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93100 Montreuil 4,187 SF Retail Condo Unit Offered at $1,089,388
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Investment Highlights
- Strategic location
- Good accessibility
- Proximity to shops and services
Executive Summary
Residential building with ground-floor retail units located in Montreuil. Well-positioned, this property offers good accessibility and is close to shops and services.
Property Facts
| Total Building Size | > 50,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
Amenities
Site Amenities
- Trash Pickup - Curbside
- Fiber Optic Internet
1 Unit Available
| Unit Size | 4,187 SF | Sale Type | Investment |
| Price | $1,089,388 | Cap Rate | 6.81% |
| Price Per SF | $260.18 | NOI | $74,171.08 |
| Condo Use | Retail | Agency Fee | 6.00% of sale price |
| Unit Size | 4,187 SF |
| Price | $1,089,388 |
| Price Per SF | $260.18 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| NOI | $74,171.08 |
| Agency Fee | 6.00% of sale price |
Description
Commercial space for sale located in Montreuil, with a total area of 388.6 m² divided between a ground floor of 215 m², a mezzanine of 65.6 m², and a basement of 108 m². The space is currently occupied and generates annual rental income. It is equipped with cold rooms and an extraction system, and is approximately a 15-minute walk from the Croix de Chavaux metro station.
Sale Notes
Sale price: €996,400 including agency fees (VAT additional for agency fees)
Rent received: €64,000 excluding tax and charges per year
Presented by
Brokerage Real Estate
"93100 Montreuil"
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