Step back in time and seize a rare opportunity in the heart of Paris, Tennessee! This stunning, historic building boasts updated mechanicals, ensuring modern comfort within a timeless facade. Featuring two fully occupied apartments (one 2/1, one 1/1,) income-producing office space, and a sprawling ground-level retail space/event center, this property offers a fantastic Cap Rate and the chance to own a piece of history. Invest in a landmark and watch your returns flourish!
Paris is located in Tennessee. Paris, Tennessee has a population of 10,332. Paris is less family-centric than the surrounding county with 16.86% of the households containing married families with children. The county average for households married with children is 22.71%.
The median household income in Paris, Tennessee is $35,958. The median household income for the surrounding county is $43,444 compared to the national median of $69,021. The median age of people living in Paris is 39.7 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 27.2 degrees. The average rainfall is approximately 53.7 inches per year, with 4.9 inches of snow per year.