The property at 1905 E Price St
A commercial building is a conversation between its bones, its layout, and the person who walks in with a plan. This one has more to say than most.
1905 E Price St was originally built as a daycare, a use that demands durable materials, logical traffic flow, commercial-grade systems, and a layout that works under heavy daily use. Those same qualities make it remarkably adaptable for its next chapter. The building encompasses over 11,000 square feet on more than one acre of land, with dual road frontage in Paris's Multi-Family Dwelling District.
The first thing you notice walking in is the scale. Twelve private rooms, each with a full bathroom, are arranged along well-defined corridors that provide both privacy and wayfinding clarity. The building includes 13 bathrooms total (note: Zillow incorrectly lists fewer, the actual count is 13), along with dedicated office areas, a commercial kitchen, laundry facilities, and multiple flex spaces that resist a single-use definition.
The layout
The floor plan works because it was designed for daily operational use. Wide hallways connect the private rooms to shared spaces. The commercial kitchen is built for volume, stainless steel prep surfaces, dual wall ovens, industrial shelving, and a triple-basin sink. The flex spaces range from intimate rooms suitable for offices or treatment rooms to large open areas that can accommodate groups, dining, or multi-purpose use.
Drop ceilings with commercial lighting keep the infrastructure accessible. LVP wood-look flooring runs through most of the common areas, chosen for durability and easy maintenance. The building has a covered drive-through portico at the front entrance, originally designed for daycare drop-off and pick-up, that doubles as a covered loading and receiving area for commercial tenants.
End-use potential
The listing agent highlights several viable conversion paths: multi-family residential (the 12 rooms with full baths map naturally to apartment units), co-working or flex office suites, medical or wellness facilities (proximity to Paris Regional Health supports this), senior-focused services, hospitality or group lodging, and community training space. The current income supports an estimated 10% cap rate with upside potential as the property reaches its highest and best use.
The grounds
The property sits on over one acre of land, more than enough for the building footprint plus parking, outdoor common areas, or future expansion. The fenced backyard area with mature trees provides a natural buffer and private outdoor space. Dual road frontage gives the property excellent visibility and multiple access points, a significant advantage for any commercial or multi-family operation.
What the next owner should know
Every commercial building comes with a maintenance rhythm. This one's strengths are its durable materials and straightforward systems. The building was designed for high daily traffic and heavy cleaning, qualities that translate well to any tenant-facing use. The Opportunity Zone designation offers meaningful tax advantages for investors who hold long-term, making this not just a building but a positioned asset in a growing Texas market.
Visit
Come see it in person.
Walk the corridors, step into the rooms, see the kitchen. We will discuss the numbers and the potential while we are on-site.
Schedule a walk-through