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33800 Bordeaux 6,781 SF Office Building $1,172,579 ($172.91/SF)



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SALE NOTES
Situated at the corner of two quiet residential streets, the property will be sold with an existing commercial lease (public-facing activity). The current tenant plans to relocate at the end of 2024 or early 2025. As of now, the property generates a gross yield of approximately 5%, with an annual rent of €64,000 excluding taxes. It offers strong potential for conversion into residential units or office spaces, featuring two emergency exits and a main entrance. The building includes several units, two of which offer open spaces of over 140 m², suitable for uses such as dance studios. Measurements are currently underway.
**Consultant's Opinion**
RARE on the market, this well-maintained property offers significant versatility in a thriving geographic area!
PROPERTY FACTS
ABOUT BORDEAUX, 33800
Brother Real Estate presents a stone R+2 building with cellars, located in the heart of downtown Bordeaux. Just steps away from Place de la Victoire and the Capucins Market, this property is easily accessible via public transportation, including tram line B, buses, the new BHNS line (set for delivery in Q2 2024), and the train station, which is a 15-minute walk away. Situated at the corner of two quiet residential streets, the property will be sold with an existing commercial lease in place (for a business open to the public). The current tenant plans to relocate at the end of 2024 or early 2025. As of now, the property generates a gross yield of approximately 5%, with an annual rent of €64,000 (excluding taxes). It offers significant upside potential for conversion into residential or office spaces, featuring two emergency exits and a main entrance. The building includes several units, two of which are open spaces exceeding 140 m², ideal for uses such as a dance studio. Measurements are currently underway. **Consultant's Opinion** RARE on the market, this well-maintained asset offers a wide range of potential uses in a thriving geographic area!
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