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Mixed-Use Building with Loft
For Sale
$385,000

116 N MARKET ST, Paris, TN 38242

Commercial Sale, PARIS, TN

Property Size4,200 SF
Price / SF$91.67
Days on Market63

Property Features for 116 N MARKET ST

General Information

Property type Commercial Sale
Property subtype Other
Subdivision PORTER ADD.
Standard status Active
APN 005.00
Size 4,200 SF

Taxes and HOA fees

Tax Annual Amount 1090

Amenities

new hvac units
high ceilings
view of the court house lawn
all appliances

Building Details

Year built 1900
Listing Agency: Cornerstone Real Estate · RE/MAX International
Listed By: Julie Leach/ Bob Leach
Added: Jul 8 Changed: Sep 5 Last Checked: Sep 8 at 11:06AM
MLS# 136980

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 4,200-square-foot mixed-use building contains a commercial lease unit on the first floor and a 2,100-square-foot loft apartment or living area above. The upper level features high ceilings and can accommodate either residential or commercial use. New HVAC units serve the property, and all appliances are included.

Located at 116 N Market St in Paris, Tennessee, the second-floor space offers a view of the courthouse lawn. The building dates to 1900 and combines street-level commercial space with a substantial upper-floor area in a single property.

Key Highlights

  • 4,200‑square‑foot mixed‑use building with first‑floor commercial lease unit
  • 2,100‑square‑foot second‑floor loft apartment or living area
  • Upper level supports residential or commercial use

Property Analytics

Current Use

Kad's Creations Nail Salon la tour Salon ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Accounting Firm Kitchen & Bath Showroom Building Supply Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
FirstBank Shops & Services
2,562 visits/mo 0.0 miles

Demographics for 38242, TN

19,940
Population
9,390
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
175.5 sq mi
ZIP Area
114
Density / Sq Mi
$44,833
Median Household Income
$35,723
Median Earnings
$759
Median Rent
$157,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines a leased commercial unit with adaptable upper-floor living or business space.
Where is this mixed-use property located?
The property is located at 116 N MARKET ST Paris, TN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 4,200‑square‑foot mixed‑use building with first‑floor commercial lease unit; 2,100‑square‑foot second‑floor loft apartment or living area; Upper level supports residential or commercial use
More about this property
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