226 E Pendleton Avenue, Lapel, IN 46051
- $295,000
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.
Address
Open on Google Maps-
Address: 226 E Pendleton Avenue
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City: Lapel
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State/county: IN
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Zip/Postal Code: 46051
Details
Updated on July 25, 2026 at 7:53 am-
Property ID 22116394
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Price $295,000
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Property Size 1883 Sqft
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Land Area 0.13 Acres
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Garage Size x x
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Year Built 1953
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Property Type Retail, Commercial Sale
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Property Status Active
Additional details
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Roof Shingle
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Utilities Cable Available,Electricity Connected,Sewer Connected,Water Connected
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Cooling Central Air
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Heating Electric,Forced Air
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County Madison
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Property Type Commercial Sale
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Parking Common,Guest
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