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Mixed-Use Land for Sale in Paoli, Indiana

2547 N State Road 37, Paoli, IN 47454

$797,900
3 acres
Active sale
ago
Est $4,597/mo

Your next business adventure starts here! Situated in a highly visible location just off the highway, this exceptional commercial property offers the flexibility to fit a wide range of opportunities. Featuring two separate buildings, this property is designed for entrepreneurs, investors, and visionaries alike. The first building includes a spacious pole barn with a 3-bedroom, 1-bath living quarters upstairs-ideal for an owner-occupant, employee housing, or a short-term rental to generate additional income. The second building is an outstanding event and restaurant space, perfectly suited for weddings, private events, community gatherings, entertainment, or a thriving dining establishment. Built with functionality and security in mind, the property offers monitored security systems, ample parking with exterior lighting, electric water heaters, and a fully equipped commercial kitchen ready for immediate use. The event venue also features fire-rated construction for added peace of mind. Outdoor pavilions along with covered event pavilion and patio areas simply add that elegant appearance a proper venue must have. Whether your vision is creating a premier event destination, opening a restaurant, expanding your investment portfolio, or combining business with on-site living, this rare property provides the space, location, and versatility to make it happen. The possibilities are limited only by your imagination!

Sq feet
2012
Built

Location

Street address
2547 N State Road 37
Zip code
47454
Elevation
642 feet
Coordinates
38.594, -86.4586

Directions

ON STATE ROAD 37 S, CONTINUE TOWARDS STATE ROAD 37, TURN RIGHT AND DESTINATION IS ON YOUR LEFT

Property details

Acreage
3 acres
MLS #
BBOR 202629688
Posted

Property taxes

2026
$6,242

Parcels

  • 59-06-24-810-002.001-011

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Rural

Exterior

Parking
Off Street

Structure

Cooling
Central Air
Roof
Metal

Interior

Flooring
Concrete

Listing history

DateEventPriceChangeSource
July 23, 2026New listing$797,900BBOR
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This 3-acre property is located at 2547 N State Road 37 in Paoli, IN 47454. The property is available for sale, priced at $797,900. It has a structure built in 2012.

Listed by Williams Carpenter Realtors, (317) 844-4400

Checked 1 hour agoUpdated

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