Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Courtesy of Mainstreet Realtors, Mary McCoskey Finkle, [email protected]
4 Baths
5,293 sqft

$650,000

413 415 417 419 Hackberry Street, Paoli IN, 47454

Built in1957
Property size5,293 sqft
Property typeCommercial

Overview

Active

Updated 18h ago

ENDLESS INVESTMENT POSSIBILITIES! This unique income-producing property offers multiple opportunities for investors and entrepreneurs alike! Featuring a combination of retail space, potential multifamily living, a 4-bay car wash (including one automatic bay), and four separate storage buildings, the possibilities are endless. The property currently has two rented spaces totaling approximately 2,200 sq. ft., generating $1,650 per month in rental income. An additional 3,000 sq. ft. is available for lease and could be divided into 2–4 separate units. The existing layout also offers the potential for a fourplex or even a sixplex configuration by keeping two doors locked. The four storage buildings offer a total of 96 units, providing additional income potential. Three buildings each feature sixteen 10x10 units renting for $55 per month and twelve 5x10 units renting for $45 per month. The fourth building contains twelve 10x10 units renting for $55 per month. Conveniently located near town, this property has its own well, which has never run dry, helping eliminate a monthly water bill. Additional features include two pressure tanks and a city-inspected backflow preventer. Whether you're looking to expand your investment portfolio, operate multiple businesses, or generate income from several sources, this property is packed with opportunity! Don't miss your chance to own this versatile investment property! Call today to schedule your private showing!

Additional information

MLS® ID
202543120

Interior Features

Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Taxes
$7,500
Tax Frequency
Annually
Municipality
Paoli
MLS provider logo

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Brandy Holdeman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 11/4/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID data may be subject to an end user license agreement prescribed by IRMLS as amended from time to time. 

©2026 Indiana Regional MLS. All rights reserved.

Data last updated 5:06 AM UTC, 11/4/2026

DMCA Notice

 

Powered by Luxury Presence