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    Lapel, IN Storefront Properties for Sale

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    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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    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 8 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    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.

    View details
    In-Line Retail and Medical Suite
    In-Line Retail and Medical Suite

    12505 Old Meridian St., Carmel, IN 46032

    Contact for pricing
    1,650 sqft

    In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.

    View details
    Ground Floor Retail Condominiums
    Ground Floor Retail Condominiums

    7015 E 146th St, Carmel, IN 46033

    Contact for pricing
    1,631 sqft

    Three ground floor retail condominium units are available totaling 5,828 SF within a four-story apartment building.

    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

    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

    $269,500
    0.23 AC lot

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

    View details
    Commercial Land for Convenience Retail
    Commercial Land for Convenience Retail

    2996 N US 421, Whitestown, IN 46075

    $725,000
    3.19 AC lot

    LB-zoned commercial parcel at the intersection of US Highway 421 and East 300 North.

    View details
    Corner Commercial Land
    Corner Commercial Land

    1401 S Meridian Street, Indianapolis, IN 46225

    $72,900
    0.12 AC lot

    Level corner parcel with frontage on two city streets and utilities already in place.

    View details

    Lapel, IN Storefront Properties Market Trends and Statistics

    Explore 1 storefront properties 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 units 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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