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    1200 Main St Paoli, IN 47454

    For Sale
    Contact for pricing

    Six Acres, Seven Buildings, Highway Commercial Zoning

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity encompasses a substantial 6-acre parcel situated on West Main Street/US-150 in Paoli, Indiana, boasting over 225 feet of prime road frontage. The property features seven buildings, offering a significant amount of versatile space ideal for various commercial uses. Building #1, a former mill, is a metal-sided pole building measuring approximately 114 feet long, 45 feet wide, and 12 feet high. It features a concrete floor, six sliding doors, insulation, and a 2012 roof. Additional structures include a 3300 square foot pole building (Building #2), a 1215 square foot pole building (Building #3), a 1990 square foot building housing dry kilns (Building #4), a 1400 square foot storage shed (Building #5), a 1215 square foot former boiler building with an office (Building #6), and a 290 square foot open shed (Building #7). The majority of the acreage is open, with approximately two acres of wooded land on the northern side. The substantial square footage under roof makes this property exceptionally well-suited for general warehousing, equipment storage, RV storage, or similar uses. The property is zoned Highway Commercial. This offering presents a unique opportunity to acquire a significant industrial property, either independently or in conjunction with adjacent tracts (1514 W Main St. and 1313 W Main St., sold separately).

    Property Features for 1200 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    261,360 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.48
    Latitude
    38.55687

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    FAQs

    What type of property is this?
    Commercial real estate - Six Acres, Seven Buildings, Highway Commercial Zoning
    Where is this commercial real estate located?
    The property is located at 1200 Main St Paoli, IN.
    What is the asking price?
    The asking price for this property is $1.00.
    (812) 738-9476
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Main St Paoli, IN 47454
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