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(SOLD) $295,000

420 Main Street Paris, KY  40361

Property Description for 420 Main Street Paris, KY 40361

Located in the heart of downtown Paris, KY, this 1800's era commercial building extends from Main Street to Pleasant Street and offers multiple aspects for the imaginative user: retail - residential (rental or owner occupant, or both: with 2 second floor apartments) - warehouse / storage and onsite indoor parking. The breakdown consists of: -- approx 3,009 SF of retail space fronting on Main St (with full building width (55') of display windows); -- approx 8,647 SF of warehouse space (w/ 6,993 SF on grade and 1,654 SF on second floor) with a drive in door (w/ electric opener) from Pleasant Street (rear 'frontage'); -- two second floor apartments: #1) 'Front apt' offers approx 1,900 SF (2 BR, LR, DR, FR, Eat-in Kit, Full Bath. Central HVAC), Leased 11-1-23 for one year at $850 per month; #2) 'Rear apt' offers approx 724 SF (1 BR, Comb LR + Kit, Full Bath, Mini split HVAC), Leased month to month at $500 per month. PLUS, you can have your very own Tom Waits original (wall mural). How cool is That?

Address:420 Main Street Paris KY 40361
Status:Sold
Sold On: 10/1/2024
Price:$379,000
Bathrooms:0
Year Built:9999
Lot Size:0.28
County: Bourbon
MLS #:23021917

Lot Dimensions:12100
Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8
Building Utilities:Telephone
Directions:From Lexington: Paris Pike becomes Main Street in Paris, Subject on right.
Abv. Grnd. Sq. Ft. :14,280

Loan Price
$1,662
Price And Interest $1,539/month
Property Tax $0/month
MTG INS $0/month
HOME INS $123/month
Price
$295,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,476 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 006 - Bourbon County
City:Paris
Subdivision: Downtown
Zip Code:40361

Exterior Type:Brick
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Gary Wrenn with Wrenn Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Paris, KY Market Report

87
Avg. DOM
$ 359,000
Med. List Price

The house prices in Paris are indeed dropping at the moment. There has been a decrease in price of $108,429.17. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Paris are going Down. The average house price is $360,251.50 and the average price per square feet is $0.00 per square feet. At the moment, the amount of homes listed is exactly 159 houses, with 34 with active status, 15 with pending status and 110 sold in Paris .

The most popular place to buy a home in Paris is 006 - Bourbon County. 006 - Bourbon County is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Paris .

The average amount of property taxes you would have to pay for a home in Paris is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Paris are staying listed for an average of 74 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Paris was 1507 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Paris is $6,475,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Paris is $107,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Paris in year 1794 and the newest built house is in year 9999.

The average size of properties in Paris is 0 sq.ft. , the biggest one being 0 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.