34170 Castelnau-le-Lez 1,076 SF Office/Retail Condo Unit Offered at $282,793
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INVESTMENT HIGHLIGHTS
- Strategic location in a thriving commercial area
- Direct access to public transportation
- Easily adaptable for various types of activities
EXECUTIVE SUMMARY
Ideally located in the Caylus area, a vibrant sector of Castelnau-Le-Lez. Fully renovated, the space is equipped for a restaurant business with an extraction system but can easily be adapted for other uses. Its layout and features, including ducted air conditioning and accessibility for persons with reduced mobility (PRM), ensure optimal comfort. The immediate surroundings are conducive to the growth of a commercial activity, with easy access thanks to the proximity of Tram Line 2, which provides a direct connection to downtown Montpellier.
PROPERTY FACTS
| Price | $282,793 |
| Unit Size | 1,076 SF |
| No. Units | 1 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 3 |
| Year Built | 2000 - 2009 |
| Tenancy | Single |
1 UNIT AVAILABLE
Unit Lot 1
| Unit Size | 1,076 SF |
| Price | $282,793 |
| Price Per SF | $262.82 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Agency Fee | 30.00% of annual rent |
DESCRIPTION
**Commercial Property for Sale – 1,076 sq. ft. – Castelnau-Le-Lez**
For sale: a 1,076 sq. ft. commercial space located in the Caylus area of Castelnau-Le-Lez. Recently renovated, this property is currently set up as a restaurant and features an exhaust system. The space can be repurposed to accommodate another type of business, an office, or a medical practice. It is equipped with a ducted air conditioning system and complies with ADA accessibility standards. A terrace can also be added to suit your needs.
SALE NOTES
Tenant's fee percentage: 30% of the annual rent excluding tax
Operating expenses: €984 excluding tax/year
Property tax: €1,404/year
CONTACT
-
William Grosso -
Norman Taylor
