339 Main Street 1-5, Paris, KY 40361 (MLS# 26007687)

339 Main Street 1-5, Paris, KY 40361

$1,650,000

Property Type: Commercial Sale Square Footage: 10,362 Lot Size (sq. ft.): 3,920 Status: Active

Current Price: $1,650,000 List Date: 4/12/2026 Last Modified: 4/12/2026

Overview

Description

Incredible opportunity to own a historic income producing property in Downtown Paris, Ky. The Old Bank Building, built in 1899 has a gorgeous art deco facade, consisting of a total of 4 stories, this truly is a masterpiece. Multiple years lease signed with 2 street level tenants, in main building there are 3 additional 1/1 bath apartments, with full kitchens, and laundry hookup in each unit. An elevator services the upstairs tenants. Also included in this offering are 3 Ardery Place and 5 Ardery Place, which are the brick buildings behind the bank but adjacent to the Courthouse. 3 Ardery Place has an office area on the street level and a possible living area on the second floor, or more office space. 5 Ardery Place has a first floor office space and an apartment upstairs, accessible at the rear of the building. There is a conference room, available for rent hourly, and an eclectic attic area for either storage or finish out as another loft type apartment. There are 5 parking spa ... (Read more)

Listing Details MLS# 26007687

Listing Information

Comp Sale YN: No
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-04-12

Address

County: Bourbon
Street Number: 339
Street Name: Main
Street Suffix: Street
Unit Number: 1-5
State: KY
Zip Code: 40361
Parcel Number: 026-70-31-007.00

Contract

Original List Price: 1650000
Start Showing Date: 2026-04-12
Listing Contract Date: 2026-04-12
Listing Agreement: Exclusive Right To Sell
Occupant Type: Tenant
Office Exclusive YN: No
List Price/SqFt: 159.24

Tax Legal

MLS Area Major: 006 - Bourbon County
Subdivision Name: City Limits

Interior

Living Area: 10362
Living Area Units: Square Feet
Living Area Source: Public Records
Building Area Total: 10362
Building Area Source: Assessor
Building Area Units: Square Feet

More Information

Parking Information

Parking Total: 5

Building

Basement YN: No
Year Built: 1899
Stories Total: 4
Accessibility Features YN: Yes

Lot

Lot Size Acres: 0.09
Lot Size Square Feet: 3920.4
Road Frontage Feet: 90

Utilities

Cooling YN: Yes
Heating YN: Yes
Cable Available: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Remarks

Public Remarks: Incredible opportunity to own a historic income producing property in Downtown Paris, Ky. The Old Bank Building, built in 1899 has a gorgeous art deco facade, consisting of a total of 4 stories, this truly is a masterpiece. Multiple years lease signed with 2 street level tenants, in main building there are 3 additional 1/1 bath apartments, with full kitchens, and laundry hookup in each unit. An elevator services the upstairs tenants. Also included in this offering are 3 Ardery Place and 5 Ardery Place, which are the brick buildings behind the bank but adjacent to the Courthouse. 3 Ardery Place has an office area on the street level and a possible living area on the second floor, or more office space. 5 Ardery Place has a first floor office space and an apartment upstairs, accessible at the rear of the building. There is a conference room, available for rent hourly, and an eclectic attic area for either storage or finish out as another loft type apartment. There are 5 parking spaces that are dedicated to the building, with additional street parking, including handicapped. All Residential apartments have been completely renovated or are currently under renovation. 3 Ardery Place can be purchased separately for $499,000 and 5 Ardery Place can be purchased separately for $299,000

Building and Property Details

Building Expansion Potential YN: No
Lot Expansion Potential YN: No
Railroad Siding YN: No
Electricity Location: Main boxes in Attic area

Income and Expenses

Cash Flow Before Tax: 10300
Gross Scheduled Income: 19500
Total Actual Rent: 10300

Tax & Legal

Business Name: USDA/ Office For Economic Development, Main Building
Tax Rate: 1.1613
Zoning: Other
Zoning Description: Commercial first Fl/ Res upper
Directions: From New Circle, Broadway turns into Paris Pike, follow all the way to the end of town building on the left side of Main St

Association/Community

Number Of Buildings: 3

Construction Materials

Brick: Yes
Stone: Yes

Cooling

Central Air: Yes

Heating

Natural Gas: Yes

Parking Features

On Site: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Water Heater

Electric: Yes

Building Features

Elevator(s): Yes
Kitchen Facilities: Yes
Partially Carpeted: Yes
Tile/Brick Floor: Yes
Wood Flooring: Yes

Business Type

Professional/Office: Yes

Ceiling

Dropped: Yes

Docks

None: Yes

Electric

200+ Amp Service: Yes

Existing Lease Type

Gross: Yes

Sale Includes

Building(s): Yes
Leases: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Showing Service: Yes

Property Features

Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected; Cable Available; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Building Features: Elevator(s); Kitchen Facilities; Partially Carpeted; Tile/Brick Floor; Wood Flooring Business Type: Professional/Office Ceiling: Dropped Construction Materials: Brick; Stone Cooling: Central Air Docks: None Electric: 200+ Amp Service Existing Lease Type: Gross Heating: Natural Gas Parking Features: On Site Possession: Close Of Escrow Sale Includes: Building(s); Leases Sewer: Public Sewer Water Heater: Electric Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Showing Service

Listing Office: Century 21 Advantage Realty - Georgetown

Last Updated: April - 12 - 2026

Information deemed reliable but not guaranteed.