75016 Paris 1,270 SF Office Condo Unit Offered at $1,668,635

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INVESTMENT HIGHLIGHTS
- High-end building with an on-site concierge.
- Elevator and private parking
- Prime location
EXECUTIVE SUMMARY
High-end building dating back to 1942, meticulously maintained and offering quality amenities, including an on-site caretaker. Located in the heart of Paris's 16th arrondissement, it boasts classic and elegant architecture, complemented by modern comforts such as an elevator and security features. The living environment is calm and residential, situated in a highly sought-after area known for its shops, schools, and green spaces. The immediate surroundings provide a wide range of services, including restaurants, stores, and nearby public transportation, ensuring excellent accessibility. The presence of numerous facilities and a vibrant neighborhood atmosphere make this property a prime location.
PROPERTY FACTS
Price | $1,668,635 |
Unit Size | 1,270 SF |
No. Units | 1 |
Total Building Size | 10,000 - 60,000 SF |
Property Type | Multifamily (Condo) |
Property Subtype | Apartment |
Sale Type | Investment or Owner User |
Building Class | C |
Floors | 8 |
Year Built | 1960 - 1969 |
AMENITIES
UNIT AMENITIES
- Balcony
- Bay Window
- Kitchen
- Hardwood Floors
- Wi-Fi
- Basement
- Deck
- Office
- Skylights
SITE AMENITIES
- Controlled Access
- Concierge
- Courtyard
- Fenced Lot
- Disposal Chutes
- Vintage Building
- Wi-Fi
- Elevator
- Public Transportation
1 UNIT AVAILABLE
Unit 01
Unit Size | 1,270 SF |
Price | $1,668,635 |
Price Per SF | $1,313.89 |
Condo Use | Office |
Sale Type | Investment or Owner User |
Parking Spaces | Yes |
Agency Fee | $83,431 |
DESCRIPTION
This 1,274 sq. ft. office space (per Carrez law) is located on the fourth floor of a high-end building, accessible by elevator. It features an optimal layout with a large, bright workspace, three separate offices, including a main office with an en-suite bathroom and walk-in closet. The eat-in kitchen and two bathrooms, one with separate toilets, add great functionality to the property. Additionally, a small balcony enhances the work environment. The property also includes a basement parking space and a storage cellar, making it an ideal solution for a private practice or office use. The space is in excellent condition and move-in ready, presenting a rare opportunity for businesses seeking modern amenities.
SALE NOTES
This 118.39 m² property, listed at €1,476,191, represents an attractive opportunity for an investor seeking a high-quality asset in a sought-after area. Buyer fees amount to €73,809 excluding tax, which should be factored into the total acquisition cost. The property offers strong potential for profitability due to its ideal use for a professional practice, while being located in a prestigious building with premium amenities such as an elevator, parking, and a storage cellar. The desirable location, combined with high-quality features, ensures solid value appreciation and optimal use of the property, providing long-term profitability.