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75003 Paris Retail Condo Unit Offered at $906,202
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Description
FOR SALE IN PARIS 3RD ARRONDISSEMENT, "CHARLOT/ENFANTS ROUGES" AREA, a portfolio of two retail spaces: one occupied by a restaurant, the other by a personal service business. For the restaurant: it is a 37.52m² ground-floor space with restroom facilities and an extraction duct, plus a basement of approximately 15m². It is rented for €24,000 excluding taxes and charges annually (a rental rate on the lower end of the market). For the personal service business: a 27.9m² retail space rented for €18,600 excluding taxes and charges annually (also a rental rate on the lower end of the market). Both tenants are long-standing and have no history of rent arrears. Property tax and tenant charges are paid by the tenants. Security deposit: 3 months' rent for each tenant. Total annual rent for both spaces: €42,600 excluding taxes and charges. Sale price: €770,000 net to the seller + 5% excluding taxes in fees payable by the buyer.
Property Facts
| Price | $906,202 | Total Building Size | 861 SF |
| Unit Size | 861 SF | Property Type | Retail (Condo) |
| No. Units | 1 | Sale Type | Investment |
| Price | $906,202 |
| Unit Size | 861 SF |
| No. Units | 1 |
| Total Building Size | 861 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment |
1 Unit Available
| Unit Size | 861 SF | Condo Use | Retail |
| Price | $906,202 | Sale Type | Investment |
| Price Per SF | $1,052.50 | Property Tax | $2.50 /SF/YR |
| Unit Size | 861 SF |
| Price | $906,202 |
| Price Per SF | $1,052.50 |
| Condo Use | Retail |
| Sale Type | Investment |
| Property Tax | $2.50 /SF/YR |
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Turenne Transaction & Patrimoine
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"75003 Paris"
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