Auction Items For Sale
PAOLI COMMERCIAL REAL ESTATE AUCTION
CRESTWOOD MFG/INDIANA HANDLE CO
13+ ACRES WITH 80,000+ SF OF BUILDINGS
OFFERED IN THREE TRACTS
ONLINE ONLY-BIDDING ENDS MARCH 29
ADDRESS: West Main St, Paoli, IN 47454
Located just one mile west of Historic Downtown Paoli on US-150!
TRACT #1 (1514 W MAIN ST): includes 7 +/- acres with 1000’ +/- of road frontage on W Main St/US-150; improvements include: main building-54,000+ SF two-story (walk-outs on both floors) with offices & manufacturing areas; building #2-4200 SF metal pole building; building #3-1100 SF metal pole building; building #4-900 SF metal pole building; 3.8 +/- acres of wooded property on north side; assorted buildings (including Harvestore Silo) & equipment related to heating system; NOTE-Hurst wood-burning furnace with be offered separately from Tract #1.
LOT #1A: 1995 Hurst 200HP 150 PSI Hybrid Boiler, model: UFW, fuel: wood-burning, dual chamber, purchased new/installed in 1996 for $680K, MFG S/N: HYB1345-150-5, currently used daily, all new tubes installed 2016 ($45K cost), can be converted to gas, inspected by State of IN 9/2020; includes-related electrical panels & disconnects, water heater tank with pump, cleaning system, 8’ feed conveyor, all maintenance related equipment, paperwork & maintenance records, & includes most items in 36’ x 40’ building (less silo items); buyer has 30 days to remove & must provide proof of insurance.
TRACT #2 (1200 W MAIN ST): includes 6 +/- acres with 225’ +/- of road frontage on West Main St/US-150; improvements includes 7 buildings; building #1 (former Mill)-114’L x 45’W x 12’H metal sided pole building with concrete floor/6 sliding doors, insulated, & 2012 roof; building #2 (lumber storage)-3300 SF pole building; building #3 (lumber storage): 1215 SF pole building; building #4 (dry kilns): 1990 SF; building #5 (storage shed): 1400 SF; building #6 (former boiler building with office): 1215 SF; building #7 (open shed): 290 SF; site is mostly open acreage with 2 +/- acres on north side being wooded; large amount of square footage under roof-ideal storage facilities for general warehousing, equipment, campers, etc!
TRACT #3 (1313 W MAIN ST): 0.18 +/- acres, with frontage on W Main St/US-150, former home site, located directly across seat from Tract #1, ideal building lot or parking for Tract #1 offices
INSPECTION/OPEN HOUSE: Thurs March 18 3-5 PM & Mon March 29 10 AM – 12 Noon
EQUIPMENT/CONTENTS OF BUILDINGS: Most equipment/machinery will be sold separately via an online auction that will end on March 30. Some equipment will not be removed and will be included with real estate.
ZONING: TRACT #1-Highway Commercial; TRACT #2-Highway Commercial; TRACT #3-Highway Commercial
UTILITY PROVIDERS: Electric-Town of Paoli; Water-Paoli; Sewer-Paoli
POSSESSION/CLOSING INFO: Possession at closing. Buyer to pall all closing fees except deep prep.
TAXES (Based on current exemptions): Tract #1 (combined): $14,024/year; Tract #3: $59.32/year
PARCEL ID: Tract #1: 59-11-02-100-047.000-012 (part) & 59-06-35-400-066.002-012; Tract #2: 59-11-02-100-047.000-012 (part); Tract #3: 59-11-02-100-009.000-012
REFERENCE POINTS: French Lick-10 miles E; Bedford-23 miles S; Jasper-35 miles NE; Corydon-38 miles NW; Louisville KY-47 miles NW
OWNER: Crestwood Manufacturing, Inc.