41 1St St Paris, TX 75460
This exceptional commercial property, located in downtown Paris, Texas, presents a lucrative investment opportunity. Situated at 41 1st NW, this two-story building boasts a total of 2,420 square feet and offers a prime location adjacent to Stone Title Company. Its convenient downtown location places it within walking distance of various dining and entertainment options. The first floor comprises two reception areas, three offices, two bathrooms, and a kitchen. Upstairs, you'll find a spacious reception area, a kitchen, a bathroom, three additional offices, and a conference room providing a stunning view of the downtown courthouse. The building's design includes both front and rear entrances, along with two staircases for convenient access to both floors. This unique property offers significant income-producing potential through yearly leases, ensuring a stable and consistent revenue stream for the investor. The property is zoned for commercial use and is offered at an asking price of $625,000. This presents a rare chance to acquire a well-situated, income-generating commercial building in a thriving Texas town. Don't miss this chance to secure a valuable addition to your investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.