121-125 LAMAR AVENUE, PARIS, TX 75460
Homes for sale in Paris.
Homes for sale in 75460.
List Price$1,300,000
121-125 Lamar Avenue
Paris, TX 75460
Listing #21313112
About This Property
EXCEPTIONAL MIXED-USE INVESTMENT OPPORTUNITY IN THE HEART OF HISTORIC DOWNTOWN PARIS, TEXAS! THIS BEAUTIFULLY RENOVATED PROPERTY FEATURES FOUR INCOME-PRODUCING UNITS, INCLUDING TWO STREET-LEVEL RETAIL - COMMERCIAL SPACES CURRENTLY LEASED TO ESTABLISHED BUSINESSES AND TWO SECOND-FLOOR RESIDENTIAL LOFTS IDEAL FOR LONG-TERM RENTALS OR SHORT-TERM VACATION RENTALS (AIRBNB). EXTENSIVE RENOVATIONS COMPLETED BETWEEN 2023 AND 2024 SEAMLESSLY BLEND HISTORIC CHARACTER WITH MODERN DESIGN, FEATURING SOARING CEILINGS, EXPOSED BEAMS, STUNNING HARDWOOD FLOORS, DESIGNER KITCHENS, AND SPACIOUS OPEN-CONCEPT LIVING AREAS. THIS TURNKEY PROPERTY OFFERS MULTIPLE INCOME STREAMS, MAKING IT AN EXCELLENT OPPORTUNITY FOR INVESTORS SEEKING A LANDMARK DOWNTOWN ASSET WITH STRONG INCOME POTENTIAL. OWNER IS A LICENSED TEXAS REALTOR®.
Property Features
Location Information
County
Lamar
Subdivision
City Of Paris
Interior Features
Has Fireplace
No
Floors
Concrete, Wood
Heating
Central, Electric
Tenant Pays
All Utilities, Electricity, Repairs, Water
Cooling
Central Air
Total Number of Units
3
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
3,571
Foundation
Slab
Possible Best Use
Office, Other, Retail
Roof
Flat, Other
Zoning
Commercial
Utilities
Electricity Connected, Sewer Available, Separate Meters, Water Available
Building Total Area (Sq. Ft.)
7,126
Security System
Fire Alarm, Firewall(s), Fire Sprinkler System, Other
Road Description
City Street, Asphalt
Parking Description
On Street
Is One Story
No
Lot Description
Interior Lot, Historic District
Lot Description
Interior Lot, Historic District
Lot Size in Acres
0.082
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
9873.0
Property SubType
Retail
Community Features
Curbs, Sidewalks
Year Built
1920
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$6,070
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$4,684
Monthly Tax
$1,083
Monthly Insurance
$303
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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