13002 Marseille 2,981 SF Retail Condo Unit Offered at $790,746
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INVESTMENT HIGHLIGHTS
- Strategic location
- Good accessibility
- Proximity to shops and services
EXECUTIVE SUMMARY
Residential building with a commercial ground floor located in Marseille. Well-positioned, this property offers good accessibility and is close to shops and services.
PROPERTY FACTS
| Price | $790,746 |
| Unit Size | 2,981 SF |
| No. Units | 1 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 5 |
1 UNIT AVAILABLE
| Unit Size | 2,981 SF |
| Price | $790,746 |
| Price Per SF | $265.26 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Agency Fee | 5.00% of annual rent |
DESCRIPTION
For sale: the property and business assets of a 2,981 sq. ft. (277 m²) restaurant-brasserie located between the La Joliette and La Villette neighborhoods, within the Euroméditerranée district in Marseille. The establishment is situated directly across from the future judicial complex, near the port, the international school campus, Saint-Charles train station, and numerous administrative institutions, on a highly trafficked thoroughfare.
The space features a large dining area with a capacity of 135 seats, a terrace with 130 seats, a 150 sq. ft. (14 m²) walk-in refrigerator, a full liquor license (License IV), a video surveillance system, and is in excellent condition following a complete renovation. The restaurant currently operates on weekdays and closes for two weeks annually in August.
The property offers significant potential for conversion into various commercial or institutional uses.
SALE NOTES
Lease 3/6/9 new if purchasing the business assets only.
Great potential for revenue growth. Average turnover of €350,000 excluding tax.
Rent: €4,300 excluding tax per month.
Charges: €210 excluding tax per month.
Property tax: €2,600 annually.
Terrace: Exempt during construction period.
Sale price for the property and business assets: €1,000,000 excluding tax, net to the seller.
Marketing fees: €57,500 excluding tax (5% excluding tax for the property and 7.5% excluding tax for the business assets, €300,000 for the business assets and €700,000 for the property, net to the seller).
CONTACT
-
Nicolas Serra -
Réseau Brokers
