-Zoned Development Land
    Business-Zoned Development Land

    N Morrison Road, Muncie, IN 47304

    $375,000
    3.68 AC lot

    Two parcels totaling 3.68 acres, zoned for Business variety, offered separately or together for development flexibility.

    View details
    Corner Lot with Garage
    Corner Lot with Garage

    4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

    $200,000
    1.80 AC lot

    1.8-acre corner parcel north of Wheeling Ave with a garage in place and frontage near a shopping center.

    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

    Value Estimation by Request
    960 sqft 0.06 AC lot
    View details
    420 Elm St
    PARKING GARAGE, PARKING STRUCTURE

    420 Elm St, Fairmount, IN 46928-1460

    Value Estimation by Request
    1,500 sqft 0.13 AC lot
    View details
    201 Main St
    GROCERY, SUPERMARKET

    201 Main St, Fairmount, IN 46928-1629

    Value Estimation by Request
    10,908 sqft 1.11 AC lot
    View details
    112 Main St
    RETAIL STORES (PERSONAL SERVICES)

    112 Main St, Fairmount, IN 46928-1923

    Value Estimation by Request
    3,400 sqft 0.04 AC lot
    View details
    112 Main St
    PARKING LOT

    112 Main St, Fairmount, IN 46928-1923

    Value Estimation by Request
    0.02 AC lot
    View details
    614 Madison St
    AUTO REPAIR, GARAGE

    614 Madison St, Fairmount, IN 46928-1834

    Value Estimation by Request
    2,640 sqft 0.45 AC lot
    View details
    301 Elm St
    PARKING GARAGE, PARKING STRUCTURE

    301 Elm St, Fairmount, IN 46928-1459

    Value Estimation by Request
    0.40 AC lot
    View details
    115 Main St
    RESTAURANT

    115 Main St, Fairmount, IN 46928-1924

    Value Estimation by Request
    2,980 sqft 0.07 AC lot
    View details
    100 Main St
    RETAIL STORES (PERSONAL SERVICES)

    100 Main St, Fairmount, IN 46928

    Value Estimation by Request
    7,970 sqft 0.24 AC lot
    View details
    915 Main St
    PARKING GARAGE, PARKING STRUCTURE

    915 Main St, Fairmount, IN 46928-1057

    Value Estimation by Request
    2,520 sqft 1.18 AC lot
    View details
    824 Ml St
    RESTAURANT

    824 Ml St, Fairmount, IN 46928-1040

    Value Estimation by Request
    1,344 sqft 0.52 AC lot
    View details
    1691 900th S
    RETAIL STORES (PERSONAL SERVICES)

    1691 900th S, Fairmount, IN 46928-9349

    Value Estimation by Request
    2,910 sqft 0.76 AC lot
    View details
    123 Main St
    RETAIL STORES (PERSONAL SERVICES)

    123 Main St, Fairmount, IN 46928-1655

    Value Estimation by Request
    1,382 sqft 0.08 AC lot
    View details
    704 Main St
    RETAIL STORES (PERSONAL SERVICES)

    704 Main St, Fairmount, IN 46928-1337

    Value Estimation by Request
    1,208 sqft 0.12 AC lot
    View details
    110 Main St
    RETAIL STORES (PERSONAL SERVICES)

    110 Main St, Fairmount, IN 46928-1923

    Value Estimation by Request
    997 sqft 0.05 AC lot
    View details
    515 1st St
    SHOW ROOM, WAREHOUSE

    515 1st St, Fairmount, IN 46928-1710

    Value Estimation by Request
    0.20 AC lot
    View details
    407 Washington St
    RESTAURANT

    407 Washington St, Fairmount, IN 46928-1960

    $640,000
    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

    Value Estimation by Request
    7,620 sqft 0.83 AC lot
    View details
    217 Main St
    RETAIL STORES (PERSONAL SERVICES)

    217 Main St, Fairmount, IN 46928-1926

    Value Estimation by Request
    6,027 sqft 0.24 AC lot
    View details
    120 Main St
    RESTAURANT

    120 Main St, Fairmount, IN 46928-1654

    Value Estimation by Request
    1,676 sqft 0.38 AC lot
    View details
    116 Washington St
    RETAIL STORES (PERSONAL SERVICES)

    116 Washington St, Fairmount, IN 46928-1953

    Value Estimation by Request
    2,862 sqft 0.20 AC lot
    View details
    224 Washington St
    AUTO REPAIR, GARAGE

    224 Washington St, Fairmount, IN 46928-1955

    $510,000
    Estimated value
    7,242 sqft 0.52 AC lot
    View details
    725 Sycamore St
    RETAIL STORES (PERSONAL SERVICES)

    725 Sycamore St, Fairmount, IN 46928

    Value Estimation by Request
    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 start at $999,000, averaging $999,000, and reaching up to $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%

    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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