Your email has been sent.
75009 Paris 505 SF Retail Condo Unit Offered at $1,229,940
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Old building with window at the foot of the building
- Mixed and dynamic neighborhood
- Very commercial axis, strong pedestrian crossing
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 | $1,229,940 | Cap Rate | 5.71% |
| Price Per SF | $2,435.53 | NOI | $70,282.30 |
| Condo Use | Retail |
| Unit Size | 505 SF |
| Price | $1,229,940 |
| Price Per SF | $2,435.53 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| NOI | $70,282.30 |
DESCRIPTION
This commercial space at the foot of an old building offers an optimized configuration with a main area of 42 m² on the ground floor complemented by a mezzanine of 12 m² and a cellar of 10 m². Rented under a 3/6/9 lease, it benefits from good direct visibility on the street, on an axis with high pedestrian and tourist traffic. The property, healthy and functional, lends itself perfectly to an activity. A quality asset, already secured by the presence of an existing tenant.
SALE NOTES
Offered at 1? 500? €000 for a rental income of 60? €000/year HT-HC, this property offers a gross profitability of 5.71%. An efficient ratio in a highly sought-after sector in the 9th arrondissement. This “busy walls” product guarantees visibility on financial flows in the medium term while offering an assured valuation over the long term. Investment opportunity with tenant in place and premium location.
Presented by
"75009 Paris"
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.