75020 Paris 2,066 SF Office/Medical Condo Unit Offered at $1,367,742
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INVESTMENT HIGHLIGHTS
- Excellent location well served by transport
- Very good quality tenant in place until June 30, 2025
EXECUTIVE SUMMARY
This building, located in the 20th arrondissement of Paris, is located in a dynamic and multicultural district, close to Buttes-Chaumont and Belleville. The building at this address is typical of the architectural diversity of this sector, which combines old buildings and more recent constructions. The property is well served by transport, and the neighborhood offers a great diversity of shops, restaurants and cafes, as well as iconic places such as the Parc des Buttes-Chaumont, very popular for relaxation and walks.
PROPERTY FACTS
1 UNIT AVAILABLE
| Unit Size | 2,066 SF |
| Price | $1,367,742 |
| Price Per SF | $662.02 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Cap Rate | 3.56% |
| NOI | $48,744.73 |
| Agency Fee | $47,871 |
DESCRIPTION
Renovated offices for sale 192 m²
Purchasing fees: 42,350€ HT
Condominium fees: 3000€ HT
Property tax: €3300/year
Office taxes: 7600 €/m²/year
SALE NOTES
Special investor - at the foot of Passage Plantins (Parc de Belleville) - in a 1985 building, premises occupied by a clinic (rented 57.023 €/year excluding tax) - very good quality tenant.
Availability: 30/06/2025
CONTACT
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Bertrand Fassi - CIB GESTION / ICM CONSULTANTS
