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    26 2Nd St Paris, TX 75460

    For Sale
    $598,000

    Prime location, 12,740 sq ft, 3-story building

    Property size:
    12,740 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional three-story commercial property, situated on a 0.3-acre lot at 26 NE 2nd Street in Paris, Texas, presents a unique investment opportunity. Boasting 12,740 square feet of space, the building is located in the vibrant historic district, offering high visibility and excellent foot traffic. Its classic architectural design, including stately columns, creates a striking presence. The interior layout is versatile, spanning three levels, and includes a spacious basement with a fascinating history. Originally used as a World War II fallout shelter, the basement retains its original boiler, adding to the building's historical character. The property's prime location places it amongst charming shops and cafes, making it ideal for a variety of commercial uses. Whether envisioned as a boutique retail space, office suites, or a mixed-use development, this building offers significant potential. Its grand entrance and historical charm provide an attractive backdrop for any business, while the opportunity to preserve and showcase its historical elements adds further appeal. This is a rare chance to acquire a truly distinctive property in the heart of Paris, Texas. The building's size, location, and historical significance combine to create a compelling investment prospect.

    Property Features for 26 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,740 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built
    1913
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    American Legion Bldg. Historical Landmark Fisher Brady Attorney Northeast Texas Properties Commercial Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Paris
    County
    Lamar
    State
    Texas
    Longitude
    -95.55431
    Latitude
    33.66186

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, 12,740 sq ft, 3-story building
    Where is this commercial real estate located?
    The property is located at 26 2Nd St Paris, TX.
    What is the asking price?
    The asking price for this property is $598,000.
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    26 2Nd St Paris, TX 75460
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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
    26 2Nd St Paris, TX 75460
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