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75008 Paris 419 SF Retail Condo Unit Offered at $451,265
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Investment Highlights
- Immediate proximity to Liège metro station
- The environment is urban and dynamic
- Secure commercial asset in co-ownership
Executive Summary
The asset is located in a condominium building situated in the 8th arrondissement of Paris, in close proximity to the Liège metro station. The environment is urban and dynamic, benefiting from a dense commercial and tertiary fabric. The building provides easy access from the street as well as common areas allowing access to the basement and restrooms.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Wi-Fi
- Wheelchair Accessible (Rooms)
Site Amenities
- Courtyard
- On-Site Retail
1 Unit Available
| Unit Size | 419 SF | Cap Rate | 6.88% |
| Price | $451,265 | NOI | $31,054.37 |
| Price Per SF | $1,077.00 | Agency Fee | $25,805 |
| Condo Use | Retail | Property Tax | $1.44 /SF/YR |
| Sale Type | Investment |
| Unit Size | 419 SF |
| Price | $451,265 |
| Price Per SF | $1,077.00 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.88% |
| NOI | $31,054.37 |
| Agency Fee | $25,805 |
| Property Tax | $1.44 /SF/YR |
Description
We are offering for sale exclusively a commercial space that is currently leased. Located in close proximity to the Liège metro station, this shop is 31.37 m² with a 7.74 m² basement. It has been rented to a beauty salon (nail care, waxing, etc.) since May 2024. The tenant is reliable with no payment issues. The shop was tastefully renovated in 2024. Net rent is €2,320 (no VAT). Charges are €72 per month, including tax. Property tax is the responsibility of the tenant. The return on investment is 6.3%.
Net seller price: €392,000
Agency fees: €22,416 including tax
The basement is accessible via a trapdoor or the common areas. Ceiling height is 3.10m.
Individual gas and electricity meters. Water supply and drainage (40mm diameter). Fiber optic available. There is a window and glass door at the back of the shop leading to the courtyard. Access to restrooms is in the courtyard.
Contact Axel for more information.
Sale Notes
Sale price: €392,000
Net yield rate: 6.3%
Annual NOI: €26,976
Annual charges: €864
Charges: €72 per month (including tax)
Property tax: €525 (paid by the tenant)
Net rent: €2,320 (no VAT)
Other interesting elements: Annual net rent of €27,840, no VAT on rents, immediate availability, cellar included in the sale.
Presented by
"75008 Paris"
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