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06110 Le Cannet 9,429 SF Retail Building $2,302,233 ($244.16/SF)

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Sale Notes

Great opportunity for investment! For sale partially occupied walls of an independent building located in the Rocheville district in Le Cannet. The building has good visibility on an axis passing by vehicle. Total area: 876 m² on 3 levels: a large commercial space on the ground floor of 195m² occupied by a beautiful signature, An office of 220 m² easily divisible on the R+1 as well as 3 storage rooms on the R-1 accessible by vehicle: one of 130 m² which is currently empty: one of 130 m² currently empty, 52m² occupied and 280 m² occupied. Land used as parking for about ten vehicles. No rent payment issues with the tenants in place. Predictable income taking into account the premises already occupied and the rental values of the premises that are currently empty: 147,118 Euros/year, i.e. a profitability of 7.4%! FAI price: 1,995 euros.

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Property Facts

Sale Type

Owner User

Property Type

Retail

Building Size

9,429 SF

Price

$2,302,233

Price Per SF

$244.16

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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