2705 LAMAR AVENUE, PARIS, TX 75460
Homes for sale in Paris.
Homes for sale in 75460.
2705 Lamar Avenue
Paris, TX 75460
List Price$369,000
Listing #20927026
About This Property
Excellent opportunity to invest in a fully leased, income-producing retail property located on a corner lot on bustling Lamar Avenue, one of Paris' primary commercial corridors. This high-visibility location sits at the crossroads of the city's residential and commercial zones, ensuring consistent traffic and strong tenant appeal. Property Highlights: * 100% occupied with two established tenants * Front retail space leased to long-term franchise tenant Papa Murphy's * Warehouse space leased by Main Trading Company, a known local business * Situated on a high-traffic thoroughfare with excellent street frontage and accessibility This turnkey investment offers stable cash flow and minimal management, making it ideal for both seasoned and new investors seeking a strategic asset in a thriving location. Papa Murphys franchise owners throughout the years have been leasing this space almost 15 years, with current franchise owners leasing since 2021. Main Trading Company has been leasing the warehouse for 10 years.
Property Features
Location Information
County
Lamar
Subdivision
City Of Paris
Interior Features
Has Fireplace
No
Tenant Pays
All Utilities, Insurance, Taxes
Heating
Central, Electric, Heat Pump
Total Number of Units
2
Cooling
Central Air, Electric
Accessibility
Accessible Approach with Ramp, Accessible Doors, Acc
Floors
Ceramic Tile, Other
Exterior Features
Construction
Brick, Steel Siding
Lot Size in Acres
0.169
Foundation
Slab
Lot Size in Sq. Ft.
7,361
Roof
Metal
Lot Dimensions
52x139
Water / Sewer
Cable Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available
Possible Best Use
Retail
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available
Zoning
Retail
Security System
Security System Leased
Building Total Area (Sq. Ft.)
2,340
Parking Description
Alley Access, Door-Single, On Site, Paved, Parking Lot, Garage Faces Rear, Shared Driveway
Road Description
City Street, All Weather Road
Has Garage
Yes
Is One Story
No
Lot Description
Acreage, Corner Lot
Lot Description
Acreage, Corner Lot
Additional Information
Year Built Details
Preowned
Tax Annual Amount
3849.0
Property Type
COM
Exclusions
furniture fixtures and equipment - belongs to tenant
Property SubType
Retail
Community Features
Curbs, Sidewalks
Year Built
1998
Documents Available
Survey
Status
Active
Lot Acres Source
Public Records
Similar Listings
Mortgage Calculator
$1,722
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,329
Monthly Tax
$307
Monthly Insurance
$86
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
Listing courtesy of
Kristina House, Landmark Real Estate Group
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NTREIS - North Texas data last updated at July 10, 2025, 3:55 AM CT
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