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316 S Main St
Paris, IL 61944
Absolute NNN Hardee's (Dark) · Retail Property For Sale
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
$485,733 CAD
Price Per SF
$106.17 CAD
Cap Rate
6.29%
NOI
$30,532 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.53 AC
Zoning
C2
Property Taxes
| Parcel Number | 09-18-01-405-002 | Improvements Assessment | $104,280 CAD |
| Land Assessment | $14,949 CAD | Total Assessment | $119,228 CAD |
Property Taxes
Parcel Number
09-18-01-405-002
Land Assessment
$14,949 CAD
Improvements Assessment
$104,280 CAD
Total Assessment
$119,228 CAD
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