726 Gospel St Paoli, IN 47454-1420
This exceptional 12,160 square foot retail property, situated in the thriving Paoli submarket, presents a unique investment opportunity. The single-story, Class B building boasts a prime location directly across from a Walmart, ensuring high visibility and consistent foot traffic. The property features a total of 30 parking spaces, making it convenient for customers and employees. Currently, there are three suites available, with one vacant space ranging from 2,882 to 3,600 contiguous square feet, ideal for a variety of retail or restaurant uses. The entire building totals 12,160 square feet, with 6,482 square feet currently vacant. The minimum divisible space is 2,882 square feet. The property sits on 1.06 acres of land and is zoned for commercial use, offering flexibility for potential tenants. Its location on a main retail corridor ensures easy access and high visibility, making it an attractive option for businesses seeking a strong presence in a busy commercial area. The property's APN is 59-06-36-131-001.000-012. No elevators are present. This is a fantastic opportunity to establish or expand your business in a high-demand location.
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.