Paragon IN Commercial for Sale

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Type:
Other
Sq.Ft.:
4,968
Status:
Active
Beds:
n/a
Lot size:
1.02 Acres
Year built:
1971
Baths:
MLS#:
22012678

ADDITIONAL INFORMATION

Commercial building w/nearly 5,000 sq ft of space for your dream business venture. Building is situated on 1 acre of property, has a large parking lot, & can accommodate large crowds. Property is currently being used as a wedding venue & could potentially be an option for a buyer to continue this same type of business. The possibilities are endless for this space given the ample sq footage & the demand for the area. Restaurant, gas station, multi-functional retail spaces, auction house, car dealership, & the list goes on. You truly have a blank slate to create what you can dream up. If the space & acreage isn't enough to get you excited for the opportunities, the low taxes will be! The location is perfect sitting right off the heavily traveled State Road 67 & will have no shortage of traffic to attract people to your business.

Type:
Other
Sq.Ft.:
8,606
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Year built:
1968
Baths:
MLS#:
21984034

ADDITIONAL INFORMATION

Former Step Saver IGA, 8,606 Square foot building with two gas pumps. Great opportunity to build your business in Morgan County. Building could be used for restaurant, self-storage or athletic purposes. Vacant and easy to show!

Type:
Retail
Sq.Ft.:
4,800
Status:
Active
Beds:
n/a
Lot size:
0.32 Acres
Year built:
1997
Baths:
MLS#:
21980914

ADDITIONAL INFORMATION

The Trackside Bar & Grill is available for sale! The Morgan County-"Paragon-icon" has been serving up drinks, food and fun for as long as anyone can remember! The property also includes two residential homes which are leased for $2,000/month. The restaurant was updated in 2022 when the bar was added. The renovation included cool overhead garage doors, billiard room and karaoke area. The fun continues with outdoor seating. The bar is currently bringing in $6,000/month. There are no leases in place with the current tenants, but the residential tenants would stay. There are sprinklers in the kitchen area. The memorabilia, signs and personal items do not stay. Listing agent must be present for showings. There is no sign. Please be respectful of the bar tenant and do not discuss information. An appointment must be made for all showings. Come visit where everybody knows your name!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
5 Acres
Baths:
MLS#:
103515

ADDITIONAL INFORMATION

?? New Commercial Listing! 5 Acres in Morgan County, IN near Paragon on State Road 67 ?? Prime investment opportunity! Presenting a 5-acre commercial property ideally situated in Morgan County, IN, near Paragon, along the bustling State Road 67. This strategic location offers exceptional visibility and accessibility, making it perfect for a variety of commercial ventures. ?? Key Features: Location: Highly desirable area on State Road 67, providing excellent exposure to high traffic and easy access to major highways and nearby towns, including Paragon and Martinsville. Size: 5 acres of flat, usable land ready for development. Ample space for parking, building expansion, or future growth. Zoning: Commercial zoning allows for a wide range of business opportunities, including retail, office space, hospitality, storage facilities, and more. Infrastructure: Proximity to essential utilities, ensuring a smooth and efficient development process. Investment Potential: With its prime location and versatile zoning, this property presents a lucrative investment opportunity in a growing area. ?? Nearby Amenities: Highway Access: Convenient access to State Road 67, a major thoroughfare connecting to other significant routes, facilitating easy transportation and logistics. Local Attractions: Close to Paragon and Martinsville, providing access to local businesses, dining, shopping, and community services. Economic Growth: Benefit from the economic growth and development in Morgan County, with increasing demand for commercial properties in the area. This 5-acre commercial property is a rare find in a sought-after location. Whether you're looking to establish a new business, expand your current operations, or invest in a property with strong potential for appreciation, this opportunity should not be missed.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. Copyright 2025 Terre Haute Area Association of REALTORS, Inc. All rights reserved.



Paragon Real Estate

The median home value in Paragon, IN is $225,500. This is lower than the county median home value of $245,300. The national median home value is $338,100. The average price of homes sold in Paragon, IN is $225,500. Approximately 42.03% of Paragon homes are owned, compared to 24.85% rented, while 33.13% are vacant. Paragon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Paragon real estate agent to arrange a tour today!

Paragon, Indiana has a population of 573. Paragon is less family-centric than the surrounding county with 13.99% of the households containing married families with children. The county average for households married with children is 29.67%.

The median household income in Paragon, Indiana is $46,667. The median household income for the surrounding county is $71,882 compared to the national median of $69,021. The median age of people living in Paragon is 40.7 years.

Paragon Weather

The average high temperature in July is 84.9 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 46.6 inches per year, with 17.2 inches of snow per year.

Paragon Real Estate Market Conditions

  • Median sales price

    $225,500
    17.9% change since last quarter
  • # Active listings

    9
    30-day change

Paragon Schools and Demographics

Education near Paragon, IN

Metric City County
High School Graduates 76.37 88.48
College Degree - 2 year 6.32 8.89
College Degree - 4 year 1.92 19.11
Graduate Degree 0 5.08
Expenditures per Student 11,520 11,520
Students per Teacher 15.1 15.1

Elementary Schools near Paragon, IN

School Grades Students P/T Ratio ZIP
Centerton Elementary School KG - 05 265 15.6 46151
Central Elementary School KG - 05 179 11.9 46151
Charles L Smith Elementary School PK - 05 327 19.2 46151
Eminence Elementary School KG - 05 149 12.4 46125
Gosport Elementary School KG - 06 161 22.4 47433
Green Township Elementary School KG - 05 242 16.1 46151
Monrovia Elementary School PK - 05 645 23 46157
Paragon Elementary School KG - 05 290 17.1 46166
Poston Road Elementary School KG - 05 377 15.1 46151
South Elementary School KG - 05 416 17.3 46151
Waverly Elementary School PK - 06 348 24.9 46151

Middle Schools near Paragon, IN

School Grades Students P/T Ratio ZIP
Martinsville West Middle School 06 - 08 551 15.5 46151
Monrovia Middle School 06 - 08 373 13.3 46157
Ronald K Bell East Middle School 06 - 08 632 19.4 46151

High Schools near Paragon, IN

School Grades Students P/T Ratio ZIP
Eminence Junior/Senior High School 06 - 12 235 10.2 46125
Martinsville High School 09 - 12 1,560 18.7 46151
Monrovia High School 09 - 12 447 13.2 46157

Demographics near Paragon, IN

Metric City County
Neighborhood Type Suburban
Population 573 71,394
Population Density 2,018 177
Median Age 40.7 41.6
People per Household 2.6 2.6
Median Household Income 46,667 71,882
Average Income per Capita 21,195 33,600