75005 Paris 441 SF Retail Condo Unit Offered at $351,566
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INVESTMENT HIGHLIGHTS
- Well very well connected
EXECUTIVE SUMMARY
Located in the heart of the 5th arrondissement of Paris, this location offers an exceptional setting for a company looking for relocation. Nestled in a historic district with authentic charm, it benefits from a dynamic environment, combining tradition and modernity. In the immediate vicinity of the Pantheon, the Sorbonne University and numerous academic institutions, this site is ideal for a company wishing to establish itself in a rich intellectual and cultural sector. Accessibility is optimal thanks to the numerous metro and bus stations within a few minutes' walk, making it easy for employees and visitors to travel. The neighborhood is also animated by a multitude of shops, cafes and restaurants, offering a pleasant and stimulating working environment. The atmosphere is both peaceful and lively, conducive to concentration and professional exchanges. Finally, the typical Parisian architecture of the sector gives this location a unique cachet, ideal for a company seeking to strengthen its image in a prestigious and inspiring setting.
PROPERTY FACTS
| Price | $351,566 |
| Unit Size | 441 SF |
| No. Units | 1 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | B |
| Floors | 7 |
| Year Built | 1910 - 1919 |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 441 SF |
| Price | $351,566 |
| Price Per SF | $797.20 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| NOI | $18,281.41 |
| Agency Fee | 3.33% of annual rent |
DESCRIPTION
For sale, a commercial space of 41 m² ideally located in the heart of 5? arrondissement of Paris. This property, whose walls are occupied, is currently rented to a trendy hairdressing salon. The 3/6/9 year commercial lease, signed in 2022, runs until 2031.
SALE NOTES
The sale price is fixed at €310,000, including acquisition fees of 3.33% of the price excluding taxes, i.e. a net selling amount of €300,000.
This property, whose walls are occupied, is currently rented to a trendy hairdressing salon. The 3/6/9 year commercial lease, signed in 2022, runs until 2031.
The monthly rent excluding taxes is €1,450, accompanied by a provision on charges of €50. Offering a profitability of 5.2% including agency fees, this opportunity represents an interesting investment.
CONTACT
-
Alexandre Boscher -
De Ferla
