06400 Cannes 1,615 SF Retail Building $1,157,675 ($717.01/SF)

For Sale - Leased Commercial Property, 150 m² - Cannes City Center Our firm is offering a rare investment opportunity in the heart of downtown Cannes, just 50 meters from the Croisette. This commercial property, with a surface area of approximately 150 m² and in excellent condition, enjoys a premium location in the highly sought-after Banane district, a hub of strong tourist and commercial activity. The premises, featuring a 9-meter linear frontage, are currently leased and operated as a bar/restaurant. The interior fittings are recent and impeccably maintained, providing maximum visibility and consistent pedestrian traffic. Rental and Financial Details: - Commercial lease signed on 07/01/2017 - Annual rent (excluding taxes and charges): €66,112 - Annual charges: €4,680 - Taxation: Property tax and TEOM shared between landlord and tenant - Sale price: €1,000,000 net to seller - Agency fees: 6% excluding taxes of the sale price - Estimated gross yield: 6.60% (excluding fees and taxes) This asset represents a secure investment opportunity, with a tenant in place and stable profitability in a high-value area. Ideal for an investor seeking a quality investment on the French Riviera, combining strategic location, solid returns, and long-term rental stability. Available immediately. Complete file and visits available upon request through our firm.