13015 Marseille 2,454 SF Retail Condo Unit Offered at $365,434
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Strategic location at the base of a residential building
- Parking available on-site
- Visibility on a busy thoroughfare
EXECUTIVE SUMMARY
The property is located at the base of a building primarily used for residential purposes. It is part of a mixed-use condominium, providing a lively neighborhood environment and immediate proximity to a residential clientele. The site benefits from convenient access thanks to available on-site parking, enhancing the appeal of the space for local retail or service-oriented businesses. This ground-floor configuration allows for a steady flow of foot traffic, particularly due to the presence of residents and passersby along a busy thoroughfare.
PROPERTY FACTS
| Total Building Size | < 15,000 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 2 |
| Parking | Yes |
1 UNIT AVAILABLE
| Unit Size | 2,454 SF |
| Price | $365,434 |
| Price Per SF | $148.91 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 11.27% |
| NOI | $41,200.31 |
| Parking Spaces | Yes |
DESCRIPTION
This 2,454 sq. ft. commercial space is located in the bustling Saint-Antoine neighborhood in Marseille's 15th arrondissement. It boasts a prime location along a high-traffic thoroughfare, offering excellent commercial visibility and direct access to approximately 20 on-site parking spaces—a rare advantage in this area. The property is spread across three levels: a 1,141 sq. ft. ground floor, a 1,098 sq. ft. mezzanine, and a nearly 215 sq. ft. garden level, allowing for a functional layout of the spaces. It is currently used for bakery, snack, and takeout activities, but the lease permits a wide range of uses (excluding expressly prohibited activities such as bars, tobacco shops, or garages).
SALE NOTES
The property is offered for lease rights transfer at a price of €312,000 excluding taxes and agency fees, with a commercial lease currently in effect until June 30, 2029. The monthly rent is €3,200 excluding taxes, supplemented by modest charges (€50 excluding taxes per month) and an annual property tax of €2,624. This property represents a strategic opportunity for a brand looking to establish itself in a high-traffic commercial area, with controlled rental conditions and a turnkey setup. Availability is immediate.
NEARBY MAJOR RETAILERS
