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75010 Paris 613 SF Retail Condo Unit Offered at $470,201
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INVESTMENT HIGHLIGHTS
- Commercial space in a well-maintained Parisian building
- Immediate proximity to transportation: metro, bus, Gare de l'Est.
- Located on a busy and commercial street in the 10th arrondissement.
EXECUTIVE SUMMARY
This commercial space is located in a typical Parisian building, part of a well-maintained and sound co-ownership, in the 10th arrondissement. The building enjoys a prime location in the heart of a vibrant shopping district. The property is situated on Rue Chabrol, a highly frequented street with significant foot traffic, ensuring excellent visibility. The area is well-served by several metro and bus lines, as well as the nearby Gare de l'Est, making access convenient for both customers and clients. The space has been rented out since 2018 to a stable tenant, offering a secure investment opportunity for potential investors.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1850 - 1859 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1850 - 1859 |
1 UNIT AVAILABLE
| Unit Size | 613 SF | Sale Type | Investment |
| Price | $470,201 | Cap Rate | 5.00% |
| Price Per SF | $767.05 | NOI | $23,510.05 |
| Condo Use | Retail |
| Unit Size | 613 SF |
| Price | $470,201 |
| Price Per SF | $767.05 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $23,510.05 |
DESCRIPTION
Commercial space with an area of 57 m² located on the ground floor of a Parisian building. Rented since 2018 to a stable tenant company, ensuring reliable rental income. The space has a good layout and optimal visibility on a busy street in the 10th arrondissement. Utilities and property tax are the responsibility of the tenant.
SALE NOTES
Excellent investment opportunity in a sought-after area of Paris. The commercial space is being sold with an active lease, ensuring a gross yield of 5%. The current tenant has been in place for several years, providing rental security. This property is particularly suited for investors looking to acquire an asset that is both attractive and stable in a central neighborhood with high commercial demand. Fees not included.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
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"75010 Paris"
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