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.
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!
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!
?? 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.
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.
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.