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13001 Marseille 1,636 SF Office/Retail Condo Unit Offered at $640,868
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INVESTMENT HIGHLIGHTS
- Good location
- Proximity to shops and services
EXECUTIVE SUMMARY
Mixed building including commercial premises and housing located in Marseille. Well established, this building benefits from good accessibility and proximity to shops and services.
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | B |
| Property Type | Retail (Condo) | Floors | 5 |
| Property Subtype | Storefront Retail/Residential | Year Built | 1900 - 1909 |
| Total Building Size | < 15,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 5 |
| Year Built | 1900 - 1909 |
1 UNIT AVAILABLE
| Unit Size | 1,636 SF | Condo Use | Office/Retail |
| Price | $640,868 | Sale Type | Investment |
| Price Per SF | $391.73 | Agency Fee | 5.00% of sale price |
| Unit Size | 1,636 SF |
| Price | $640,868 |
| Price Per SF | $391.73 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Agency Fee | 5.00% of sale price |
DESCRIPTION
Commercial walls converted into 152 m² offices for sale, located on Saint-Ferréol Street, on the first floor without an elevator. The space, currently rented to an architectural office, benefits from a central location in the immediate vicinity of shops, the Old Port and the Charles de Gaulle public car park. It offers beautiful volumes with large openings bringing a beautiful light. The whole is in excellent condition, completely renovated with high-end services. It consists of a large open-space room, a meeting room, a room with computer patch bay, a sanitary room and an equipped kitchen. The current lease, with a firm term of six years, expires in 2027.
SALE NOTES
Firm lease of 6 years negotiated at half of the rental value of the premises (renovation work paid by the tenant). End of the lease in 2027 and possibility of switching to an average rent of 3200 euros excluding VAT per month.
Rent: 1675€ HC monthly not subject to VAT.
Charges: €150 monthly not subject to VAT.
Property tax: 1496€ annually (paid by tenant)
Selling price of the walls: 550,000€ excluding VAT net seller
Price fees included: 577,500€ HT
NEARBY MAJOR RETAILERS
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"13001 Marseille"
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