Log In/Sign Up
Your email has been sent.
5 Rue Des Belges 10,042 SF Retail Condo Unit Offered at $9,847,195 in 06400 Cannes
Some information has been automatically translated.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Agency Fee | $492,360 |
| Sale Type | Investment |
| Agency Fee | $492,360 |
Description
Located on a sought-after street, just steps from the Croisette, this building was fully renovated in 2012 and offers 933 square meters of space spread across three floors, complemented by rooftop terraces totaling 238 square meters.
The floors are regularly rented out to major international companies during the festivals and trade shows that have made Cannes famous. Each tenant benefits from a fully privatized space, designed to meet their own standards, combining prestige, privacy, and an unparalleled central location.
The property has a capacity to accommodate up to 299 people.
Business activity is primarily concentrated between March and October, with an average annual turnover of €500,000 (excluding VAT) over the past three years, generating exceptionally high cash flow.
A change in the building's use is possible, subject to an agreement with the neighboring public parking facility.
The renovation was carried out to the highest standards, and a complete technical dossier is available upon request.
The floors are regularly rented out to major international companies during the festivals and trade shows that have made Cannes famous. Each tenant benefits from a fully privatized space, designed to meet their own standards, combining prestige, privacy, and an unparalleled central location.
The property has a capacity to accommodate up to 299 people.
Business activity is primarily concentrated between March and October, with an average annual turnover of €500,000 (excluding VAT) over the past three years, generating exceptionally high cash flow.
A change in the building's use is possible, subject to an agreement with the neighboring public parking facility.
The renovation was carried out to the highest standards, and a complete technical dossier is available upon request.
Sale Notes
Excellent investment opportunity.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 10,042 SF | Retail | $9,847,195 ($980.60/SF) | - |
-
| Unit Size |
| 10,042 SF |
| Condo Use |
| Retail |
| Price |
| $9,847,195 ($980.60/SF) |
| NOI |
| - |
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
-
| Unit Size | 10,042 SF |
| Condo Use | Retail |
| Price | $9,847,195 ($980.60/SF) |
| NOI | - |
| Sale Type | Investment |
| Agency Fee | $492,360 |
| Description | |
|
Located on a sought-after street, just steps from the Croisette, this building was fully renovated in 2012 and offers 933 square meters of space spread across three floors, complemented by rooftop terraces totaling 238 square meters. The floors are regularly rented out to major international companies during the festivals and trade shows that have made Cannes famous. Each tenant benefits from a fully privatized space, designed to meet their own standards, combining prestige, privacy, and an unparalleled central location. The property has a capacity to accommodate up to 299 people. Business activity is primarily concentrated between March and October, with an average annual turnover of €500,000 (excluding VAT) over the past three years, generating exceptionally high cash flow. A change in the building's use is possible, subject to an agreement with the neighboring public parking facility. The renovation was carried out to the highest standards, and a complete technical dossier is available upon request. |
|
| Sale Notes | |
| Excellent investment opportunity. |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 26,479 SF | Typical Floor Size | 5,296 SF |
| Property Type | Retail (Condo) | Year Built | 1930 |
| Property Subtype | Tenancy | Single | |
| Building Class | B | Lot Size | 0.12 AC |
| Floors | 5 |
| Total Building Size | 26,479 SF |
| Property Type | Retail (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 5,296 SF |
| Year Built | 1930 |
| Tenancy | Single |
| Lot Size | 0.12 AC |
Amenities
- Banking
- Balcony
1 1
Nearby Major Retailers
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
5 Rue Des Belges
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.