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75020 Paris 570 SF Retail Condo Unit Offered at $439,794
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Investment Highlights
- Strategic location: close to the metro and Père-Lachaise
- Lively and developing neighborhood
- Busy shopping street with high foot traffic
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | 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 space exudes authentic character. It is a turnkey property that has been successfully operated without interruption for several years.
Sale Notes
Offered at €380,000, this property represents an investment opportunity with a tenant already 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 medium-term yield potential. A rare asset in a sought-after Parisian neighborhood.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 570 SF | Retail | $439,794 ($771.57/SF) | - |
-
| Unit Size |
| 570 SF |
| Condo Use |
| Retail |
| Price |
| $439,794 ($771.57/SF) |
| NOI |
| - |
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-
| Unit Size | 570 SF |
| Condo Use | Retail |
| Price | $439,794 ($771.57/SF) |
| NOI | - |
| Sale Type | 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 space exudes authentic character. It is a turnkey property that has been successfully operated without interruption for several years.</li></ul> | |
| Sale Notes | |
| Offered at €380,000, this property represents an investment opportunity with a tenant already 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 medium-term yield potential. A rare asset in a sought-after Parisian neighborhood.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Retail (Condo) | Floors | 3 |
| Property Subtype | Retail | Year Built | 1900 - 1909 |
| Total Building Size | < 15,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Retail |
| Building Class | C |
| Floors | 3 |
| Year Built | 1900 - 1909 |
Amenities
- Controlled Access
- Courtyard
- Fenced Lot
- Wheelchair Accessible
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Matterport 3D Exterior
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Street
Map
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