Listing courtesy of Williams Carpenter Realtors · Listing agent: Matthew Corey · Cell: 812-583-2274

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2547 N State Road 37

$797,900

$48.48 / sq ft

Paoli, IN 47454

  • 3 acres
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Bathrooms
8
Lot
3 ac
Year built
2012
Type
Commercial Sale
Listed
July 23, 2026
MLS #
202629688

About this home

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!

Property details

Interior

Stories
1
Finished area above grade
16,459 sq ft
Basement
Slab
Flooring
Concrete
Heating
Natural Gas
Cooling
Central Air

Exterior & parking

Construction
Concrete, Metal Siding
Roof
Metal
Parking
Asphalt, Parking Lot, Off Street, Paved
Fencing
Decorative
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
3 ac
Lot dimensions
IRREGULAR
Location type
Rural
County
Orange County
Township
Paoli
Current use
Meeting Hall, Professional, Restaurant
Road frontage
State Road
Platted
Yes
Planned unit development
No
Directions
ON STATE ROAD 37 S, CONTINUE TOWARDS STATE ROAD 37, TURN RIGHT AND DESTINATION IS ON YOUR LEFT

Taxes & terms

Annual taxes
$6,242
Tax year
2026
Tax abatement
No
Listing terms
Cash, Conventional
Possession
NEGOTIABLE
Parcel number
59-06-24-810-002.001-011

Included in the sale

Included in sale
Building,Land

Utilities

Water
Public
Sewer
Septic Tank
Utilities
Electric Hook-Up, Mun. Water Nearby
Electric provider
Duke Energy Indiana
Gas provider
Indiana Natural Gas
Water provider
Patoka Water

Income & commercial

Electric meters
2
Water meters
1
Ceiling height
10

Location

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