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93100 Montreuil 301 SF Retail Condo Unit Offered at $257,968
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EXECUTIVE SUMMARY
Commercial building with a single level in use, located at the base of a larger property.
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 4 |
| Property Subtype | Apartment | Year Built | 1870 - 1879 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Year Built | 1870 - 1879 |
1 UNIT AVAILABLE
| Unit Size | 301 SF | Condo Use | Retail |
| Price | $257,968 | Sale Type | Investment |
| Price Per SF | $857.04 | Agency Fee | 10.00% of sale price |
| Unit Size | 301 SF |
| Price | $257,968 |
| Price Per SF | $857.04 |
| Condo Use | Retail |
| Sale Type | Investment |
| Agency Fee | 10.00% of sale price |
DESCRIPTION
Located on Boulevard de la Boissière in Montreuil, this commercial space enjoys a strategic ground-floor location on a busy shopping thoroughfare. Designed on a single level, the space offers a straightforward layout suitable for a wide range of retail or service activities. Currently rented, it represents a secure rental investment with favorable tax conditions, as the tenant is responsible for both operating expenses and property taxes.
SALE NOTES
- Occupied premises, sold rented
- Lease in progress with annual rent of 15? 600€ HT/HC (no VAT)
- Recoverable expenses and property tax at the expense of the tenant
- Gross profitability of 7%
- Fees charged to the seller: 10% excluding tax of the sale price
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
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"93100 Montreuil"
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