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Multi-Building Mixed-Use Property
For Sale
$240,000

302 S Elm, Paris, AR 72855

Three buildings provide flexible space, with one remodeled structure and another currently being renovated.

Property Size2,943 SF
Price / SF$81.55
Days on Market9

Property Features for 302 S Elm

General Information

Standard status Active
Size 2,943 SF
Property subtype Multi-Unit (2-4)

Property Condition

Severity Repairs Needed
Evidence will need some TLC

Amenities

Lot Size Acres: 0.41
Rubber Roof, Tar Roof, Flat Roof
Sewer Type: Municipal
Percentage of Tax that is Deductable: 0
Tile Floor
Has Central AC: 1
Forced Air Heating, Natural Gas Heat Fuel
Sale, Sale Type: Foreclosure
Built in 1940, Renovation Year: 2025
Above Area Square Feet: 2943
Water Source: Municipal, Natural Gas Available

Building Details

Year Built 1940
Buildings 3
Listing Agency: Eagle Pride Realty
Listed By: Elisabeth Reynolds
Source: Doyle-realty
Added: Sep 18 Changed: Sep 24 Last Checked: Sep 26 at 8:31AM

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 Eagle Pride Realty

Investment Insights

Based on property information with market context.

This mixed-use property comprises three separate buildings totaling 2,943 square feet. One building has been remodeled and is positioned for rental, VRBO, or another income-producing use. A second structure is under renovation, with most materials and items needed for completion included in the sale. The third building provides additional space and requires further work. Two of the buildings have new roofs.

A vacant lot accompanies the buildings and may be used for parking. The property is located at 302 S Elm in Paris, Arkansas, within the Paris School District. Built in 1940, the site offers multiple structures that can support a combination of commercial, rental, and lodging uses, subject to applicable requirements.

Key Highlights

  • Three buildings totaling 2,943 square feet
  • One building remodeled and ready for rental, VRBO, or other income‑producing use
  • Second building is under renovation; most completion materials convey

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

Demographics for 72855, AR

5,914
Population
2,840
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
91%
High-School Grad
179.8 sq mi
ZIP Area
33
Density / Sq Mi
$51,905
Median Household Income
$35,176
Median Earnings
$691
Median Rent
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings provide flexible space, with one remodeled structure and another currently being renovated.
Where is this mixed-use property located?
The property is located at 302 S Elm Paris, AR.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Three buildings totaling 2,943 square feet; One building remodeled and ready for rental, VRBO, or other income‑producing use; Second building is under renovation; most completion materials convey
More about this property
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