13001 Marseille 1,636 SF Office/Retail Condo Unit Offered at $587,411

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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

Price $587,411
Unit Size 1,636 SF
No. Units 1
Total Building Size < 15,000 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Residential
Sale Type Investment
Building Class B
Floors 5
Year Built 1900 - 1909

ENERGY

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Energy performance diagnosis (EPD)

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Consumption (primary energy): Unavailable

Greenhouse gas (GHG) emission index

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Emissions: Unavailable

Geohazards

Information about risks relating to this property can be found at https://www.georisques.gouv.fr/.

1 UNIT AVAILABLE

Unit Size 1,636 SF
Price $587,411
Price Per SF $359.05
Condo Use Office/Retail
Sale Type Investment
Agency Fee 5.00% of annual rent
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

Basic-Fit
Starbucks
LCL Banque Et Assurance
Societe Marseillaise de Credit
Caisse d'Epargne
Nespresso
Carrefour Express
Carrefour
SPAR
Lidl
  • Listing ID: 34932507

  • Date on Market: 2/25/2025

  • Last Updated:

  • Address: 13001 Marseille