402 Main St Paoli, IN 47454-1035
This exceptional commercial property, located at 402 W Main Street in Paoli, Indiana, presents a fantastic opportunity for a variety of businesses. Priced at $120,000, this office building boasts a highly desirable location, offering excellent visibility and accessibility. Situated on a busy stretch of Main Street, the property benefits from significant road frontage, ensuring high traffic exposure and easy customer access. The building's proximity to schools, restaurants, and downtown shops provides added convenience and attracts a steady flow of potential clients. City utilities, including Indiana Natural Gas, are already connected, simplifying the setup process for new occupants. High-speed internet access is readily available through Orange County High Fiber Optic Internet. Ample parking is provided on-site, eliminating parking concerns for both employees and customers. A significant advantage is the inclusion of a lot behind the building, offering additional space for expansion, storage, or outdoor activities. Possession of the property is granted at the closing of the sale. This is an ideal opportunity for a professional office or retail business seeking a prominent location in a thriving community. The combination of location, amenities, and included land makes this a truly compelling investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.