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69009 Lyon 1,022 SF Retail Condo Unit Offered at $296,792
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Highlights
- Dynamic shopping district
- Tenant in place since 2018
- 2 minutes from Valmy metro station
Description
Located in a historic building within an established commercial area, this property benefits from a strategic location in the 9th district of Lyon. Access is made easy by the immediate proximity to public transportation, particularly the Valmy metro. The neighborhood is lively and attractive, providing a steady flow of customers.
Property Facts
| Price | $296,792 | Property Type | Retail (Condo) |
| Unit Size | 1,022 SF | Sale Type | Investment or Owner User |
| No. Units | 1 |
| Price | $296,792 |
| 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 | $296,792 | Cap Rate | 5.50% |
| Price Per SF | $290.40 | NOI | $16,323.55 |
| Condo Use | Retail | Agency Fee | 5.00% of sale price |
| Unit Size | 1,022 SF |
| Price | $296,792 |
| Price Per SF | $290.40 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.50% |
| NOI | $16,323.55 |
| Agency Fee | 5.00% of sale price |
Description
This commercial space enjoys excellent visibility in the heart of a bustling shopping district, just a two-minute walk from the Valmy metro station. It features a main area with a mezzanine and a functional layout that includes a restroom and a basement. The property is currently occupied by a tenant who has been there for several years, ensuring rental stability. Air conditioning is installed for the comfort of the occupants. No parking is 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 3/6/9 commercial lease (tenant since 2018)
Floor: Ground floor + mezzanine
Presented by
"69009 Lyon"
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