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105 W Colonial Street

Kempton, IN 46049

ActiveListed Aug 28, 2026 · 30 days on market

Key facts

Living area
704 sqft
Lot
0.2 acres
Year built
1940
Type
Commercial Sale · Business
MLS #
22121153
County
Tipton
Total building area
704 sqft

About this home

Prime small-town commercial opportunity in Kempton! This versatile property is currently operating as a convenience store and offers endless possibilities for an entrepreneur or investor looking to bring a new concept to the community. The existing layout provides a great starting point for a convenience store, coffee shop, neighborhood bar, cafe, carryout, boutique, office, or other small-business venture. With its flexible commercial space and central location, 105 W. Colonial St. is ready for your vision. Whether you're looking to continue the current use or transform the property into something entirely new, this is an opportunity to establish your business in a welcoming small-town setting. Bring your ideas and make this space your own!

Description provided by the listing brokerage.

Exterior

Roof
Asphalt
Parking and garage
On Street

Systems

Heating
ElectricHeat Pump
Cooling
Heat Pump
Water
Well
Utilities
Electricity ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
commercial

Schools

Elementary school
Tipton Elementary School
Middle school
Tipton Middle School
High school
Tipton High School
School district
Tipton Community School Corp

Taxes

Estimated annual tax
$498 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,254per month, estimated
Principal and interest $1,134Property tax $42Insurance $79
20% · $45,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$225,000
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