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    425-427 Main St Paris, KY 40361

    For Sale
    $484,500

    COMMERCIAL - Paris, KY

    Property size:
    5,984 SF
    Lot size:
    0.08 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 425-427 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    026-70-32-007.00
    Size
    5,984 SF
    Lot size
    0.08 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer

    Building Details

    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Rubber, Tar/Gravel

    Lehmann Realtors, LLC (859) 987-9119 [email protected]

    Listing agent Laura C Jackson (859) 987-9119

    Listing date Dec 3, 2025

    Copyright © 2025 ImagineMLS. 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 Mixed-Use Investment

    Located in downtown Paris, this mixed-use property at 425 Main Street features a combination of residential and commercial spaces. The property includes 3 apartments and 4 retail spaces, presenting opportunities for business ventures. One of the upstairs apartments has been renovated with wood finishes and exposed brick walls, complemented by tall ceilings and skylights. The largest downstairs retail space retains its original pressed tin ceilings. This property offers the potential to live and work in the same location, or to utilize the apartments as vacation rentals. The property is an income-generating opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Bourbon
    State
    Kentucky
    Longitude
    -84.250524
    Latitude
    38.211928

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in downtown Paris with retail and apartments.
    Where is this mixed-use property located?
    The property is located at 425-427 Main St Paris, KY.
    What is the asking price?
    The asking price for this property is $484,500.
    What are key features of this property?
    This property features: - Prime downtown location in Paris, KY, offering high visibility and accessibility.; - Mixed-use property featuring 3 apartments and 4 retail spaces, providing diverse income streams.; - Turnkey, income-generating property ready for immediate operation.
    (859) 987-9119
    Request Owner's contact information
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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
    425-427 Main St Paris, KY 40361
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