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Absolute NNN Hardee's (Dark) 316 S Main St 4,575 SF Retail Building Paris, IL 61944 $350,000 ($76.50/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
$350,000
Price Per SF
$76.50
Cap Rate
6.29%
NOI
$22,000
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)
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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 $74,990
Land Assessment $10,750 Total Assessment $85,740

Property Taxes

Parcel Number
09-18-01-405-002
Land Assessment
$10,750
Improvements Assessment
$74,990
Total Assessment
$85,740
(248) 702-0288

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 39160467

  • Date on Market: 1/21/2026

  • Last Updated:

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

More public record information on 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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