121-125 Lamar Ave, Paris, TX 75460
- $1,300,000
- 7,126
- SqFt
- List Price
- $1,300,000
- MLS#
- 21313112
- Status
- ACTIVE
- Type
- Commercial
- Subtype
- CommercialSale
- Year Built
- 1920
- Acres
- 0.08
- Living Area
- 7,126
- County
- Lamar
- City
- Paris
- Subdivision
- City Of Paris
Property Description
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®.
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Additional Information
- Unexempt Taxes
- $9,873
- Tenant Pays
- AllUtilities, Electricity, Repairs, Water
- Lot Size
- 3,571
- Lot Description
- Irregular Lot, Historic District
- Flooring
- Concrete, Wood
- Foundation
- Slab
- Roof
- Flat, Other
- Building Stories
- 2
- Parking Garage
- On Street
- Proposed Use
- Office, Other, Retail
- Inclusions
- Building Only
- Possession
- CloseOfEscrow
- Community Features
- Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of SHERRIE WHITE from Real Broker, LLC. Contact: 903-517-3311