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Listed by Michael Jones • REMAX ONE
$ 295,000
Est. payment /mo
New
226 E Pendleton AVE Lapel, IN 46051
1,883 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,883 sqft
Price per Sqft $156
MLS Listing ID 22116394
Year Built 1953
Tax Year 2025
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Retail
Property Description
Downtown Lapel Commercial Property - C2 Zoning Excellent opportunity to own a versatile commercial property in the heart of downtown Lapel. Located at 226 E. Pendleton Avenue, this 1,770-square-foot commercial building sits on a 5,576-square-foot lot and is zoned C2 Downtown Commercial, allowing for a wide variety of retail, office, restaurant, and service-oriented uses. Constructed in 1947, the property offers an ideal setting for an owner-user, investor, or business looking to establish a presence in one of Madison County's growing communities. The C2 zoning district supports a pedestrian-friendly mix of commercial uses, including retail shops, boutiques, bakeries, cafes, restaurants, professional offices, financial services, medical and legal offices, and other compatible downtown businesses. Positioned along East Pendleton Avenue, the property benefits from strong visibility, convenient access, and proximity to local businesses and residential neighborhoods. Lapel's continued residential and commercial growth, along with convenient access to Pendleton, Anderson, Fishers, and Interstate 69, makes this an attractive location for a variety of business opportunities. C2 Downtown Commercial zoning: Suitable for retail, office, restaurant, cafe, bakery, professional services, and other permitted commercial uses. Downtown location with excellent visibility and accessibility Convenient access to surrounding communities and major transportation routes. This property presents an outstanding opportunity to establish or expand a business or add a well-located commercial asset to an investment portfolio.
Location
State IN
County Madison
Zoning C2 Downtown Commercial
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N true
View Neighborhood
Roof Type Shingle
Building
Story 1
New Construction false
Schools
School District Frankton-Lapel Community Schools
Others
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