12228 Indiana Street Leopold, IN $ 210,000
12228 Indiana Street
$ 210,000
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12228 Indiana Street

Leopold, IN, 47551
$ 210,000
Bedrooms-- Baths8.0 Sq 3,958

Monthly Estimate*

$ 1,293

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Commercial Property for sale in Leopold, IN

for $210,000 with 8 full baths. This 3,958 square foot building was built in 1918 on a lot size of 0.23.

After serving the community for decades, Guillaumes Store is in the process of closing its doors. The building and lot are offered at $210,000; however, until the store officially ceases operations, there is an opportunity to purchase the entire turnkey business including inventory, equipment, fixtures, and supplies along with the real estate. This is a chance to step into a well-established country store rich in history, strong community ties, and immediate operational potential. Once the business closes, the offering will revert to the building and lot only. Opportunities like this are limited and time-sensitive. The property features approximately 4,000 square feet of space and has long served the community with groceries and everyday essentials, gift items and unique finds, a gas pump, and a deli offering fresh sandwiches, meats, and ice cream. Attached to the store is a two-bedroom, one-bath living area complete with a kitchen, living room, and an additional space suitable for a laundry room or office ideal for an owner-operator or as potential rental income. Situated on a corner lot in the heart of Leopold, this highly visible and versatile property offers endless possibilities for future use, whether for residential living, rental units, a restaurant, daycare, or an entirely new business venture. While the store will be deeply missed by the community, this iconic structure remains a true time capsule full of character, history, and opportunity.

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Commercial Active

Price

$ 210,000

Full Bath

8

Property Type

Commercial

Taxes

$ 1,549

Style

Retail

Lot Size

0.23

Year Built

1918

Town/City

Leopold

County/Region

Perry

MLS | Web ID

202508246

Features
General
Heating Gas
Cooling Central Air
Ceiling Height 12
Roof Metal
Parking Yes Street
Sewer Septic
# of Buildings 1
Status Active Active
Bathrooms 8
Year Built 1918
New Construction No
Subdivision None
Stories Count 2
Township Leopold
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Retail
Age 108
Special Features 220 Volts Living Space Basement Display Window(s) Office Space Refrigeration/Freezer
REO No
Status Detail 0
Area Perry County
Location Rural
City Leopold
Legal Description 003-00112-00 LEOPOLD LOT 35
Virtual Tour https://drive.google.com/file/d/1hXBlY2HfpFj-djPbBDb6WXoi1plMZIwm/view?usp=drive_link
Agent First Name Phyllis
Agent Last Name LaGrange
DOM 368
Tax Year 2024
Restrictions None
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Exterior
Road Access County
Exterior Aluminum
Lot Size Area 10019
Lot Dimensions 103 x 97
Parking Type parallel
Fence None
Water Features None
Waterfront Y/N No
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Interior
Flooring Carpet Wood Vinyl
Basement/Foundation Crawl Partial Basement Unfinished
Walls Drywall Wood
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* Excluded Features
List By
Phyllis LaGrange

Listing Agent

Key Associates Signature Realty

Broker

phyllislagrange@keyassociates.com

Email

Affordability Calculator

$1,422
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,293
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$210,000 -16.00% Price Down
12/17/2025$250,000 -12.28% Price Down
7/29/2025$285,000 -3.39% Price Down
3/14/2025$295,000 Listed Price

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12228 Indiana Street, Leopold, IN, 47551 is a Commercial Property for sale at $210,000 with 3,958 sqft and a lot size of 0.23. 12228 Indiana Street has 8.0 baths and was built in 1918. The property's zip code is 47551 which is in Leopold, IN