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    Lapel, IN Retail Properties & Spaces for Sale

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    Anderson, IN Noblesville, IN Fishers, IN Pendleton, IN Fortville, IN Elwood, IN Cicero, IN Mccordsville, IN
    Downtown Storefront Property
    Updated: Aug 10
    Downtown Storefront Property

    226 Pendleton Avenue, Lapel, IN 46051

    $245,000
    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
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 34 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.

    Mixed-Use Building with Canopy
    Mixed-Use Building with Canopy

    809 8th Street, Anderson, IN 46012

    $275,000
    2,430 sqft

    Flexible commercial building with updated systems, prominent signage, and access from two streets.

    View details
    Mixed-Use Building with Multiple Bays
    Mixed-Use Building with Multiple Bays

    5982 W State Road 32, Anderson, IN 46011

    $875,000
    1.66 AC lot

    Commercial zoning, vehicle-service space, and upper-level living quarters create a flexible existing configuration.

    View details
    Pendleton Light Industrial Land Opportunity
    Pendleton Light Industrial Land Opportunity

    8622 S State Rd 67, Pendleton, IN 46064

    Contact for pricing
    1,783 sqft 10.82 AC lot

    10.82-acre light industrial property with expansion potential in Pendleton, Indiana.

    View details
    Retail Property in Pendleton, IN
    Retail Property in Pendleton, IN

    3015 W US Highway 36, Pendleton, IN

    Contact for pricing
    12.36 AC lot

    Retail property available for sale in Pendleton, Indiana.

    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.

    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.

    View details
    Planned Business Commercial Land
    Planned Business Commercial Land

    4844 Conner Street, Noblesville, IN 46060

    $1,799,000
    2.20 AC lot

    PB-zoned parcel positioned along the SR 38 and SR 32 corridor.

    View details
    Industrial Land Parcel
    Industrial Land Parcel

    15380 Endeavor Drive, Noblesville, IN 46060

    $599,900
    1.96 AC lot

    Vacant development parcel with CCPD zoning and public sewer service.

    View details
    Commercial Corner Land
    Commercial Corner Land

    1742 Meridian Street, Anderson, IN 46016

    $250,000
    1.68 AC lot

    Corner commercial land with I-1 and B-1 zoning, public sewer, and natural gas availability.

    View details

    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.

    1700 Main St
    CONVENIENCE STORE

    1700 Main St, Lapel, IN 46051-9670

    Estimated value:
    $310,000
    2,869 sqft 3.40 AC lot
    View details
    201 Pendleton Ave
    RETAIL STORES (PERSONAL SERVICES)

    201 Pendleton Ave, Lapel, IN 46051-5546

    Estimated value:
    $70,000
    566 sqft 0.07 AC lot
    View details
    806 Woodward St
    RETAIL STORES (PERSONAL SERVICES)

    806 Woodward St, Lapel, IN 46051-5564

    Estimated value:
    $265,000
    2,988 sqft 0.14 AC lot
    View details
    1321 Main St
    RETAIL STORES (PERSONAL SERVICES)

    1321 Main St, Lapel, IN 46051-9673

    Estimated value:
    $185,000
    1,712 sqft 0.40 AC lot
    View details
    706 Main St
    RETAIL STORES (PERSONAL SERVICES)

    706 Main St, Lapel, IN 46051

    Estimated value:
    $310,000
    11,088 sqft 0.19 AC lot
    View details
    310 11th St
    PARKING GARAGE, PARKING STRUCTURE

    310 11th St, Lapel, IN 46051-9771

    Estimated value:
    $190,000
    3,330 sqft 0.14 AC lot
    View details
    1020 Main St
    RESTAURANT

    1020 Main St, Lapel, IN 46051-9773

    Estimated value:
    $255,000
    2,580 sqft 0.20 AC lot
    View details
    Lapel, IN 46051
    RETAIL STORES (PERSONAL SERVICES)

    Lapel, IN 46051

    Estimated value:
    $250,000
    1,416 sqft 11.60 AC lot
    View details
    226 Pendleton Ave
    RETAIL STORES (PERSONAL SERVICES)

    226 Pendleton Ave, Lapel, IN 46051-5546

    Estimated value:
    $170,000
    1,770 sqft 0.13 AC lot
    View details
    904 Main St
    RETAIL STORES (PERSONAL SERVICES)

    904 Main St, Lapel, IN 46051-5537

    Estimated value:
    $285,000
    5,404 sqft 0.10 AC lot
    View details
    732 8th St
    RETAIL STORES (PERSONAL SERVICES)

    732 8th St, Lapel, IN 46051

    Estimated value:
    $265,000
    1,125 sqft 0.14 AC lot
    View details
    602 Pendleton Ave
    RESTAURANT

    602 Pendleton Ave, Lapel, IN 46051

    Estimated value:
    $155,000
    3,108 sqft 0.14 AC lot
    View details
    2799 State Rd 13
    CONVENIENCE STORE

    2799 State Rd 13, Lapel, IN 46051-9659

    Estimated value:
    $1,145,000
    3,360 sqft 1.25 AC lot
    View details
    22 Pendleton Ave
    AUTO REPAIR, GARAGE

    22 Pendleton Ave, Lapel, IN 46051-5547

    Estimated value:
    $180,000
    1,375 sqft 0.19 AC lot
    View details
    732 Main St
    RESTAURANT

    732 Main St, Lapel, IN 46051-5543

    Estimated value:
    $245,000
    2,612 sqft 0.06 AC lot
    View details
    732 Main St
    RESTAURANT

    732 Main St, Lapel, IN 46051-5543

    Estimated value:
    $250,000
    0.12 AC lot
    View details
    901 Main St
    RETAIL STORES (PERSONAL SERVICES)

    901 Main St, Lapel, IN 46051

    Estimated value:
    $135,000
    963 sqft 0.15 AC lot
    View details
    908 Main St
    RESTAURANT

    908 Main St, Lapel, IN 46051-5537

    Estimated value:
    $270,000
    3,360 sqft 0.10 AC lot
    View details
    1510 Vine St
    AUTO REPAIR, GARAGE

    1510 Vine St, Lapel, IN 46051

    Estimated value:
    $1,090,000
    12,984 sqft 4.71 AC lot
    View details
    301 Pendleton Ave
    RETAIL STORES (PERSONAL SERVICES)

    301 Pendleton Ave, Lapel, IN 46051-9661

    Estimated value:
    $295,000
    5,000 sqft 1.50 AC lot
    View details
    815 Main St
    RESTAURANT

    815 Main St, Lapel, IN 46051-9609

    Estimated value:
    $275,000
    4,368 sqft 0.15 AC lot
    View details
    620-690 Pendleton Ave
    Retail properties & Spaces

    620-690 Pendleton Ave, Lapel, IN 46051

    Estimated value:
    No data
    2,800 sqft
    View details
    620 Pendleton Ave
    SHOPPING CENTER, STRIP CENTER

    620 Pendleton Ave, Lapel, IN 46051-9668

    Estimated value:
    $455,000
    14,200 sqft 1.21 AC lot
    View details

    Lapel, IN Retail Properties & Spaces Market Trends and Statistics

    Explore 35 retail properties & 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 $245,000.

    Sale prices for stores in Lapel, IN average $245,000 — 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

    Storefront properties 1

    Demographics Overview

    Population 2,857
    Population Growth (5Y) +3.7%
    Median Household Income $77,411
    College Educated 38.0%

    High-Yield Neighborhoods for Investment

    Identify Lapel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46051 $275K

    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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