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Lapel, IN Retail Space 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
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Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads

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
Zoned Commercial Retail Building
Zoned Commercial Retail Building

20100 State Road 37 N, Noblesville, IN 46060

$450,000
900 sqft

Paved parking supports a functional 900-square-foot retail building suited for a variety of commercial uses.

View details
Commercial Storefront Property
Commercial Storefront Property

512 - 518 W 29th Street, Anderson, IN 46016

$375,000

Commercial zoning supports a range of storefront-oriented business uses.

View details
3-Bay Auto Shop
3-Bay Auto Shop

17130 Dragonfly Dr, Noblesville, IN 46060

Contact for pricing

Vehicle-oriented commercial building with upper-level office and storage space, roll-up doors, lift, and on-site parking.

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.

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
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
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
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
914 Main St
RETAIL STORES (PERSONAL SERVICES)

914 Main St, Lapel, IN 46051-5537

Estimated value:
$110,000
936 sqft 0.05 AC lot
View details
610 Main St
RETAIL STORES (PERSONAL SERVICES)

610 Main St, Lapel, IN 46051

Estimated value:
$435,000
6,000 sqft 0.22 AC lot
View details
1600 Main St
RETAIL STORES (PERSONAL SERVICES)

1600 Main St, Lapel, IN 46051-9671

Estimated value:
$290,000
4,660 sqft 0.90 AC lot
View details
25 9th St
RETAIL STORES (PERSONAL SERVICES)

25 9th St, Lapel, IN 46051-5525

Estimated value:
$55,000
472 sqft 0.15 AC lot
View details
4th St
RETAIL STORES (PERSONAL SERVICES)

4th St, Lapel, IN 46051

Estimated value:
$240,000
5,768 sqft 0.20 AC lot
View details
32 Sr
RETAIL STORES (PERSONAL SERVICES)

32 Sr, Lapel, IN 46051

Estimated value:
$490,000
1,560 sqft 99.00 AC lot
View details

Lapel, IN Retail Space Market Trends and Statistics

Explore 17 retail space 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 retail space 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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