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226 E Pendleton Avenue

Lapel, Indiana, 46051, United States

Property ID: #14382255 // Commercial // Source Status: Active
    / 26
Traditional Sale
List Price:
USD $245,000
Icon 1,883 ft²
Icon 0.13 acres
Icon - beds
Icon - baths
Address:
226 E Pendleton Avenue
City:
Lapel
State:
Indiana
Zip Code:
46051
County:
Madison
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial, Retail
Year Built:
1953
Property Size:
1,883 ft²
Lot Size:
0.13 acres
Data Source:
MIBOR Broker Listing Cooperative®
MLS/Reference Number(s):
22116394
Source Status:
Active
Source Property Type:
Commercial Sale, Retail

Property Provided By

  • Michael Jones
  • REMAX ONE
  • +1 (317) 205-4800

Property Information

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.

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Source Disclaimer

MIBOR Broker Listing Cooperative®

Based on information submitted to the MLS GRID as of 2026-08-28 20:50:10 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 02:08:47. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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