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93100 Montreuil 4,090 SF 100% Leased Flex Building $816,709 ($199.67/SF)
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INVESTMENT HIGHLIGHTS
- High foot traffic: Located near Rue de Romainville, a busy area with heavy circulation and accessible on foot from several residential neighborhoods.
- Transportation access: A 10-minute walk from Mairie de Montreuil metro station (line 9).
- Proximity to Paris: Just a few minutes from the Paris ring road, providing quick access to the city center.
EXECUTIVE SUMMARY
This commercial property for sale, located in Montreuil, consists of two distinct units. The first unit is a commercial space of 334 m², currently occupied by a Peugeot dealership specializing in automotive repairs. This space is under a 3/6/9 commercial lease agreement, signed on July 1, 2014, with a monthly rent of €2,333. The lease was renewed on July 1, 2023, increasing the annual rent to €28,000.
The second unit is a townhouse adjacent to the commercial space, with a surface area of 55 m². On the ground floor, it features a living room, a kitchen, a bathroom, and a storage room. On the first floor, there are two bedrooms with storage spaces, opening onto a 4.64 m² balcony. This property is rented under a furnished lease agreement, signed on March 1, 2013, with a monthly rent of €560.08.
The total annual rental income for this property is €34,720. The property is available immediately, and the sale includes both units.
The second unit is a townhouse adjacent to the commercial space, with a surface area of 55 m². On the ground floor, it features a living room, a kitchen, a bathroom, and a storage room. On the first floor, there are two bedrooms with storage spaces, opening onto a 4.64 m² balcony. This property is rented under a furnished lease agreement, signed on March 1, 2013, with a monthly rent of €560.08.
The total annual rental income for this property is €34,720. The property is available immediately, and the sale includes both units.
PROPERTY FACTS
| Price | $816,709 | Building Class | C |
| Price Per SF | $199.67 | Rentable Building Area | < 15,000 SF |
| Sale Type | Investment | Year Built | 1890 - 1899 |
| Property Type | Flex |
| Price | $816,709 |
| Price Per SF | $199.67 |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Rentable Building Area | < 15,000 SF |
| Year Built | 1890 - 1899 |
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