622 N Gospel St, Paoli, IN 47454

5,550 SF 0.28 ac lot Built 1941

Entity Owned 2-yr Hold ~ Est. High Equity

Property ID

US31-0386194

$399,000 5,550 SF

622 N Gospel St, Paoli, IN 47454
View Listing →

Google Maps

This exceptional commercial property in Paoli, Indiana, presents a unique investment opportunity. Encompassing two lots totaling 0.28 acres, the property includes a functional garage at 622 N Gospel Street and an adjacent lot at 612 N Gospel Street. The garage itself is a well-equipped workspace featuring a downdraft ventilated paint booth, ensuring a clean and efficient environment. Six overhead doors provide ample access for vehicles and equipment. The property also boasts a reliable generator, providing power backup during outages. The car lifts within the garage are available for negotiation as part of the sale. The adjacent lot at 612 N Gospel Street offers significant potential for expansion, such as additional parking, once cleared. With its versatile layout and desirable location in Paoli, this property is ideal for a variety of commercial uses, offering both immediate functionality and long-term growth potential. The asking price for this combined property is $399,000. This is a rare opportunity to acquire a substantial commercial property with significant upside in a thriving Indiana community. Serious inquiries are encouraged.