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75009 Paris 505 SF Retail Condo Unit Offered at $1,235,367
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INVESTMENT HIGHLIGHTS
- Old building with a storefront at street level
- Mixed and dynamic neighborhood
- Highly commercial area, heavy foot traffic
EXECUTIVE SUMMARY
Typical old building of the neighborhood, featuring elegant architecture and a well-maintained structure. The immediate surroundings host numerous retail establishments, offices, and a constant flow of tourists. The mixed-use building contributes to the economic vitality of the area.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| 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 | B |
| Floors | 7 |
| Year Built | 1850 - 1859 |
AMENITIES
UNIT AMENITIES
- Balcony
- Basement
SITE AMENITIES
- Concierge
- Courtyard
- On-Site Retail
- Key Fob Entry
- Fiber Optic Internet
1 UNIT AVAILABLE
Unit 01
| Unit Size | 505 SF | Sale Type | Investment |
| Price | $1,235,367 | Cap Rate | 5.71% |
| Price Per SF | $2,446.27 | NOI | $70,592.39 |
| Condo Use | Retail |
| Unit Size | 505 SF |
| Price | $1,235,367 |
| Price Per SF | $2,446.27 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| NOI | $70,592.39 |
DESCRIPTION
This commercial space on the ground floor of an old building offers an optimized layout with a main area of 42 m² on the ground floor, complemented by a 12 m² mezzanine and a 10 m² basement. Leased under a 3/6/9 lease agreement, it enjoys excellent street visibility on a high foot traffic and tourist axis. The property is sound and functional, making it ideal for a business activity. A quality investment asset, already secured by the presence of an existing tenant.
SALE NOTES
Offered at €1,050,000 for a rental income of €60,000 per year excluding taxes and charges, this property offers a gross yield of 5.71%. This is a strong ratio in a highly sought-after area of the 9th arrondissement. This "occupied walls" product ensures visibility on cash flow in the medium term while providing guaranteed appreciation in the long term. Investment opportunity with a tenant in place and a premium location.
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"75009 Paris"
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