4421 County Road 640 Paoli, IN 47454
- Commercial real estate
- 2,298 SF
- 0.52 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4421 County Road 640
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.52 lot acres
- Property size
- 2,298 SF
- Property type
- Commercial real estate
- APN
- 59-14-05-108-001.000-004
- APU
- 591405108001000004
Description
This exceptional commercial property presents a unique investment opportunity in Paoli, Indiana. Situated on 0.86 acres at the entrance to the Wildwood Association, just minutes from Patoka Lake and nestled within the Hoosier National Forest, this location offers unparalleled visibility and access. The property includes four lots at the corner of County Road 640 S and Wild Southview Drive, and features two metal-sided commercial buildings. The larger building boasts 2298+ square feet, a 128 square foot lean-to, electric heat, a concrete floor, copper wiring, two full bathrooms, a shower, public water, and a septic system. A second, newer building, constructed in 2012, offers an additional 192 square feet of space. Previously utilized as a general store and restaurant, this versatile property is zoned for both residential and commercial uses, providing a wide range of development possibilities. The property benefits from established infrastructure and is ready for immediate occupancy or redevelopment. Annual Wildwood Association dues are $100. This is an exceptional opportunity to acquire a well-located commercial property with significant potential in a desirable area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paoli
- County
- Orange
- State
- Indiana
- Longitude
- -86.5414
- Latitude
- 38.4676