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75013 Paris Retail Condo Unit Offered at $388,596
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Highlights
- Space suitable for restaurant use
- Olympiades Gallery bustling with activity
- "On-site extraction"
Description
The unit is part of the Olympiades galleries in the 13th arrondissement of Paris, a well-known commercial complex featuring spacious covered walkways and a dense urban environment. The area benefits from multiple public transportation options, providing easy access for both customers and operators. The common areas of the center are designed to accommodate various commercial activities in a lively and highly frequented setting.
Property Facts
| Price | $388,596 | Total Building Size | 1,722 SF |
| Unit Size | 1,722 SF | Property Type | Retail (Condo) |
| No. Units | 1 | Sale Type | Investment or Owner User |
| Price | $388,596 |
| Unit Size | 1,722 SF |
| No. Units | 1 |
| Total Building Size | 1,722 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment or Owner User |
1 Unit Available
| Unit Size | 1,722 SF | Sale Type | Investment or Owner User |
| Price | $388,596 | Cap Rate | 11.64% |
| Price Per SF | $225.67 | NOI | $45,218.50 |
| Condo Use | Retail | Agency Fee | $31,088 |
| Unit Size | 1,722 SF |
| Price | $388,596 |
| Price Per SF | $225.67 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 11.64% |
| NOI | $45,218.50 |
| Agency Fee | $31,088 |
Description
The premises are located in the heart of the Olympiades galleries, in a commercial environment benefiting from a steady flow of local and passing clientele. The property is laid out on a single level and offers a configuration suitable for operating a restaurant, thanks to the presence of an extraction system. Access is direct from the main walkways of the center, making it easy to welcome the public. No information regarding potential parking has been provided.
Sale Notes
Sale price: €330,000 excluding tax
Annual NOI: €38,400 excluding tax/excluding charges (previous rent)
Additional interesting detail: available quickly after agreement
Presented by
"75013 Paris"
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