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75011 Paris 525 SF Retail Condo Unit Offered at $528,802

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DESCRIPTION
Le Boutiquier offers you, in Paris 11th district (75011), the occupied premises of a commercial space measuring 40.83 m², divided into 26.03 m² on the ground floor and 14.8 m² in the basement with direct access. Located on Rue Pache, close to Place Léon Blum and the Voltaire metro station (Line 9), this location benefits from excellent visibility in a lively and highly sought-after neighborhood, blending food shops, restaurants, galleries, and local services. The dynamic commercial environment attracts high pedestrian traffic throughout the week. The space is rented under a fixed 10-year lease signed in January 2023. The current net rent is €27,000 per year, with a triennial adjustment planned based on the ILC index. The post-adjustment rent is estimated at €29,841.53 per year. Property tax (€300 per year) is fully charged to the tenant. Annual charges: €780. Price: €450,000 including agency fees Yield: 6.63% REF: BO3-1771
PROPERTY FACTS
| Price | $528,802 | Property Type | Retail (Condo) |
| Unit Size | 525 SF | Sale Type | Owner User |
| No. Units | 1 |
| Price | $528,802 |
| Unit Size | 525 SF |
| No. Units | 1 |
| Property Type | Retail (Condo) |
| Sale Type | Owner User |
1 UNIT AVAILABLE
| Unit Size | 525 SF | Condo Use | Retail |
| Price | $528,802 | Sale Type | Owner User |
| Price Per SF | $1,007.24 |
| Unit Size | 525 SF |
| Price | $528,802 |
| Price Per SF | $1,007.24 |
| Condo Use | Retail |
| Sale Type | Owner User |
Presented by
Le Boutiquier
"75011 Paris"
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