114 N Elm St, Paris, AR 72855
For Sale
1 / 45
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.
-
Sew Charming (Bike/Boat/Book/etc) Store Home Decor Store
-
Tootsie Toes Photography (Bike/Boat/Book/etc) Store Photography Service
-
Simply Shy Boutique Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.