Quartier Sorbonne 430 SF Retail Condo Unit Offered at $601,013 in 75005 Paris
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INVESTMENT HIGHLIGHTS
- Very good accessibility
- Proximity to shops and services
- Historic and dynamic neighborhood
EXECUTIVE SUMMARY
The building, located in the Sorbonne district in Paris 5th, is a mixed building comprising mainly two-storey apartments and a ground floor for commercial use. Located in the historic heart of the 5th arrondissement, it benefits from a dynamic environment in the immediate vicinity of numerous shops, restaurants and cultural establishments. As for transport, it is served by the Maubert-Mutualité metro station (line 10) (line 10) located about 300 meters away, as well as by several bus lines, including lines 24 and 63. Vélib' stations are also available nearby, offering ideal accessibility for urban travel.
PROPERTY FACTS
Price | $601,013 |
Unit Size | 430 SF |
No. Units | 1 |
Total Building Size | 10,000 - 60,000 SF |
Property Type | Multifamily (Condo) |
Property Subtype | Apartment |
Sale Type | Investment |
Building Class | C |
Floors | 6 |
Year Built | 1790 - 1799 |
AMENITIES
SITE AMENITIES
- Fiber Optic Internet
1 UNIT AVAILABLE
Unit Size | 430 SF |
Price | $601,013 |
Price Per SF | $1,397.70 |
Condo Use | Retail |
Sale Type | Investment |
Agency Fee | $29,263 |
DESCRIPTION
Commercial space of 40 m² on the ground floor located in the Sorbonne district, benefiting from a facade of 5 meters. Location n° 1 bis. This property is sold rented under a 6-9-10 year lease.
SALE NOTES
Price: 534,000€
Fees: €26,000 excluding VAT
Subject to VAT
Rental income: €36,000 per year.