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    OFF-MARKET
    Retail properties & Spaces

    504-522 Jasper St, Paris, IL 61944

    94,050 SF Built 1979
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, the Paris Shopping Center, presents a rare opportunity for businesses seeking flexible and strategically located space in Edgar County, Illinois. The 94,050 square foot center, built in 1979 and zoned C-2, sits on an expansive 11.5-acre lot (APN: 09-18-12-200-019). Currently, there are 32,320 square feet of vacant space available, divisible into units ranging from a minimum of 7,918 square feet to a maximum contiguous space of 24,402 square feet. Two notable spaces are available: a former grocery store (24,402 sq ft) featuring two dock doors, and a former office space (7,918 sq ft). The property's convenient location at 504-522 E Jasper St, Paris, IL 61944, places it just west of a Walmart Supercenter, offering excellent visibility and accessibility. Its proximity to Interstate 70 (20 minutes) and Terre Haute, Indiana (30 minutes) further enhances its strategic appeal. The center boasts a strong tenant mix, including RP Lumber, Anytime Fitness, Los Tres Caminos, and New China Buffet, creating a vibrant and established commercial environment. This Class C property offers a compelling investment opportunity for businesses seeking high-traffic exposure and a well-established location within a thriving community. The property's size and layout provide significant flexibility for a variety of retail and office uses.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1979
    Total area 94,050 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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