1905 E Price St, Paris, TX 75460
- $895,000
- List Price
- $895,000
- Price Change
- ▼ $95,000 1776735203
- MLS#
- 21093623
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1960
- Acres
- 1.07
- County
- Lamar
- City
- Paris
- Subdivision
- City Of Paris
Property Description
Formerly a daycare, this versatile 11,000+ SF commercial property sits on 1+ acre with dual road frontage in a Multi-Family Dwelling District. The functional layout includes 12 private rooms with full baths, office areas, a commercial kitchen, laundry, and multiple flex spaces, creating endless end-use potential for multi-family conversion, co-working, flex office suites, medical or wellness, senior-focused services, hospitality group lodging, or community training space. Centrally located near downtown, shopping, and medical centers, it supports strong lease demand and long-term value. Current income supports an estimated 10% cap rate with upside potential, and the property is located in a Texas Opportunity Zone offering potential tax incentives.
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Additional Information
- Unexempt Taxes
- $21,206
- Lot Size
- 46,522
- Lot Description
- Backs To Greenbelt Park, Landscaped, Few Trees
- Flooring
- Vinyl
- Foundation
- Slab
- Roof
- Composition
- Building Stories
- 1
- Parking Garage
- Attached, Additional Parking, Circular Driveway, Carport, Driveway
- Proposed Use
- Hotel/Motel, Medical/Dental, Office, Other
- Inclusions
- Building Only, Land & Improvements
- Possession
- CloseOfEscrow
- Community Features
- Sidewalks
Mortgage Calculator
Listing courtesy of Shannon Miles from EXP REALTY. Contact: 469-588-8395