75020 Paris 3,681 SF Flex Building $2,094,363 ($568.93/SF)

Alexandrine Collard presents this excellent opportunity in East Paris: social hotel premises currently in operation, located in the 20th arrondissement, in close proximity to shops, public transportation, and administrative infrastructure.
Key Features:
- Total area: 342.1 m² (Carrez law measurement),
- 24 rooms already in operation,
- Option to purchase an adjacent 70 m² apartment, allowing for the creation of 5 additional rooms,
- Potential for building expansion in compliance with regulations,
- Certificate of conformity and safety commission approved.
Sale Price: €1,800,000 (including agency fees, with seller's fees at 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 accommodations in Paris.
Benefits:
- Structurally secure market due to long-term demand,
- Stable rental income with institutional or nonprofit clientele,
- Real estate asset with both premises and business, ensuring full control of operations.
Property ready for immediate use,
Safety and compliance standards validated,
Expansion potential,
Attractive profitability in a thriving market.
Energy Performance Rating: D
Greenhouse Gas Emissions Rating: B
Estimated annual energy costs for standard use: between €10,000 and €11,000, indexed to 2021, 2022, and 2023.
To schedule a visit and assist you with your project, contact ALEXANDRINE COLLARD at 0786888992 or via email at a.collard@proprietes-privees.com.
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 ALEXANDRINE COLLARD, acting as a commercial agent registered with RSAC CHALON EN CHAMPAGNE 791164510 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 Real Estate Transaction and Property Management License (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 No. 28137.J.
Mandate Ref: 426337 - The professional ensures and secures your real estate project.
Co-ownership of 7 lots.
Annual charges: €3,000.
ALEXANDRINE COLLARD (EI) Commercial Agent - RSAC Registration Number: CHALON EN CHAMPAGNE 791164510.
Information on risks associated with this property is available on the Géorisques website: www.georisques.gouv.fr