2705 Lamar AVE Paris, TX 75460
2,340 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,340 sqft
Price per Sqft $157
Subdivision City Of Paris
MLS Listing ID 20927026
HOA Y/N No
Year Built 1998
Annual Tax Amount $3,849
Lot Size 7,361 Sqft
Acres 0.169
Lot Dimensions 52x139
Property Sub-Type Retail
Property Description
Property Highlights:
• 100% occupied with two established tenants
• Front retail space leased to long-term franchise tenant Papa Murphy's
• Warehouse space leased by Main Trading Company, a known local business
• Situated on a high-traffic thoroughfare with excellent street frontage and accessibility
This turnkey investment offers stable cash flow and minimal management, making it ideal for both seasoned and new investors seeking a strategic asset in a thriving location. Papa Murphys franchise owners throughout the years have been leasing this space almost 15 years, with current franchise owners leasing since 2021. Main Trading Company has been leasing the warehouse for 10 years.
Location
State TX
County Lamar
Community Curbs, Sidewalks
Zoning Retail
Direction Corner of Lamar Avenue and 27th Street NE across from CEFCO
Interior
Heating Central, Electric, Heat Pump
Cooling Central Air, Electric
Flooring Ceramic Tile, Other
Inclusions Building Only, Land & Improvements
Fireplace No
Exterior
Parking Features Alley Access, Door-Single, On Site, Paved, Parking Lot, Garage Faces Rear, Shared Driveway
Community Features Curbs, Sidewalks
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Available, Separate Meters, Water Available
Water Access Desc Public
Roof Type Metal
Accessibility Accessible Approach with Ramp, Accessible Doors, Accessible Entrance
Road Frontage City Street, All Weather Road
Garage Yes
Building
Lot Description Acreage, Corner Lot
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Others
Tax ID 110590
Security Features Security System Leased
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20927026