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93310 Le Pré-Saint-Gervais 161 - 484 SF Retail Condo Units Offered at $140,906 - $328,781 Per Unit
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INVESTMENT HIGHLIGHTS
- Shopping location in the heart of the city
- Small condominium on the ground floor
- Good transport links (near metro and bus)
EXECUTIVE SUMMARY
The space is located on the ground floor of a small building primarily designated for commercial use. The property does not feature any notable architectural characteristics but benefits from a good location in a local shopping area. The small size of the unit makes it easy to manage and meets the needs of niche businesses or neighborhood service providers.
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Retail | Floors | 1 |
| Property Subtype | Storefront | Year Built | 1960 - 1969 |
| Total Building Size | < 15,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Year Built | 1960 - 1969 |
2 UNITS AVAILABLE
| Unit Size | 161 SF | Sale Type | Investment |
| Price | $140,906 | Cap Rate | 6.90% |
| Price Per SF | $875.19 | NOI | $9,722.53 |
| Condo Use | Retail | Agency Fee | 9.09% of sale price |
| Unit Size | 161 SF |
| Price | $140,906 |
| Price Per SF | $875.19 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.90% |
| NOI | $9,722.53 |
| Agency Fee | 9.09% of sale price |
DESCRIPTION
This lot consists of a 15 m² single-storey shop located on the ground floor in the heart of Pré-Saint-Gervais. The premises have been rented since 2015 to the same tenant company, guaranteeing significant rental stability. It is part of an active urban environment in the immediate vicinity of local shops. The current lease provides for an annual rent of 7,667€ HT/HC, without applicable VAT, with charges and property tax entirely borne by the tenant.
SALE NOTES
Very good wealth investment opportunity. Local sold occupied with commercial lease in place, offering a gross profitability of 6.9%. The purchaser does not have to bear condominium fees or property tax. No entry fees for the tenant, simplified rental management. Fees included in the sale price (9.09% excluding VAT).
| Unit Size | 484 SF | Sale Type | Investment |
| Price | $328,781 | Cap Rate | 6.90% |
| Price Per SF | $679.30 | NOI | $22,685.91 |
| Condo Use | Retail |
| Unit Size | 484 SF |
| Price | $328,781 |
| Price Per SF | $679.30 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.90% |
| NOI | $22,685.91 |
DESCRIPTION
Commercial space of 45 m² on the ground floor, rented since 2009 to the same tenant company. This property represents a safe investment with an ongoing commercial lease, with charges and property tax being borne by the tenant. The configuration of the premises is functional for various commercial activities.
SALE NOTES
Excellent investment opportunity with a stable tenant in place for over 10 years. The property has an attractive gross profitability of 6.9%. The commercial space benefits from a high visibility in a sought-after commercial area in Pré Saint Gervais. This offer is particularly aimed at investors who want a secure investment in a dynamic urban environment.
NEARBY MAJOR RETAILERS
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"93310 Le Pré-Saint-Gervais"
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