Mixed-Use Land for Sale in Paoli, Indiana

2547 N State Road 37 Paoli, IN 47454

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Street
1 / 36
$850,000
2.66 acres
Active sale agoEst $4,887/mo

Looking for a great investment opportunity? Search no further! Conveniently located just off the highway, this prime commercial property features two versatile buildings designed for both business and residential use. The first building is a spacious pole barn with a 3-bedroom, 1-bath apartment on the upper level, offering an excellent Airbnb opportunity or a comfortable onsite living arrangement. The second building is a well-appointed restaurant, ideal for hosting weddings, receptions, meetings, or any social gathering, and it comes with a valuable liquor license. Both buildings are equipped with electric water heaters, monitored security systems by Astro Security, and a parking lot with security lighting. The event building also includes double fireproof walls for added safety. The commercial kitchen is fully equipped and includes a 12"x 48" commercial kitchen hood with makeup air, a 48" gas radiant charbroiler with a 2-drawer refrigerated chef base, an FF300 natural gas 40 lb fryer, and a 60" range griddle with six gas burners. Stainless steel 30"x72" tables with 72" food heaters, a commercial dishwasher, a 3-compartment sink, and a 72" stainless steel bar refrigerator complete the kitchen setup. Utility connections include Patoka Lake Water, Duke Energy, and Indiana Natural Gas, ensuring full functionality for various business needs. This turnkey property is ready to support a variety of commercial ventures, from hospitality to event planning.

Sq feet
4
Full baths
2012
Built

Directions

37 S to Paoli. Property on your right.

Location

Street Address
2547 N State Road 37
Elevation
643 feet
Coordinates
38.594, -86.4586

Property details

MLS Number
BBOR 202442597
Date Posted

Property taxes

Recent
$5,452

Parcels

  • 59-06-24-110-003.000-011

Legal description

This 2.66-acre property is located at 2547 N State Road 37 in Paoli, IN 47454 with latitude 38.594 and longitude -86.4586. The property is currently available for sale for $850,000. It has a structure built in 2012. Listing data is sourced from Bedford Board of Realtors # 202442597.

Verify sale details at the property source or contact Williams Carpenter Realtors at (800) 630-1727.

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Copyright (C) 2024 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 46 mins ago. Parcel data by Regrid.

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