Mixed-Use Land for Sale in Paoli, Indiana
2547 N State Road 37 Paoli, IN 47454
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.
Directions
37 S to Paoli. Property on your right.
Location
- Street Address
- 2547 N State Road 37
- County
- Orange County
- Elevation
- 643 feet
Property details
- MLS Number
- BBOR 202442597
- Date Posted
Property taxes
- Recent
- $5,452
Parcels
- 59-06-24-110-003.000-011
Legal description
PT 24 2N 1W; .945 A OR BRAXTON SUB-DIV PT 3. PT W 1/2 SW & PT SW SW 19 2N 1E; & PT E 1/2 SE & PT SE NE 24 2N 1W; .76 Part of PT E 1/2 SE & PT SE SE 24 2N 1W; 7.07 A
Detailed attributes
Listing
- Type
- Commercial Sale
Structure
- Stories
- 1
- Roof
- Metal
Exterior
- Parking
- Off Street
- Features
- Public Restrooms
Interior
- Rooms
- Bathroom x 4
- Floors
- Concrete
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Nov 2, 2024 | New listing | $850,000 | — | BBOR |