62000 Arras 4,306 SF Flex Building $1,308,570 ($303.93/SF)

Prime Location: Mixed-Use Investment Property - Les Places d'Arras Located on the prestigious and historic Places d'Arras, at the vibrant heart of the city center, this character-filled building of approximately 400 m² represents a rare opportunity for both heritage and financial investment. Directly benefiting from the upcoming redevelopment project of the Places, this asset is ideally positioned to capture significant property appreciation and a growing influx of tourism and commercial activity. **Financial Indicators & Composition** The property is optimized to combine immediate returns with development potential: - **Residential Section (Upper Floors):** 5 apartments currently rented, generating secure and immediate income of €28,000 per year. - **Commercial Section (Ground Floor):** A spacious commercial unit of approximately 160 m² with exceptional visibility. Currently vacant, its estimated rental value is €32,000 excluding VAT per year. - **Total Potential Income After Full Occupancy:** Approximately €60,000 per year. **Key Operational Advantage:** The building features an independent access for the upper floors directly from the façade. This ideal configuration ensures complete autonomy and eliminates any interference between residential and commercial traffic. **Investment Highlights** - **Trophy Asset Address:** Prime location on Les Places d'Arras, ensuring high liquidity of the property. - **Diversified Risk:** Perfect balance between secure residential income and high-performing commercial returns. - **Redevelopment "Boost" Effect:** Planned pedestrianization and upgrades to the Places will naturally enhance the attractiveness of the commercial space and the long-term value of the property. - **No Access Renovation Needed:** Separate entrances already in place for the commercial and residential sections. **Investor Profile** This premium asset is tailored for discerning investors seeking a combination of immediate rental security, commercial value growth potential, and long-term heritage protection. Complete dossier and financial analyses available upon request.