Lapel IN Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
1,883
Status:
Active
MLS#:
22116394
Type:
Retail
Lot size:
0.13 Acres
Year built:
1953
Courtesy: REMAX ONE 317-595-1900
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ADDITIONAL 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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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




Lapel Real Estate

Lapel is located in Indiana. Lapel, Indiana has a population of 2,509. Lapel is more family-centric than the surrounding county with 28.59% of the households containing married families with children. The county average for households married with children is 25.19%.

The median household income in Lapel, Indiana is $66,875. The median household income for the surrounding county is $54,491 compared to the national median of $69,021. The median age of people living in Lapel is 37.1 years.

Lapel Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 40.8 inches per year, with 17.7 inches of snow per year.

Lapel Map

Lapel Real Estate Market Conditions

  • Median sales price

    $230,000
    18.4%
    change since last quarter
  • # Active listings

    18
    30-day change

Lapel Schools and Demographics

Education near Lapel, IN

City County
High School Graduates 93.68 89.76
College Degree - 2 year 12.4 9.34
College Degree - 4 year 26.15 19.02
Graduate Degree 5.61 5.38
Expenditures per Student 12,987 12,987
Students per Teacher 16.1 16.1

Elementary Schools near Lapel, IN

Grades Students P/T Ratio ZIP
Anderson Elementary School KG - 05 607 17.3 46011
Durbin Elementary School KG - 04 420 19.1 46060
East Elementary School KG - 06 789 20.8 46064
Edgewood Elementary School KG - 05 335 19.7 46011
Erskine Elementary School KG - 05 536 15.8 46013
Lapel Elementary School PK - 05 694 23.1 46051
Maple Ridge Elementary School KG - 06 714 21.6 46064
North Elementary School KG - 05 531 20.4 46060
Pendleton Elementary School PK - 06 927 22.1 46064
Promise Road Elementary KG - 05 678 21.2 46060
Southview Preschool Center PK - PK 313 28.4 46013
Stony Creek Elementary School PK - 05 649 21.6 46060
White River Elementary School PK - 05 721 22.5 46060

Middle Schools near Lapel, IN

Grades Students P/T Ratio ZIP
Lapel Middle School 06 - 08 328 15.6 46051
Noblesville East Middle School 06 - 08 1,018 17.9 46060
Pendleton Heights Middle School 07 - 08 750 23.4 46064

High Schools near Lapel, IN

Grades Students P/T Ratio ZIP
Anderson High School 09 - 12 1,872 16 46013
Lapel Senior High School 09 - 12 480 18.2 46051
Noblesville High School 09 - 12 2,685 19.6 46060
Options Charter School Noblesville 09 - 12 184 23 46060
Pendleton Heights High School 09 - 12 1,409 24.5 46064

Demographics near Lapel, IN

City County
Neighborhood Type Suburban
Population 2,509 130,037
Population Density 243 288
Median Age 37.1 40.7
People per Household 2.4 2.4
Median Household Income 66,875 54,491
Average Income per Capita 34,419 27,778

Real estate near Lapel