Cinq Avenues 8,256 SF Retail Building 13004 Marseille $987,798 ($119.65/SF) 7.80% Cap Rate

Arthur Loyd Marseille Méditerranée is offering for sale a standalone mixed-use building located in the Cinq Avenues neighborhood, in the heart of Marseille's 4th arrondissement. Situated in a residential, commercial, and tourist area near the Palais and Parc Longchamp, this rapidly gentrifying sector is increasingly attractive to investors and users.
The building has a total surface area of 766.93 m² across three levels (ground floor + 2) on a 410 m² plot. It includes a commercial space of 359.66 m² on the ground floor, an annex area of 291.74 m² on the first floor, and four residential units distributed between the first and second floors: two studios measuring 13.83 m² and 14.19 m², a one-bedroom apartment (T2) of 33.90 m², and another one-bedroom apartment (T2) of 30.32 m². Common areas account for 23.29 m² from the ground floor to the second floor.
The commercial space is in good condition and features high-quality amenities, including wheelchair accessibility, compliance with ERP standards, a storefront with excellent visibility, a spacious commercial floor, a kitchenette, private restroom facilities, and reversible air conditioning.
The property benefits from excellent transportation links, with close proximity to tram, metro, and bus lines, as well as quick access to major highways and Marseille Saint Charles train station.
The four residential units currently generate an annual rental income of €23,400 excluding charges. The commercial space has an estimated rental potential of €50,000 per year, excluding taxes and charges, which could be enhanced by connecting it to the annex area on the first floor.
This is a rare asset in the area, ideal for an investor seeking a mixed-use property in a strategic location in the heart of Marseille.