03300 Cusset 4,392 SF Retail Building $645,873 ($147.07/SF)

Our Commercial Real Estate Advisory Agency presents a mixed-use building with high visibility, located on a busy thoroughfare, in close proximity to Cusset city center and local shops. The property was fully renovated in 2022 and is entirely air-conditioned.
No additional work required.
PROPERTY DESCRIPTION
The building consists of:
- 1 commercial space rented at €1,500/month + €150 in charges
- 5 residential units rented between €350 and €530/month + €40 in charges each
All units are currently occupied by tenants.
The apartments are equipped with kitchenettes or fully equipped kitchens, depending on their layout.
FINANCIAL DATA
- Annual rental income: €46,200
- Property tax: €3,310
- Net seller price: €550,000
- Agency fees (7%): €38,500 including tax, payable by the buyer
Gross yield: 8.4%
Net yield (after property tax): 7.8%
KEY FEATURES
- Renovated and air-conditioned building
- Secured rental income – no tenant turnover
- Balanced mix of commercial and residential units
- Simple management, stable and attractive return
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