1508 Main StParis, TX 75460

Property Details for 1508 Main St

Year built

1969

Property size (Sq ft)

17,200 SF

Property type

Other commercial real estate

APN

11284

APU

11284

Description

This exceptional commercial property in Paris, Texas, presents a unique investment opportunity. Located at 1508 N Main St, this 17,280 square foot mixed-use building sits on a 24,000 square foot lot (APN 11284) and is zoned commercial. The property currently houses a thriving, established family-owned business operating for 69 years, encompassing a fully operational machine shop and hydraulic repair shop with a substantial, county-wide clientele. The business includes the sale of Topline Hydraulics & Gifford's Hardware & Supply Store, offering hydraulic cylinder rebuilding, hydraulic hose manufacturing for various sectors, and a comprehensive inventory of hardware supplies. Extensive, high-quality equipment is included in the sale, featuring a Nexus 250 Mazatrol 640 lathe, Kingston manual lathe, Fadal NXV 1020 A Mill, CNC8856 HS CNC, two additional CNC machines, two mills, and a brand new hydraulic breakdown machine with an industrial crimping machine. This turnkey operation is ready for immediate revenue generation, presenting significant potential for growth and expansion. The asking price is $4,500,000, translating to $260.42 per square foot. This is a rare chance to acquire a well-established, profitable business with substantial assets in a desirable Texas location. The property's size and versatile zoning offer considerable flexibility for future development or continued operation of the existing business.

• Alternative Use

  Use

  Valuation

  Residential

  $4,335,686

  Hospitality

  $3,971,464

  Educational

  $3,304,212

  Medical

  $3,417,849

  Retail

  $5,139,885

Location Insight

City

Paris

County

Lamar

State

Texas

Latitude

33.6758

Longitude

-95.5554

CBSA code

37580

CBSA name

PARIS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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