26 2Nd StParis, TX 75460

For Sale
$598,000 View listing
  • Commercial real estate
  • 12,740 SF

Property Details for 26 2Nd St

Year built
1913
Lot size
0.07 AC
Property size (Sq ft)
12,740 SF
Property type
Commercial real estate
APN
101544
APU
101544

Description

This exceptional three-story commercial property, situated on a 0.3-acre lot at 26 NE 2nd Street in Paris, Texas, presents a unique investment opportunity. Boasting 12,740 square feet of space, the building is located in the vibrant historic district, offering high visibility and excellent foot traffic. Its classic architectural design, including stately columns, creates a striking presence. The interior layout is versatile, spanning three levels, and includes a spacious basement with a fascinating history. Originally used as a World War II fallout shelter, the basement retains its original boiler, adding to the building's historical character. The property's prime location places it amongst charming shops and cafes, making it ideal for a variety of commercial uses. Whether envisioned as a boutique retail space, office suites, or a mixed-use development, this building offers significant potential. Its grand entrance and historical charm provide an attractive backdrop for any business, while the opportunity to preserve and showcase its historical elements adds further appeal. This is a rare chance to acquire a truly distinctive property in the heart of Paris, Texas. The building's size, location, and historical significance combine to create a compelling investment prospect.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,211,432
    Hospitality
    $2,941,654
    Educational
    $2,447,422
    Medical
    $2,531,593
    Retail
    $3,807,101
26 2Nd St, Paris, Texas

Location Insight

City
Paris
County
Lamar
State
Texas
Latitude
33.6619
Longitude
-95.5543
CBSA code
37580
CBSA name
PARIS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,658
$14,350
$415,670
$430,020
-
$14,350
$415,670
$430,020

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