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    117 E Wood St Paris, TN 38242

    For Sale
    $455,000

    Professional/Office,Retail,Commercial - PARIS, TN

    Property size:
    4,501 SF
    Lot size:
    0.11 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 117 E Wood St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    014.01
    Interior features
    Display Window, Other-see Remarks
    Exterior features
    Additional Buildings, Corner Lot
    Size
    4,501 SF
    Lot size
    0.11 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Natural Gas
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1920
    Flooring type
    Vinyl
    Building materials
    Brick, Concrete, Stone
    Roof type
    Other
    Architectural style
    Other

    Prosper Realty Group (731) 256-9652

    Listing agent Alexandria Stout (731) 256-9652

    Listing date Nov 6, 2025

    MLS# 134986 Listing URL

    Copyright © 2025 Tennessee Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Paris Commercial Investment Opportunity

    Located in downtown Paris, TN, this property offers a commercial investment opportunity. Constructed in 1920, the 4,501 square foot building contains five units and has been renovated. Updates include a new roof, electrical system, lighting, plumbing, HVAC, mini-splits, water heaters, and commercial-grade waterproof flooring. The property features a gated courtyard and a private parking lot. Each unit has a separate electric meter; three units share a water meter. One corner unit features board-and-batten siding with stone accents, while other units display classic brick. Current lease terms range from 18 months to 3 years, with extensions available. The 0.11-acre lot is located near the courthouse, post office, banks, restaurants, coffee shops, and shopping.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kingsview Partners - Ashli ... Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Henry
    State
    Tennessee
    Longitude
    -88.325176
    Latitude
    36.301866

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    FAQs

    What type of property is this?
    Retail space - Renovated 5-unit property in downtown Paris, TN. $50,000+ GRI.
    Where is this retail space located?
    The property is located at 117 E Wood St Paris, TN.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: - Premier downtown Paris, TN location, steps from key amenities.; - Substantial income-generating property: $50,000+ Gross Rental Income (GRI) annually.; - Newly renovated with modern upgrades: **roof, electrical, plumbing, HVAC, flooring.**
    (731) 256-9652
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    117 E Wood St Paris, TN 38242
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    117 E Wood St Paris, TN 38242
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