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116 Bonham Street
Paris, TX 75460

Retail Property For Sale

Investment Highlights

  • Heavy daytime traffic

Executive Summary

HISTORICAL COMMERCIAL BUILDING FOR SALE TEXAS
LOCATION: Located in Historical Downtown Paris Texas in Lamar County. 90 miles northeast of
Dallas, TX and minutes from Oklahoma.
PROPERTY: This commercial building for sale consists of approx. 6,000 sq. ft. of history for over
100 years.
Downtown commercial building consists of two units with loft above. Unit 1 is currently being used
as locally owned Boba tea shop and café. This unit was previously home to a small restaurant and
still has a stainless / metal lined kitchen area in back with large operating vent a hood system that
is currently not used. There are two bathrooms up front and a 3rd bathroom in the back along with a
separate closet. This unit has a back door access to the loft and the vacant unit adjacent. Unit 2 is
currently vacant but was previously utilized as a Barber Shop. A/C has new motor inside, and
outside unit has had new compressor and fan motor and blades replaced all within last year with
some remodel on front half of building. There is an approx. 3,000 sq. ft. loft above both units with 2
separate stairwells. This area has updated electrical and plumbing, along with A/C. This unit has
three nice big skylights installed. Floor is solid. Some amenities include bathroom fixtures such as
shower, sink, and toilet. Also in this unit is the original 1916 wall mounted pull chain flush toilet.
The loft has Downtown Square and fountain view in the front and courtyard view in the back. The
loft area also has roof access point for the building.
This building can be purchased in conjunction with 122 & 130 Bonham St for $550,000.
Contact Kim Ross for more information, 903-491-6797.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,832 SF
Building Class
C
Year Built/Renovated
1890/2022
Price
$210,000
Price Per SF
$36
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.56
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13676
Land Assessment
$6,300
Improvements Assessment
$198,410
Total Assessment
$204,710
  • Listing ID: 30683564

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 116 Bonham Street, Paris, TX 75460

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