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162 S Court Street

Paoli, IN 47454
  • $950,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 202440345
UPDATED: 86 min ago
$950,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,632
    SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Listing provided by Natasha Johns of Williams Carpenter Realtors: .

Description

Are you looking for your next investment property and business location? This building offers a wonderful business adventure featuring a bar and or restaurant opportunity along with SEVEN rental properties all in one location. The property sits on the square on a corner lot creating plenty of exposure and accessibility. The main level is currently a bar and restaurant with laminate flooring, two restrooms, a private party room, and an inviting patio area for outdoor seating. Included with the sale is a liquor license, making it easy to hit the ground running. Upstairs, you'll find seven units. There are six finished units that were remodeled in 2022. Each unit offers its own kitchen and bathroom. The seventh unit has served as a storage unit and is unfinished. Utilities are: Duke Energy and Town of Paoli Water. Dont miss this versatile investment opportunity that combines business and residential rental properties in one location.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-21T23:28:49.113.

www.housesinfortwayne.com/homes/156866125
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162 S Court Street Paoli, IN 47454

  • Price: $950,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 86 min ago
  • MLS #: 202440345
0
Beds
0
Baths
0
½ Baths
0.17
Acres
13,632
SQFT
$70
$/SQFT
1900
Built
Neighborhood:
None
County:
Orange
Area:
Orange
Property Description
Are you looking for your next investment property and business location? This building offers a wonderful business adventure featuring a bar and or restaurant opportunity along with SEVEN rental properties all in one location. The property sits on the square on a corner lot creating plenty of exposure and accessibility. The main level is currently a bar and restaurant with laminate flooring, two restrooms, a private party room, and an inviting patio area for outdoor seating. Included with the sale is a liquor license, making it easy to hit the ground running. Upstairs, you'll find seven units. There are six finished units that were remodeled in 2022. Each unit offers its own kitchen and bathroom. The seventh unit has served as a storage unit and is unfinished. Utilities are: Duke Energy and Town of Paoli Water. Dont miss this versatile investment opportunity that combines business and residential rental properties in one location.
Exterior Features

Construction Type1 Vinyl Construction Type2 Stone Exterior Vinyl Fire Doors YN No Location City Lot Dimensions 50 x 150 Parcel Description Corner Parking Street Parking Type Street Parking YN Yes Road Access City Roof Material Shingle Security Light YN No Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Other Basement YN No Bldg1 Above Grd Sq Ft 13632 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 6816 Ceiling Height 10 Column Spacing N/A Cooling Central Air Flooring CarpetLaminate Heating Fuel Gas Interior Height 12 Interior Walls Drywall Special Features Other Total Restrooms 8

Property Features

Annual Taxes 3164.86 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available LBP Form Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Gas Company Indiana Natural Gas Ingress Egress Asphalt Inside City Limits Yes Lease Term Remaining 5 months New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Reo YN No Sale Includes BuildingLicense Included Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Paoli Water Company Town of Paoli Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable Current

Listing provided by Natasha Johns of Williams Carpenter Realtors: .

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-21T23:28:49.113.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Natasha Johns of Williams Carpenter Realtors: .