INVESTMENT. OPPORTUNITY. POTENTIAL. Formerly home to the Paoli Water Works, this commercial property presents an exceptional opportunity for investors, developers, or business owners seeking a versatile property with endless possibilities. Situated in a prime location on a well-positioned city block, the property offers excellent accessibility and visibility within the community. The building features approximately 1,745 square feet and sits on approximately 0.50 acres, providing ample space for redevelopment, storage, office space, or a variety of commercial uses. Constructed with a durable brick exterior, the building offers a solid foundation ready for renovation, repurposing, or future expansion. Additional amenities include off-street parking, paved road access, and the convenience of public utilities, making the property well suited for a wide range of business or investment opportunities. Surrounded by residential neighborhoods and local amenities, the location offers both convenience and long-term potential. Whether you're looking to redevelop, establish a new business, or add to your investment portfolio, this property provides the flexibility, location, and strong foundation to bring your vision to life.
Take 37 S to Paoli, take 3rd exit off the square, turn R onto SE 1st St, R on Braxton St. Property on the right.
| MLS # | 202631020 |
|---|---|
| Date Listed | 2026-07-31 |
| Status | Active |
| Property Type | Commercial |
| Property SubType | Industrial |
| New Construction | No |
| Type | Industrial |
| Annual Taxes | $946.78 |
| Year Taxes Payable | Current |
| Year Built | 1932 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 57 |
| Homestead Year | No |
| Den | 1 × 1745 | Level |
| Construction | Industrial |
|---|---|
| Lot Size | 21,780 sq ft |
| Acreage | 0.50 Acres |
| Lot Dimensions | Irregular |
| Fence | None |
| Area | Orange County |
|---|---|
| County | Orange |
| Subdivision | None |
| Township | Paoli |
| City | Paoli |
| State | IN |
| Zip | 47454 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202631020
Listing Provided Courtesy of Natasha Johns
Williams Carpenter Realtors
Listing updated August 13, 2026 at 11:45 am
Last checked 8 minutes ago
IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.