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L & P Paint and Body -Wrecker Service 1203 W Oak St 11,260 SF Industrial Building Palestine, TX 75801 $1,495,000 ($132.77/SF)

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EXECUTIVE SUMMARY

Well-established and meticulously maintained: this business has proudly served the community for over 40 years and is now available for sale.
This is a chance to acquire a profitable, fully outfitted auto body and wrecker service with everything already in place. Whether you’re an experienced auto body repairman ready to operate your own shop or an investor seeking a strong, income-producing business, this turnkey operation provides all the tools, equipment, and setup needed to step in and succeed from day one.
Situated on W Oak St in the heart of Palestine's commercial zone, this address benefits from steady daily traffic and prominent street frontage. The property sits near key trade areas that connect to Loop 256 and downtown, providing exceptional accessibility for customers and employees.
Surrounded by thriving businesses and residential neighborhoods, this location offers strong synergy and visibility.
**** Owner is willing to assist in the transition/training up to 6 months after the sale.****
• Dual-Service Facility
• Fully functioning as both body shop and wrecker service, providing customers with a convenient, all-in-one automotive service center.
• Equipment Included:
• Frame Machine – Designed for accurate collision repair and structural alignment
• Paint Booth – Operational and ready for high-quality automotive painting and refinishing
• Complete Mechanical Tool Set – Outfitted with the tools needed to service a variety of vehicles
• Spacious Layout – Generous workspace for multiple vehicles, along with dedicated office and customer waiting areas
• Growth Opportunities
• No Financials Available

ATTACHMENTS

L&PASSETS LIST 12.23.2025

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,495,000
Price Per SF $132.77
Sale Type Owner User
Property Type
Industrial
  • Industrial Service
Lot Size 3.60 AC
Rentable Building Area 11,260 SF
No. Stories 1
Year Built 2002

AMENITIES

  • Controlled Access
  • Fenced Lot
  • Reception
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R35995
Land Assessment
$198,576
Improvements Assessment
$208,609
Total Assessment
$407,185
  • Listing ID: 38846724

  • Date on Market: 12/20/2025

  • Last Updated:

  • Address: 1203 W Oak St, Palestine, TX 75801

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