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163 Rue Victor Hugo 1,367 SF Retail Condo Unit Offered at $1,076,846 in 92270 Bois-Colombes
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INVESTMENT HIGHLIGHTS
- Luxury building in a sought-after residential neighborhood
- Quiet and pleasant living environment, close to Levallois and Asnières.
- A 7-minute walk from Bois-Colombes train station (line J)
- Environment suitable for professional services, daycare centers, or residential use
EXECUTIVE SUMMARY
Located on Victor Hugo Street in Bois-Colombes, this three-story residential building, constructed in 1988, features a ground floor designated for commercial use. Residents enjoy close proximity to various shops and local services. Nearby public transportation options include Colombes train station, situated 600 meters away and served by Line J. Additionally, Bus Line 167 is easily accessible, providing convenient connections to surrounding areas.
PROPERTY FACTS
| Total Building Size | 15,672 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,918 SF |
| Property Subtype | Year Built | 1987 | |
| Building Class | B | Lot Size | 0.30 AC |
| Total Building Size | 15,672 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,918 SF |
| Year Built | 1987 |
| Lot Size | 0.30 AC |
AMENITIES
SITE AMENITIES
- Security System
- Trash Pickup - Curbside
- Fiber Optic Internet
1 UNIT AVAILABLE
Unit Lot 2
| Unit Size | 1,367 SF | Sale Type | Investment |
| Price | $1,076,846 | Cap Rate | 5.80% |
| Price Per SF | $787.74 | NOI | $62,488.50 |
| Condo Use | Retail | APN/Parcel ID | 920090000I0221 |
| Unit Size | 1,367 SF |
| Price | $1,076,846 |
| Price Per SF | $787.74 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| NOI | $62,488.50 |
| APN/Parcel ID | 920090000I0221 |
DESCRIPTION
Offer: Sale of Occupied Commercial Property – 127 m² Daycare with Garden in Bois-Colombes (92270)
Located in Bois-Colombes, in the Hauts-de-Seine (92), just a 7-minute walk from the SNCF train station, this rare opportunity involves the sale of the property rights for a commercial space currently occupied and operated as a daycare by a national group. The property is situated on the ground floor of a high-end building in a quiet and sought-after residential neighborhood.
The space offers a Carrez surface area of 127.9 m² and includes a private garden of approximately 90 m², a rare feature for this type of property. It was fully renovated in 2017 to meet accessibility and safety standards for its use as a daycare. The current tenant operates the space under a 3/6/9 commercial lease, which was renewed in June 2023 for another 3-year term. The annual rent, excluding charges, is €53,677, and the property tax is fully covered by the tenant.
Additional note: The building's co-ownership regulations explicitly allow for the conversion of this space into residential use without requiring authorization from the co-ownership, should the tenant vacate the premises.
SALE NOTES
Area: 127.9 m² (Carrez law) + private garden of approximately 90 m²
Sale price: €925,000
Annual rent excluding charges: €53,677
Current commercial lease (3/6/9): Renewed for 3 years starting June 15, 2023
Tenant in place: National group
Property tax: Paid by the tenant
Regulatory feature: In the event the tenant vacates, the condominium rules allow for conversion into residential housing without prior approval from the condominium association.
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163 Rue Victor Hugo
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