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93100 Montreuil 301 SF Retail Condo Unit Offered at $256,479
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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 | $256,479 | Sale Type | Investment |
| Price Per SF | $852.09 | Agency Fee | 10.00% of sale price |
| Unit Size | 301 SF |
| Price | $256,479 |
| Price Per SF | $852.09 |
| 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 benefits from a strategic location on the ground floor, on a busy shopping street. Developed on one level, the space has a simple configuration, adapted to numerous commercial or service activities. Currently rented, it is a secure rental investment, with favorable taxation since the charges and property tax are borne by the tenant.
SALE NOTES
- Occupied premises, sold rented
- Current lease with an annual rent of €15,600 excluding taxes/charges (no VAT)
- Recoverable charges and property tax are the responsibility of the tenant
- Gross yield of 7%
- Fees payable by the seller: 10% excluding taxes 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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