64100 Bayonne 753 SF Retail Condo Unit Offered at $305,703
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INVESTMENT HIGHLIGHTS
- well-served by public transportation
- on the banks of the Nive
- close to shops
EXECUTIVE SUMMARY
Historic building located on the banks of the Nievre, on a commercial quay, near the Roland Barthes esplanade.
PROPERTY FACTS
| Price | $305,703 |
| Unit Size | 753 SF |
| No. Units | 1 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1810 - 1819 |
1 UNIT AVAILABLE
| Unit Size | 753 SF |
| Price | $305,703 |
| Price Per SF | $405.98 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Approximately 70 m² space in perfect condition, requiring no renovations, benefiting from meticulous maintenance and a well-managed co-ownership. Currently occupied by a reliable tenant running a thriving restaurant business, this property represents a secure and profitable investment opportunity. The notarized 3/6/9 commercial lease was recently renewed, ensuring rental stability and long-term profitability. Property taxes are covered by the tenant, and rent adjustments are made annually based on the quarterly ILC index.
Thanks to its strategic location in a dynamic area, the space enjoys constant pedestrian traffic, attracting a steady flow of customers and ensuring strong appeal for any type of commercial activity. All diagnostics are up to date, guaranteeing a transparent and secure transaction. Ideal for an investor looking to acquire a property with excellent visibility and stable occupancy, this space is a solid asset in Bayonne's commercial real estate market.
With stable rental income and a prime location, this is a strategic investment offering optimized rental returns and potential long-term appreciation. This property combines security, profitability, and a privileged location.
SALE NOTES
Excellent opportunity to purchase occupied commercial property in a prime location, situated on a highly sought-after pedestrian street, ensuring optimal visibility and foot traffic.
CONTACT
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Benjamin Mercier -
Century 21 Indarra Pro
