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69009 Lyon 1,022 SF Retail Condo Unit Offered at $297,419
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Highlights
- Dynamic shopping district
- Tenant in place since 2018
- 2 minutes from Valmy metro station
Description
Located in an old building in an established commercial environment, this property benefits from a strategic location in the 9? arrondissement of Lyon. Access is facilitated by the immediate proximity of public transport, in particular the Valmy metro. The neighborhood is lively and attractive, offering a regular flow of customers.
Property Facts
| Price | $297,419 | Property Type | Retail (Condo) |
| Unit Size | 1,022 SF | Sale Type | Investment or Owner User |
| No. Units | 1 |
| Price | $297,419 |
| Unit Size | 1,022 SF |
| No. Units | 1 |
| Property Type | Retail (Condo) |
| Sale Type | Investment or Owner User |
1 Unit Available
| Unit Size | 1,022 SF | Sale Type | Investment or Owner User |
| Price | $297,419 | Cap Rate | 5.50% |
| Price Per SF | $291.02 | NOI | $16,358.04 |
| Condo Use | Retail | Agency Fee | 5.00% of sale price |
| Unit Size | 1,022 SF |
| Price | $297,419 |
| Price Per SF | $291.02 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| NOI | $16,358.04 |
| Agency Fee | 5.00% of sale price |
Description
This commercial space enjoys excellent visibility in the heart of a dynamic shopping district, just a two-minute walk from the Valmy metro station. It has a main space with mezzanine and a functional layout including a sanitary room and a cellar. The property is currently occupied by a tenant who has been in place for several years, guaranteeing rental stability. Air conditioning installed for the comfort of occupants. No parking indicated.
Sale Notes
Type of Sale: Investment
Price: €252,000
Capitalization Rate (%): 5.5%
NOI (Net Annual Income): €14,855
Owner-occupiable Space: Not specified
Occupancy: Current commercial lease 3/6/9 (tenant since 2018)
Floor: Ground floor + mezzanine
Presented by
"69009 Lyon"
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