Building Details

Year Built 2012

Listing Agency: Trinkle Group Real Est h***@aol.com Show Phone

Listed By: Peggy Hoke Show Phone

Source: Xome

Added: Dec 5, 2018 Changed: Aug 8 Last Checked: Aug 11 at 5:11AM

Report an Issue

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 Trinkle Group Real Est

Investment Insights

Based on property information with market context.

This commercial property, known locally as (Pine Valley), presents an excellent opportunity for starting a business. The property is ideally suited for a pizza place, dairy bar, restaurant, or convenience store. A large wrap-around porch provides an area for relaxation. The property could also be converted into a residence. It is located close to Patoka Lake, Tucker Lake, horse trails, and recreational areas.

Key Highlights

• Excellent location suitable for various business ventures
• Large wrap‑around porch ideal for customer seating or relaxation
• Close proximity to Patoka Lake, Tucker Lake, horse trails, and recreational areas

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Pet 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

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47454, IN

7,684

Population

3,424

Households

2.2

Avg Household Size

42

Median Age

15%

College-Educated

85%

High-School Grad

129.4 sq mi

ZIP Area

59

Density / Sq Mi

$53,931

Median Household Income

$36,839

Median Earnings

$878

Median Rent

$145,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Self Storage Facility with Car Wash

417 Hackberry Street, Paoli, IN 47454

$650,000

5,293 SF

View details

Turnkey Liquor Store With License

1591 W Main Street, Paoli, IN 47454

$459,000

0.55 Acres

View details

Self-Storage Facility with Car Wash

413 415 417 419 Hackberry Street, Paoli, IN 47454

$650,000

0.45 Acres

View details

Grocery-Style Retail Shopping Center

401 SW 1st St, Paoli, IN 47454

Contact for pricing

33,793 SF

View details

Car Wash and Storage Facility

419-417 Hackberry St, Paoli, IN 47454

$650,000

View details

Frequently Asked Questions

What type of property is this?

Restaurant - Commercial property suitable for restaurant, store, or residence near lakes.

Where is this restaurant located?

The property is located at 5579 State Road 37 Paoli, IN.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Excellent location suitable for various business ventures; Large wrap‑around porch ideal for customer seating or relaxation; Close proximity to Patoka Lake, Tucker Lake, horse trails, and recreational areas