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5,293 sqft

$650,000

417 Hackberry Street 419, Paoli IN, 47454

Price per sqft$122.80
Built in1983
Property size5,293 sqft
Property typeCommercial

Overview

Active

Listed May 5, 2026

Updated 2 days 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
202608014

Interior Features

Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

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

Listed by Mary McCoskey Finkle with Mainstreet REALTORS
Listing Contact: 812-883-9555 

The IDX display contains information sourced from the Southern Indiana REALTORS® Association as of 11/4/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Southern Indiana REALTORS® Association all rights reserved.

Data last updated on 11/4/2026 at 3:54 AM UTC

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