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03300 Cusset 4,392 SF Retail Building $641,736 ($146.13/SF)
Some information has been automatically translated.
EXECUTIVE SUMMARY
Our Business Real Estate Consulting agency presents you on a busy road, in the immediate vicinity of downtown Cusset and shops, a mixed building with high visibility, completely renovated in 2022 and fully air-conditioned.
No work required.
PROPERTY DESCRIPTION
Building composed of:
1 commercial space rented 1,500 Euros/month + 150 Euros of charges
5 rented accommodations from 350 Euros to 530 Euros/month + 40 Euros of charges each
All lots are occupied by current tenants.
The apartments have kitchenettes or kitchens equipped according to their type.
FINANCIAL DATA
Annual rental income: 46,200 Euros
Property tax: 3,310 Euros
Net seller price: 550,000 Euros
Agency fees (7%): 38,500 Euros including VAT at the expense of the purchaser
Gross return: 8.4%
Net profitability (after property tax): 7.8%
HIGHLIGHTS
Renovated and air-conditioned building
Secured rents - no rental vacancies
Good balance between commercial premises and housing
Simple management, stable and attractive performance.
Find all of our properties on our SRI website and create your alerts!
We are listening to you right away!
No work required.
PROPERTY DESCRIPTION
Building composed of:
1 commercial space rented 1,500 Euros/month + 150 Euros of charges
5 rented accommodations from 350 Euros to 530 Euros/month + 40 Euros of charges each
All lots are occupied by current tenants.
The apartments have kitchenettes or kitchens equipped according to their type.
FINANCIAL DATA
Annual rental income: 46,200 Euros
Property tax: 3,310 Euros
Net seller price: 550,000 Euros
Agency fees (7%): 38,500 Euros including VAT at the expense of the purchaser
Gross return: 8.4%
Net profitability (after property tax): 7.8%
HIGHLIGHTS
Renovated and air-conditioned building
Secured rents - no rental vacancies
Good balance between commercial premises and housing
Simple management, stable and attractive performance.
Find all of our properties on our SRI website and create your alerts!
We are listening to you right away!
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
< 15,000 SF
Year Built
1910 - 1919
Price
$641,736
Price Per SF
$146.13
Tenancy
Multiple
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- -
- 969 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| - | 969 SF | Retail | - | Now |
-
| Size |
| 969 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 1
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"03300 Cusset"
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