93100 Montreuil 4,187 SF Retail Condo Unit Offered at $1,063,300
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INVESTMENT HIGHLIGHTS
- Strategic location
- Good accessibility
- Proximity to shops and services
EXECUTIVE SUMMARY
Residential building with ground-floor retail spaces located in Montreuil. Well-positioned, this property offers excellent accessibility and is close to shops and services.
PROPERTY FACTS
| Price | $1,063,300 |
| Unit Size | 4,187 SF |
| No. Units | 1 |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | B |
| Floors | 5 |
AMENITIES
SITE AMENITIES
- Trash Pickup - Curbside
- Fiber Optic Internet
1 UNIT AVAILABLE
| Unit Size | 4,187 SF |
| Price | $1,063,300 |
| Price Per SF | $253.95 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| NOI | $72,394.91 |
| Agency Fee | 6.00% of annual rent |
DESCRIPTION
Commercial space for sale located in Montreuil, with a total area of 388.6 m² distributed across 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 storage 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
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CONTACT
-
Olivia AUGEREAU -
Réseau Brokers
