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163 Rue Victor Hugo 1,367 SF Retail Condo Unit Offered at $1,075,644 in 92270 Bois-Colombes
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INVESTMENT HIGHLIGHTS
- Luxury building in a sought after residential area
- Calm and pleasant living environment, near Levallois and Asnières
- A 7-minute walk from Bois-Colombes train station (line J)
- Environment conducive to liberal professions, nurseries, or residential
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 | $1,075,644 | Cap Rate | 5.80% |
| Price Per SF | $786.86 | NOI | $62,418.74 |
| Condo Use | Retail | APN/Parcel ID | 920090000I0221 |
| Unit Size | 1,367 SF |
| Price | $1,075,644 |
| Price Per SF | $786.86 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| NOI | $62,418.74 |
| APN/Parcel ID | 920090000I0221 |
DESCRIPTION
Offer: Sale of occupied commercial premises - 127 m² nursery with garden in Bois-Colombes (92270)
In Bois-Colombes, in Hauts-de-Seine (92), just a 7-minute walk from the SNCF train station, this rare opportunity concerns the sale of the walls of an occupied commercial space, currently operated as a nursery by a national group. The property is located on the ground floor of a luxury building, in a quiet and sought after residential area.
The premises develop a Carrez area of 127.9 m² and also benefits from a private garden of around 90 m², a rare asset for this type of property. It was completely renovated in 2017 to be converted into a nursery, in compliance with accessibility and safety standards. The current tenant operates this premises under a 3/6/9 commercial lease, renewed in June 2023 for a new period of 3 years. Is the annual rent excluding charges 53? €677, and the property tax is fully borne by the tenant.
Note: the condominium regulations expressly provide for the possibility of transforming this premises into residential use without requiring an authorization request from the condominium, in the event of the tenant's departure.
SALE NOTES
Surface: 127.9 m² Carrez + private garden of about 90 m²
Retail price: 925? 000€
Annual rent excluding charges: 53? 677€
3/6/9 commercial lease in progress: Renewed for 3 years starting on June 15, 2023
Incumbent: National Group
Property tax: At the expense of the tenant
Regulatory particularity: In the event of the tenant's departure, the condominium regulations allow for transformation into housing without prior authorization from the condominium.
Presented by
163 Rue Victor Hugo
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