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Lapel, IN Storefront Properties for Sale

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Downtown Storefront Property
Updated: Jul 25
Downtown Storefront Property

226 E Pendleton Ave, Lapel, IN 46051

$295,000
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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This listing looks promising.

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226 E Pendleton Ave, Lapel, IN

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lapel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Retail Storefront Investment Bundle
Retail Storefront Investment Bundle

1213 Main Street, Anderson, IN 46016

$150,000
0.06 AC lot

For sale bundle of three storefronts with new roofing, updated electrical panel, and refreshed storefront windows in Anderson.

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Single-Tenant Dollar Tree Retail
Single-Tenant Dollar Tree Retail

6336 Oaklandon Road, Indianapolis, IN 46236

Contact for pricing
10,722 sqft 1.05 AC lot

Single-tenant retail property on approximately 1.05 acres with ample parking and visibility along Oaklandon Road corridor.

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Former Neighborhood Supermarket
Former Neighborhood Supermarket

1909 W 8th Street, Anderson, IN 46016

$299,900
5,554 sqft

Former neighborhood supermarket building with included equipment and ample asphalt customer parking.

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Net-Leased Golf Galaxy Endcap
Net-Leased Golf Galaxy Endcap

5625 East 86th Street, Indianapolis, IN 46250

Contact for pricing

Recently constructed endcap is net leased to Golf Galaxy with lease guarantees from Dick’s Sporting Goods.

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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.

Cleared Commercial Development Land
Cleared Commercial Development Land

134 W 30th Street, Indianapolis, IN 46208

$299,500
0.08 AC lot

Cleared, IDEM-approved commercial lot with utilities on site and state road frontage for retail, office, or service development.

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Commercial Land at Highway Intersection
Commercial Land at Highway Intersection

2996 N US 421, Whitestown, IN 46075

$725,000
3.19 AC lot

3.19-acre parcel in Boone County with three-phase power and LB zoning, offering development flexibility for commercial uses.

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Commercial Land Corner Lot
Commercial Land Corner Lot

1401 S Meridian Street, Indianapolis, IN 46225

$74,000
0.12 AC lot

C-4-zoned corner lot on two city streets with utilities on site and approved curb cuts.

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Commercial Land Zoned D5/C5
Commercial Land Zoned D5/C5

3049 Kentucky Avenue, Indianapolis, IN 46221

$295,000
0.53 AC lot

Commercial land totaling 0.53 acres with D5/C5 general commercial zoning and public sewer service.

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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 $295,000.

Sale prices for retail units in Lapel, IN average $295,000 — 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%

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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