Your email has been sent.
75017 Paris 699 SF Retail Condo Unit Offered at $463,169
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Corner building on two shopping streets
- 10 meters of storefront frontage
EXECUTIVE SUMMARY
The building is located in a vibrant area of the 17th arrondissement, close to shops, schools, restaurants, and services. It is well served by public transport, making access easy for both clients and employees. The property is in good overall condition, providing a pleasant professional environment. Its 10-metre linear frontage ensures optimal visibility for commercial activity. The neighbourhood is known for its lively local atmosphere and loyal customer base.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 7 |
| Year Built | 1900 - 1909 |
1 UNIT AVAILABLE
| Unit Size | 699 SF | Sale Type | Investment |
| Price | $463,169 | Cap Rate | 6.10% |
| Price Per SF | $662.62 | NOI | $28,259.19 |
| Condo Use | Retail | Agency Fee | 30.00% of sale price |
| Unit Size | 699 SF |
| Price | $463,169 |
| Price Per SF | $662.62 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| NOI | $28,259.19 |
| Agency Fee | 30.00% of sale price |
DESCRIPTION
This ground-floor shop offers a space of 65 square meters, with 43 square meters on the ground floor and 22 square meters in the basement. It enjoys great visibility with 10 meters of storefront. Currently operated as a gourmet grocery and small restaurant, it is in excellent condition. The premises are accessible via an interior staircase connecting the basement to the ground floor.
SALE NOTES
9-year commercial lease concluded in 2022 with an annual rent of 24,100 Euros excluding taxes and charges. Rental charges: 1,500 Euros per year. Premises in good general condition. Sale price 408,000 Euros including agency fees.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 54 | - | - |
Presented by
"75017 Paris"
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.