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Mixed-Use Building with Apartments
For Sale
$269,000

214-216 Main Street, Paris, KY 40361

The property combines office space with two vacant apartments arranged on separate floors.

Property Size5,629 SF
Price / SF$47.79
Days on Market131

Property Features for 214-216 Main Street

General Information

Standard status Active
Size 5,629 SF
Property subtype Mixed Use

Units

Multifamily Units 2
Office Units 2

Additional Details

Currently Operating Yes

Building Details

Building Size 5,629 SF
Year Built 1860
Buildings 1
Listing Agency: Oak & Acre
Listed By: Charles Nichols · License #195655
Source: Horseandhomeestates
Added: Jun 19 Changed: Oct 26 Last Checked: Oct 26 at 3:59PM

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 Oak & Acre

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes two office areas and two apartments, one on each level. The larger front office previously served as an insurance office, while the smaller office is used for business appraisal work. Both apartments are vacant and have front and rear entrances.

The upper apartment has a living room, kitchen, three small bedrooms, two closets, and a laundry room with storage. The first-floor apartment includes a living room, kitchen, three large bedrooms, one bathroom, and a laundry room. The building is estimated to date to circa 1860.

Key Highlights

  • Two office areas and two vacant apartments
  • Apartments occupy the first and second floors, with entrances at the front and rear
  • Upper apartment has three small bedrooms, two closets, and a laundry room with storage

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Big Box & Wholesale Store Building Supply HVAC Service Bakery

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

2
Office units
2
Residential units

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 40361, KY

18,214
Population
8,173
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
257.1 sq mi
ZIP Area
71
Density / Sq Mi
$57,074
Median Household Income
$36,206
Median Earnings
$793
Median Rent
$216,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines office space with two vacant apartments arranged on separate floors.
Where is this mixed-use property located?
The property is located at 214-216 Main Street Paris, KY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two office areas and two vacant apartments; Apartments occupy the first and second floors, with entrances at the front and rear; Upper apartment has three small bedrooms, two closets, and a laundry room with storage
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