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Property summary
This exceptional commercial property in Paris, AR, presents a unique investment opportunity. Located on 0.16 acres across from a major bank, this four-unit building offers high visibility and accessibility. The property includes two adjacent parcels and features four separate rental spaces, each with its own updated bathroom, new awnings, storm doors, and lighting. A brick firewall and two separate entrances ensure tenant privacy and safety. Ample parking is available in the side and rear lots, which convey with the building. The building's historic charm is complemented by recent updates, providing a solid foundation for new owners to personalize and enhance. Previously occupied by a variety of businesses, including retail stores, offices, and salons, this property offers diverse income potential. Its prime downtown location, adjacent to the bustling square, guarantees high foot traffic and visibility. This is a rare chance to acquire a piece of Paris's history and build a successful future. The property's versatility makes it ideal for both owner-occupancy and rental income generation. Don't miss this chance to own a thriving commercial property in a vibrant community.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Home Decor Store
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(Bike/Boat/Book/etc) Store Photography Service
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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