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13170 Les Pennes-Mirabeau 3,444 SF Office Building $845,186 ($245.38/SF)
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SALE NOTES
Located in the heart of a dynamic and bustling business area in Les Pennes-Mirabeau, on a 12,378 sq. ft. (1,150 m²) plot, this 3,444 sq. ft. (320 m²) building is suitable for residential rental or professional activities (offices, retail, dining, etc.). It boasts a strategic location just minutes from major roadways, Marseille, Marignane, and the Aix-en-Provence TGV station.
Permitted uses under the local urban plan (PLU):
- Retail, offices, logistics, dining, industrial, or residential (if already existing)
- Potential for vertical extension up to R+2 or R+3 (maximum height of 56 ft. or 17 m at the ridge)
- Maximum land coverage (CES) of 60% (equivalent to 7,427 sq. ft. or 690 m², compared to the current 2,422 sq. ft. or 225 m² footprint) with 20% green space to be preserved
Four distinct and profitable projects can be considered:
1. **Residential rental**: Maintain the current rental division, generating approximately €63,000 annually, with four independent units of 1,345 sq. ft. (125 m²), 1,130 sq. ft. (105 m²), 753 sq. ft. (70 m²), and 538 sq. ft. (50 m²). Apartments are in excellent condition. Energy rating: B.
2. **Conversion to professional use**: Transform the residential spaces into offices, small retail spaces, dining establishments, etc.
3. **Expansion**: Increase the floor area by adding additional stories or utilizing the remaining CES, focusing on professional use.
4. **Subdivision and resale**: Divide the structure and sell it with or without modifications to the floor area, either as residential (current state), professional, or mixed-use.
In summary, this property offers high potential, combining profitability, growth opportunities, and optimal visibility, just steps from major roadways and at the heart of a thriving economic hub.
Property tax: €1,600/year
Agency fees paid by the seller
Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
- Listing written and published by a Mandated Agent -
Permitted uses under the local urban plan (PLU):
- Retail, offices, logistics, dining, industrial, or residential (if already existing)
- Potential for vertical extension up to R+2 or R+3 (maximum height of 56 ft. or 17 m at the ridge)
- Maximum land coverage (CES) of 60% (equivalent to 7,427 sq. ft. or 690 m², compared to the current 2,422 sq. ft. or 225 m² footprint) with 20% green space to be preserved
Four distinct and profitable projects can be considered:
1. **Residential rental**: Maintain the current rental division, generating approximately €63,000 annually, with four independent units of 1,345 sq. ft. (125 m²), 1,130 sq. ft. (105 m²), 753 sq. ft. (70 m²), and 538 sq. ft. (50 m²). Apartments are in excellent condition. Energy rating: B.
2. **Conversion to professional use**: Transform the residential spaces into offices, small retail spaces, dining establishments, etc.
3. **Expansion**: Increase the floor area by adding additional stories or utilizing the remaining CES, focusing on professional use.
4. **Subdivision and resale**: Divide the structure and sell it with or without modifications to the floor area, either as residential (current state), professional, or mixed-use.
In summary, this property offers high potential, combining profitability, growth opportunities, and optimal visibility, just steps from major roadways and at the heart of a thriving economic hub.
Property tax: €1,600/year
Agency fees paid by the seller
Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
- Listing written and published by a Mandated Agent -
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
3,444 SF
Price
$845,186
Price Per SF
$245.38
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