350 NW 1st Paris, TX 75460

350 NW 1st, Paris, TX, 75460

$579,000

For Sale

$579,000

Former restaurant with ample parking in downtown Paris, Texas.

Property Size2,479 SF

Lot Size1.00 Acre

Price / SF$233.56

AddedApr 22

Days on Market86

Last RefreshJul 8 at 2:57 pm

Property Features for 350 NW 1st

General Information

Standard status: Active
Size: 2,479 SF
Lot size: 1.00 Acre
Property subtype: Commercial

Building Details

Year Built: 1979

Listing office Nathan Bell Property Management and Rentals, LLC

Listing date Apr 22, 2026

Source Signaturere

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Nathan Bell Property Management and Rentals, LLC

Investment Insights

Based on property information with market context.

The property, formerly a restaurant, is situated on over one acre and benefits from high traffic volume. The site offers multiple access points from North Main (Highway 217 North Business), Graham Street, and 1st Street North West, ensuring parking is readily available. Located in downtown Paris, Texas, this 2479-square-foot property presents an opportunity for establishing a new business. A survey is on file.

Key Highlights

High traffic count location
Over 1 acre property size
Ample parking with multiple access points

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$61.9k	$24.96
− Vacancy	−$3.1k	−$1.25
EGI	$58.8k	$23.71
− OpEx	−$14.7k	−$5.93
NOI	$44.1k	$17.78

2,479 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$629.8K

$551.1K – $734.8K (±1% cap)

NOI $44,087 @ 7.0% cap · market cap 7.61%

Second Best

—

no second resolved use

Theoretical Best

Hotel Hospitality

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,705 @ 7.0% cap · market cap 22.57%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

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