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    402 Main St Paoli, IN 47454

    For Sale
    $120,000

    Prime location, high visibility office space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 402 W Main Street in Paoli, Indiana, presents a fantastic opportunity for a variety of businesses. Priced at $120,000, this office building boasts a highly desirable location, offering excellent visibility and accessibility. Situated on a busy stretch of Main Street, the property benefits from significant road frontage, ensuring high traffic exposure and easy customer access. The building's proximity to schools, restaurants, and downtown shops provides added convenience and attracts a steady flow of potential clients. City utilities, including Indiana Natural Gas, are already connected, simplifying the setup process for new occupants. High-speed internet access is readily available through Orange County High Fiber Optic Internet. Ample parking is provided on-site, eliminating parking concerns for both employees and customers. A significant advantage is the inclusion of a lot behind the building, offering additional space for expansion, storage, or outdoor activities. Possession of the property is granted at the closing of the sale. This is an ideal opportunity for a professional office or retail business seeking a prominent location in a thriving community. The combination of location, amenities, and included land makes this a truly compelling investment.

    Property Features for 402 Main St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1952
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.47267
    Latitude
    38.55643

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, high visibility office space.
    Where is this office property / space located?
    The property is located at 402 Main St Paoli, IN.
    What is the asking price?
    The asking price for this property is $120,000.
    (812) 723-4663
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    402 Main St Paoli, IN 47454
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    402 Main St Paoli, IN 47454
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