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Absolute NNN Hardee's (Dark) 316 S Main St 4,575 SF Retail Building Paris, IL 61944 $482,475 CAD ($105.46 CAD/SF) 6.29% Cap Rate

Retail Spaces Illinois Paris 316 S Main St, Paris, IL 61944

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INVESTMENT HIGHLIGHTS

  • Freestanding Value Add Restaurant Building | Former Hardee’s with existing restaurant layout, kitchen infrastructure, and dedicated parking
  • Drive-Thru Potential | Site configuration and prior use support drive-thru functionality, a highly desirable feature for modern QSR
  • Small-Market Stability | Located in a stable market with retailers like Dollar General, Verizon, Burger King, Walmart, Dollar Tree, CVS and More
  • High-Visibility Location | Positioned along South Main Street, a primary north–south corridor through Paris averaging 6,500+ vehicles per day
  • Strong Accessibility | Convenient ingress/egress with close proximity to downtown Paris and nearby residential neighborhoods, schools, and development

EXECUTIVE SUMMARY

Freestanding Value Add Restaurant Building | Former Hardee’s with existing restaurant layout, kitchen infrastructure, and dedicated parking, allowing for efficient re-tenanting or redevelopment

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,575 SF
Building Class
B
Year Built
1973
Price
$482,475 CAD
Price Per SF
$105.46 CAD
Cap Rate
6.29%
NOI
$30,327 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.53 AC
Zoning
C2

LINKS

1 1
316 S Main St, Paris, IL - AERIAL map view
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

The YMCA
Curves
Scooter's Coffee
Anytime Fitness
Kroger
Rent-A-Center
Starbucks

PROPERTY TAXES

Parcel Number 09-18-01-405-002 Improvements Assessment $103,740 CAD
Land Assessment $14,871 CAD Total Assessment $118,611 CAD

PROPERTY TAXES

Parcel Number
09-18-01-405-002
Land Assessment
$14,871 CAD
Improvements Assessment
$103,740 CAD
Total Assessment
$118,611 CAD
(248) 702-0288

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 39160467

  • Date on Market: 2026-01-21

  • Last Updated:

  • Address: 316 S Main St, Paris, IL 61944

The Retail Property at 316 S Main St, Paris, IL 61944 is currently available for Sale. Contact Encore Real Estate Investment Services for more information.

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Absolute NNN Hardee's (Dark) | 316 S Main St
(248) 702-0288 x

Absolute NNN Hardee's (Dark) | 316 S Main St

Deno Bistolarides
(248) 702-0288

Kaleb Rupp
(419) 344-3989

Gabe Nitschke
(419) 575-2086

Hunter Rupp
(419) 345-8661

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