75020 Paris 3,681 SF Flex Building $2,126,780 ($577.73/SF)

Alexandrine Collard presents this great opportunity in East Paris: active social hotel property, located in the 20th arrondissement, in close proximity to shops, transportation, and administrative infrastructure.
Main features:
- Total area: 342.1 m² Carrez,
- 24 rooms already in operation,
- Option to purchase an adjoining 70 m² apartment, allowing for the creation of 5 additional rooms,
- Possible building extension in compliance with regulations,
- Validated certificate of conformity and safety commission,
Sale price: 1,800,000 euros including agency fees (fees payable by the seller 4.79%).
A solid and promising investment
Social hospitality is currently a high-demand sector, driven by the growing need for temporary housing and emergency accommodation in Paris.
Benefits:
- Structurally secure market with enduring needs,
- Stable rental income, with an institutional or associative clientele,
- Heritage real estate asset with property and business, ensuring complete control of operations,
Immediately operational establishment,
Validated safety and compliance standards,
Potential for expansion,
Attractive profitability in a promising market.
Energy Performance Certificate (DPE) D, Greenhouse Gas Emissions (GES) B
Estimated annual energy expenses for standard use between 10,000 and 11,000 euros indexed to the years 2021, 2022, and 2023.
To visit and assist you with your project, contact ALEXANDRINE COLLARD at 0786888992 or by email at a.collard@proprietes-privees.com.
According to Article L.561.5 of the Monetary and Financial Code, a piece of identification will be required for the organization of the visit.
This announcement has been drafted under the editorial responsibility of ALEXANDRINE COLLARD acting as a commercial agent registered with the RSAC CHALON EN CHAMPAGNE 791164510 with SAS PROPRIETES PRIVEES, with a capital of 44,920 euros, ZAC LE CHÊNE FERRÉ - 44 ALLÉE DES CINQ CONTINENTS 44120 VERTOU; SIRET 487 624 777 00040, RCS Nantes. Professional Card Transactions on buildings and business assets (T) and Property Management (G) n°CPI 4401 2016 000 010 388 issued by the CCI Nantes - Saint Nazaire. Escrow account n°30932508467 BPA SAINT-SEBASTIEN-SUR-LOIRE (44230). GALIAN-SMABTP Guarantee - 89 rue de la Boétie, 75008 Paris - n°28137 J for 2,000,000 euros for T and 120,000 euros for G. Professional liability insurance by GALIAN-SMABTP policy n° 28137.J
Mandate ref: 426337 - The professional guarantees and secures your real estate project.
Condominium of 7 lots.
Annual charges: 3,000 euros.
ALEXANDRINE COLLARD (EI) Commercial Agent - RSAC Number: CHALON EN CHAMPAGNE 791164510.
Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr