350 Nw 1st, Paris, TX 75460

$495,000

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List Price
$495,000
Price Change
▼ $84,000 1782779557
MLS#
20804519
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1979
Acres
0.92
County
Lamar
City
Paris
Subdivision
City of Paris

Property Description

One of Downtown Paris's best corners is open! The ±2,479 SF former restaurant sits on just a small part of this signalized hard corner, leaving nearly an acre of open, ready-to-build land — room for outdoor seating, expansion, a second pad, or full redevelopment. With frontage and access on three streets, North Main (Hwy 217 N Business), Graham Street, and 1st Street NW, parking is never a concern. That flexibility suits an owner-operator and a developer alike: bring a restaurant, retail or service concept, a medical or office use, or build new from the ground up. Existing restaurant equipment convey with the property (condition unknown). Subdivision is available; survey on file. As the county seat of Lamar County, Paris is the commercial, medical, and retail hub of the Red River Valley. Merchants draw from a 50–60-mile trade area across Northeast Texas and Southeast Oklahoma, far larger than the city's own population. On a corner like this, that market drives past your door every day. Traffic is strong for downtown: per the nearest TxDOT counts, N. Main Street carries roughly 10,300 vehicles per day a half-mile north and 3,400 a tenth-mile south, with about 7,700 on Graham Street just east (AADT, 2023–2025). Actual volumes at the corner may vary. Get started today with your new business in beautiful Downtown Paris, Texas!

Additional Information

Tenant Pays
ParkingFee
Lot Size
40,096
Flooring
Tile
Foundation
Slab
Roof
Flat, Metal
Building Stories
1
Parking Garage
Parking Lot
Proposed Use
Other, Restaurant
Inclusions
Land & Improvements
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Nathan Bell IV from Nathan Bell Property Management and Rentals, LLC. Contact: 903-785-5578