121-125 LAMAR AVENUE, PARIS, TX 75460

Homes for sale in Paris.

Homes for sale in 75460.


Active

List Price$1,300,000

121-125 Lamar Avenue

Paris, TX 75460

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21313112

7,126

Square Feet

3

Number of Units

Commercial

Type

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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