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226 E Pendleton AvenueLapel, IN 46051

Madison County

$245,000List price
1,883Sq Ft
1953Year built
0.13Acre lot
1Stories
10 weeks agoOn market

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.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
1953
Stories
1
Building area
1,883 Sq Ft
Lot size
0.13 acres
Zoning
C2 Downtown Commercial
Days on market
72
MLS® Listing#
22116394

Property Features

Cooling
Central Air
Heating
Electric · Forced Air
Parking
Common · Guest
Roof
Shingle
Security
Security System · Security System Owned · Smoke Detector(s)
Utilities
Cable Available · Electricity Connected · Sewer Connected · Water Connected
Parcel number
481028401086000032

Directions

GPS Friendly

Listing Courtesy: REMAX ONE - Mike@MikeJonesSellsHomes.com

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Last Updated: 2026-07-25

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