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(317) 513-8929 hc@hilarycasstevens.com
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    Indianapolis, IN 46280
    (317) 513-8929
    hc@hilarycasstevens.com
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Home / Lapel / 226 E Pendleton Avenue
226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 226 E Pendleton Avenue Lapel, IN 46051 View All Photos

$275,000

| Active

226 E Pendleton Avenue

Lapel, IN 46051

1,883
Square Feet
0.13
Acres
35
Days on Market
MBR22116394
MLS#
Retail
Structure
Commercial
Zone
Contact
Listing OfficeREMAX ONE

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 Details
Cooling
Central Air
Heating
Electric, Forced Air
Cooling Features
Central Air
View
Neighborhood
Stories
1
Acres
0.13
Square Feet
1883.0
Parking Features
Common, Guest
Property Type
Purchase
Year Built
1953
Roof
Shingle
Utility Features
Cable Available, Electricity Connected, Sewer Connected, Water Connected
School District
Frankton-Lapel Community Schools
County
Madison
Region
Lapel
Zoning
C2 Downtown Commercial
Original List Price
$295,000
Days on Market (Cumulative)
35
MLS #
22116394
Property Subtype
Retail
Parcel Number
481028401086000032
MLS #
22116394
Date Listed
July 25, 2026
Address
226 E Pendleton Avenue
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Provided By
Listed by Michael Jones (#MBR27447)
Listing Office: REMAX ONE (#MBRRMON01)

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