77220 Gretz-Armainvilliers 22,604 SF Flex Building $1,902,067 ($84.15/SF)

An independent real estate complex with an area of 2,100 square meters is offered for sale on a 2,400 square meter plot, spread over three levels. The ground floor includes 8 activity units totaling 700 square meters, with a ceiling height of 3.5 meters. The first floor houses an office space of 700 square meters, comprising 8 units as well as 2 apartments. The second floor offers an office space of 700 square meters that needs to be finished. The entire ground floor and a large part of the first floor are currently occupied by the same tenant, who has been present for several years. The current rental income amounts to €106,428 excluding taxes and charges per year, offering a yield of 6.4%. The total estimated income after renovations is €196,428 excluding taxes and charges per year, with an estimated yield of 11%. The building also benefits from heavy vehicle access, ideal for activities requiring easy access for large-capacity transportation.