75018 Paris 290 SF Retail Condo Unit Offered at $254,332
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INVESTMENT HIGHLIGHTS
- Occupied unit sold
- Restrooms
- Reception area
EXECUTIVE SUMMARY
Located in a lively and well-connected neighborhood in the northern part of Paris, this location represents a strategic choice for a company looking to relocate. The area boasts excellent accessibility thanks to its proximity to several metro and bus lines, as well as quick access to major roadways, making it convenient for both employees and clients to travel. The neighborhood, dynamic and rapidly evolving, offers a rich variety of infrastructure and services. With a mix of shops, restaurants, leisure spaces, and cultural venues, the area provides a stimulating environment for teams. The presence of numerous business centers and companies across diverse sectors, such as technology, communication, and services, makes it a key hub of economic activity. Commercial real estate in the area is diverse and caters to a wide range of needs, offering modern spaces well-suited to the demands of today’s businesses. A vibrant, well-connected, and appealing setting that is sure to attract any relocation project.
PROPERTY FACTS
| Price | $254,332 |
| Unit Size | 290 SF |
| No. Units | 1 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Sale Type | Investment |
| Building Class | C |
| Floors | 8 |
| Year Built | 1930 - 1939 |
1 UNIT AVAILABLE
| Unit Size | 290 SF |
| Price | $254,332 |
| Price Per SF | $877.01 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.55% |
| NOI | $14,115.43 |
| Agency Fee | $13,564 |
DESCRIPTION
This ground-floor commercial space offers an area of 27.82 m², including a reception area and restroom facilities. It boasts an impressive ceiling height of 3.50 meters, providing a sense of spaciousness and natural light. The street-facing façade ensures excellent visibility, ideal for attracting pedestrians and potential customers. The interior layout is simple yet functional, suitable for various types of commercial activities. The property is currently occupied, guaranteeing a gross annual yield of over 5.55%, offering immediate profitability for the buyer.
SALE NOTES
The sale of this property includes a price of €225,000, with annual fees of €550 and property taxes of €480 per year. The unit is part of a condominium consisting of 36 lots, and agency fees, payable by the buyer, amount to €12,000 including tax. This property represents an investment opportunity with stable returns in a commercial area.
CONTACT
-
Michel Valentino -
Rez-De-Chaussee.Com
