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    FOR SALE
    Auto shops

    329 N Gospel St, Paoli, IN 47454

    5,380 SF 0.2 ac lot Built 1997
    Trust Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-2117068
    Property summary
    AI-generated overview

    This exceptional commercial property at 329 N Gospel Street, Paoli, Indiana, presents a unique investment opportunity. The building, formerly Kemple Quick Lube, boasts over 4,500 square feet of space, complemented by a 960-square-foot basement featuring a service pit. The layout includes two offices and a waiting area, catering to a variety of business needs. Four overhead doors provide convenient access for vehicles and equipment. The property sits on a 0.36-acre lot and benefits from a prime location just three blocks south of Walmart, ensuring high visibility and significant foot traffic—the highest in Paoli. Ample customer parking is readily available. This offering includes a second parcel, identified as 59-06-36-342-016.000-012. The asking price of $259,000 represents a compelling value, offering the established business's infrastructure for the cost of the land and building alone. This presents a rare chance to acquire a well-situated commercial property with significant potential for immediate return on investment or future development. The property's established presence and high-traffic location make it an ideal choice for entrepreneurs and investors seeking a strong foothold in the Paoli market. The combination of building size, convenient location, and included second parcel makes this a truly exceptional opportunity.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1997
    Construction WOOD
    Total area 5,380 SF
    Lot 0.2 ac (8,756 SF)
    APN 59-06-36-305-223.009-012
    UPID US31-2117068
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Danny Joe Kemple Testmentary Trust · 4 yrs held
    Danny Joe Kemple Testmentary Trust
    since 2021
    3 recorded transactions
    2021
    2021
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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