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Corner-Lot Auto Shop
For Sale
$39,900

103 E Madison St, Kennard, IN 47351

Vacant commercial garage with interior vehicle capacity, outside parking, and an office area.

Property SizeContact for details
Days on Market53

Property Features for 103 E Madison St

General Information

Standard status Active

Property Condition

Severity Repairs Needed
Evidence Needs some TLC

Building Details

Buildings 1
Listing Agency: 10-42 Realty Group
Listed By: Tim Basey
Source: Exprealty
Added: Jul 2 Changed: Aug 20 Last Checked: Aug 22 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 10-42 Realty Group

Investment Insights

Based on property information with market context.

This vacant auto-shop property includes a barn-style garage with room for approximately 5 vehicles inside, an office area, and additional outside parking. The building requires repairs, providing a straightforward starting point for an owner seeking a vehicle-oriented commercial space or storage facility.

The property occupies a corner lot at 103 E Madison St in Kennard, IN, a small-town setting. Commercial zoning supports business use, while the existing garage configuration offers enclosed vehicle space alongside office functionality. The property was previously served by a shallow well, although its pipe has been removed.

Key Highlights

  • Commercially zoned corner‑lot property
  • Vacant barn‑style garage requiring repairs
  • Interior capacity for about 5 cars

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Big Box & Wholesale Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47351, IN

429
Population
181
Households
2.4
Avg Household Size
37
Median Age
14%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
1,430
Density / Sq Mi
$60,500
Median Household Income
$38,365
Median Earnings
$1,045
Median Rent
$103,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Auto shop - Vacant commercial garage with interior vehicle capacity, outside parking, and an office area.
Where is this auto shop located?
The property is located at 103 E Madison St Kennard, IN.
What is the asking price?
The asking price for this property is $39,900.
What are key features of this property?
This property features: Commercially zoned corner‑lot property; Vacant barn‑style garage requiring repairs; Interior capacity for about 5 cars
More about this property
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