Storefront

Lapel, IN Storefront Properties for Sale

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Anderson, IN Noblesville, IN Pendleton, IN Fishers, 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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Three-Chair Hair Salon
Updated: Oct 20
Three-Chair Hair Salon

25 W 9th St, Lapel, IN 46051

$124,900
472 sqft
Three styling chairs, all currently rented
Building updates completed within the past five years
1940 year built
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2 active listings match your search: Storefront for sale in Lapel, IN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Three-Unit Corner Strip Center
Three-Unit Corner Strip Center

329 E 13th St, Anderson, IN 46016

$220,000
3,276 sqft

C-1-zoned commercial property with one renovated unit and two spaces offering renovation potential.

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Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

1530 S A Street, Elwood, IN 46036

$149,000
0.02 AC lot

Street-level retail and an upstairs apartment are leased under separate one-year agreements.

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Three-Level Storefront Building
Three-Level Storefront Building

114 S Anderson Street, Elwood, IN 46036

$134,900
4,884 sqft

Commercial zoning and an intact coffee shop and bar setup serve the ground floor.

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Commercial Storefront Property
Commercial Storefront Property

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

$250,000

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

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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.

Approved Urban Infill Commercial Land
Approved Urban Infill Commercial Land

134 W 30th Street, Indianapolis, IN 46208

$299,900
0.23 AC lot

Cleared infill parcel with reported approval for a ten-unit residential project near Downtown Indianapolis.

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Lapel, IN Storefront Properties Market Trends and Statistics

Explore 2 storefront properties for sale in Lapel, IN on our real estate platform. These investment opportunities span a total of 2,242 square feet of properties for sale, with an estimated market value of $369,900.

Sale prices for retail units in Lapel, IN start at $124,900, averaging $184,950, and reaching up to $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 2

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 $185K

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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