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75020 Paris Flex Condo Unit Offered at $301,948
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Description
75020 PARIS MÉNILMONTANT NEIGHBORHOOD: COMMERCIAL PROPERTY WITH LEASE TRANSFER - 31.10 SQM - HIGHLY TRAFFICKED STREET Brigitte MAGNIN exclusively offers the walls of this commercial property with a surface area of 31.10 sqm (Carrez law), located on the ground floor. The space includes the shop, a kitchen at the back, a restroom, an office area, and a small storage room. The commercial property is situated on a dynamic and highly trafficked street with constant pedestrian flow, in the heart of the well-known Ménilmontant neighborhood. It is surrounded by anchor stores that drive foot traffic in this area, close to Rue des Pyrénées, between Jourdain and Place Gambetta. SUITABLE FOR ALL BUSINESSES EXCEPT RESTAURANTS WITH EXTRACTION SYSTEMS. Small co-ownership of 9 units. Annual rent: €19,200 excluding charges and taxes. Minimal annual provision for charges: €40. Property tax for 2025: €514. Price for the property: €257,000 (including 7.083% fees payable by the buyer, i.e., €240,000 net seller price), offering an 8% profitability rate. Lease transfer available for €26,000, including a fixed fee of €6,000 payable by the buyer (i.e., €20,000 net seller price). This can be sold simultaneously or as part of an eviction indemnity. To schedule a visit and assist you with your project, contact Ms. Brigitte MAGNIN at +33 6 50 72 66 36 or via email at b.magnin@proprietes-privees.com. She specializes in the sale of business assets, lease transfers, rentals, and commercial property transactions, acting as an independent business agent. In accordance with Article L.561.5 of the Monetary and Financial Code, a valid ID will be required for organizing the visit. This announcement has been prepared under the editorial responsibility of Brigitte MAGNIN, acting as a commercial agent registered with the RSAC Paris under number 914140645, on behalf of SAS PROPRIETES PRIVEES, with a capital of €44,920, located at ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional license for real estate transactions and property management (T and G) No. CPI 4401 2016 000 010 388 issued by the CCI Nantes - Saint Nazaire. Escrow account No. 30932508467 BPA SAINT-SEBASTIEN-SUR-LOIRE (44230). Guarantee provided by GALIAN-SMABTP - 89 rue de la Boétie, 75008 Paris - No. 28137 J for €2,000,000 for T and €120,000 for G. Professional liability insurance by GALIAN-SMABTP, policy number 28137.J. Mandate ref: 437154 - As a professional, I advise and secure your installation project. Co-ownership of 9 units. Annual charges: €38.17. Brigitte MAGNIN (EI) Commercial Agent - RSAC Registration Number: Paris 914140645. Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr
Property Facts
| Price | $301,948 | Total Building Size | 334 SF |
| Unit Size | 333 SF | Property Type | Flex (Condo) |
| No. Units | 1 | Sale Type | Owner User |
| Price | $301,948 |
| Unit Size | 333 SF |
| No. Units | 1 |
| Total Building Size | 334 SF |
| Property Type | Flex (Condo) |
| Sale Type | Owner User |
1 Unit Available
| Unit Size | 333 SF | Sale Type | Owner User |
| Price | $301,948 | Agency Fee | 7.08% of sale price |
| Price Per SF | $906.75 | Property Tax | $1.81 /SF/YR |
| Condo Use | Flex |
| Unit Size | 333 SF |
| Price | $301,948 |
| Price Per SF | $906.75 |
| Condo Use | Flex |
| Sale Type | Owner User |
| Agency Fee | 7.08% of sale price |
| Property Tax | $1.81 /SF/YR |
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"75020 Paris"
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