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    111 College Hill St Paoli, IN 47454

    For Sale
    $50,000

    Prime location, income producing, versatile space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 111 E College Hill Street in Paoli, Indiana, presents a unique investment opportunity. The building boasts a versatile layout, ideal for a variety of businesses. Features include a spacious garage, a well-appointed office, a functional kitchen, restrooms, and ample storage space. A full walk-out basement provides additional room for expansion or storage needs. The property sits on a 0.11-acre lot and enjoys a highly visible location along Highway 150, easily accessible from the intersection of East Highway 150 and East Highway 56. This high-traffic area ensures maximum exposure for your business. Currently generating monthly rental income, this property offers immediate return on investment and significant upside potential. The diverse range of spaces within the building allows for customization to suit a variety of business needs, making it an attractive option for entrepreneurs and established businesses alike. The combination of its prime location, existing income stream, and versatile layout makes this property a truly compelling investment opportunity. Don't miss the chance to own this exceptional commercial building in a thriving Indiana community. The asking price is $50,000.

    Property Features for 111 College Hill St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1974
    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
    -86.4666
    Latitude
    38.55386

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, income producing, versatile space.
    Where is this commercial real estate located?
    The property is located at 111 College Hill St Paoli, IN.
    What is the asking price?
    The asking price for this property is $50,000.
    (812) 723-4663
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    111 College Hill 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
    111 College Hill St Paoli, IN 47454
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