75009 Paris 26,448 SF 51% Leased Retail Building $18,301,192 ($691.98/SF) 3.85% Cap Rate

Located in the heart of the Grands Magasins district, just steps from the Galeries Lafayette, this standalone building with full ownership enjoys an exceptional location in an ultra-commercial environment, well-served by numerous metro lines, buses, and the RER. The building consists of a retail space on the ground floor spread over several levels, as well as a set of residential units on the upper floors, some of which are already rented, offering additional value potential. The entire property is in very good condition and benefits from optimal visibility thanks to a street-facing storefront and high pedestrian traffic. The accessibility, quality of the commercial area, density of surrounding services, and the constant dynamism of the sector make this asset a rare opportunity in one of the most sought-after neighborhoods in Paris.
Property tax: €18,285/year
Additional details: 20 apartments, 4 of which are rented; retail space on ground floor / basement / 1st floor; standalone building with full ownership