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Renovated Five-Unit Storefront Property
For Sale
$485,000

117 E Wood St, Paris, TN 38242

Commercial Sale, PARIS, TN

Property Size4,501 SF
Lot Size0.11 Acres
Price / SF$107.75
Days on Market288

Property Features for 117 E Wood St

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Paris
Standard status Active
APN 014.01
Size 4,501 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 1005

Amenities

separate electric meters
gated courtyard
private off-street parking

Building Details

Year built 1920
Listing Agency: Prosper Realty Group
Listed By: Alexandria Stout · License #375002
Added: Nov 6, 2025 Changed: Aug 20 Last Checked: Aug 21 at 9:06PM
MLS# 134986

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 renovated storefront property contains 5 units within approximately 4,501 square feet. Originally built in 1920, the building retains historic character while incorporating substantial updates, including a replacement roof, upgraded electrical and plumbing systems, new lighting, HVAC improvements, mini-split systems, water heaters, and commercial-grade waterproof flooring. Separate electric meters support distinct unit operations, while a gated courtyard and private off-street parking add functional site features.

Located in Downtown Paris at 117 E Wood St, the property offers a multi-unit commercial configuration in Henry County. The combination of updated building systems, divided occupancy, and supporting exterior amenities creates a flexible storefront asset for commercial use.

Key Highlights

  • 5‑unit storefront property with approximately 4,501 square feet
  • Built in 1920 with extensive renovations and system upgrades
  • 0.11‑acre site in Downtown Paris at 117 E Wood St

Property Analytics

Current Use

Kingsview Partners - Ashli ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Plumbing Service Accounting Firm Kitchen & Bath Showroom Building Supply Auto Repair Shop

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

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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Similar Off Market Nearby

  • The Flower Station 202 Dunlap St, Paris, TN 38242

Frequently Asked Questions

What type of property is this?
Storefront property - Renovated commercial property with separate electric meters, a gated courtyard, and private off-street parking.
Where is this storefront property located?
The property is located at 117 E Wood St Paris, TN.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 5‑unit storefront property with approximately 4,501 square feet; Built in 1920 with extensive renovations and system upgrades; 0.11‑acre site in Downtown Paris at 117 E Wood St
More about this property
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