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06110 Le Cannet 9,429 SF Retail Building $2,296,535 ($243.56/SF)

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Sale Notes

Great Investment Opportunity! For sale: partially occupied premises of a standalone building located in the Rocheville neighborhood in Le Cannet. The property offers excellent visibility on a busy vehicular thoroughfare. Total area: 876 m² across 3 levels. The ground floor features a large commercial space of 195 m², currently occupied by a reputable tenant. The first floor (R+1) includes a 220 m² office space that can be easily divided. The basement (R-1) houses three storage units accessible by vehicle: one of 130 m² currently vacant, one of 52 m² occupied, and another of 280 m² occupied. The property also includes parking space for approximately ten vehicles. There are no issues with rent payments from the current tenants. Projected annual income, considering the occupied spaces and rental values of the vacant units, is €147,118, offering a yield of 7.4%! Price (including agency fees): €1,995,000.

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Property Facts

Sale Type

Owner User

Property Type

Retail

Building Size

9,429 SF

Price

$2,296,535

Price Per SF

$243.56

Energy

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Energy performance diagnosis (EPD)

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Consumption (primary energy): Unavailable

Greenhouse gas (GHG) emission index

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Emissions: Unavailable

Geohazards

Information about risks relating to this property can be found at https://www.georisques.gouv.fr/.

About LE CANNET, 06110

Great Investment Opportunity! For sale: partially occupied premises of a standalone building located in the Rocheville district of Le Cannet. The property boasts excellent visibility on a busy vehicular thoroughfare. **Total area:** 876 sq. meters across 3 levels: - A large ground-floor commercial space of 195 sq. meters, currently occupied by a reputable tenant. - A 220 sq. meter office space on the first floor, easily divisible. - Three storage units in the basement, accessible by vehicle: one of 130 sq. meters (currently vacant), one of 52 sq. meters (occupied), and one of 280 sq. meters (occupied). The property includes a parking lot with space for approximately ten vehicles. There are no issues with rent payments from the current tenants. **Projected annual income**, considering the occupied spaces and rental potential of the vacant units, is €147,118, offering a **7.4% return**! **Price (including agency fees):** €1,995,000.

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