Your email has been sent.
75020 Paris 570 SF Retail Condo Unit Offered at $447,085
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Strategic location: close to the metro and Père-Lachaise
- Lively and developing neighborhood
- High-traffic shopping street
EXECUTIVE SUMMARY
Located in the heart of Rue de Bagnolet, in the 20th arrondissement, this building is situated on a bustling commercial thoroughfare. Just a stone's throw from Alexandre Dumas metro station and Place de la Réunion, it enjoys a dense, dynamic, and rapidly evolving urban environment. The neighbourhood, undergoing transformation, is attracting new businesses and a diverse clientele, including local residents, passers-by, and tourists visiting the nearby Père Lachaise cemetery.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Year Built | 1900 - 1909 |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Year Built | 1900 - 1909 |
| Tenancy | Single |
AMENITIES
SITE AMENITIES
- Controlled Access
- Courtyard
- Fenced Lot
- Wheelchair Accessible
1 UNIT AVAILABLE
Unit 01
| Unit Size | 570 SF | Condo Use | Retail |
| Price | $447,085 | Sale Type | Investment or Owner User |
| Price Per SF | $784.36 |
| Unit Size | 570 SF |
| Price | $447,085 |
| Price Per SF | $784.36 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
This ground-floor commercial space spans 53 square meters in a functional layout. Rented to a renowned restaurant-caterer, it features a charming facade with blue woodwork and a white trellis ceiling. The place exudes authentic character. It is a turnkey property, operated continuously for several years.
SALE NOTES
Offered at €380,000, this property represents an investment opportunity with a tenant in place and immediate rental income. The commercial lease ended in 2020, allowing for potential renegotiations to increase the rent. The area is experiencing high rental demand, enhancing the potential for medium-term returns. A rare asset in a sought-after Parisian neighborhood.
Intérieur
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 20 | - | - |
Presented by
"75020 Paris"
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.