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75009 Paris Retail Condo Unit Offered at $246,454
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Highlights
- Occupied commercial premises
- High visibility with storefront.
- Highly sought-after upscale neighborhood
- Attractive profitability, turnkey.
Description
The premises are located in the 9th arrondissement of Paris, a sector renowned for its commercial appeal, dynamism, and affluent clientele. The neighborhood benefits from excellent public transportation access, particularly due to the immediate proximity of the Liège metro station, making it convenient for both customers and the operator. The dense and lively urban environment ensures a steady pedestrian flow. Occupied walls in Paris 9th, in a high-income neighborhood. Small, well-designed space of 17m² consisting of a sales area, a small storage room, and a restroom. A clean and renovated basement of 8m² is included. Security deposit of 3 months. Rent is €1,400 per month. Act-in-hand yield rate of 7.4%. - Metal shutters - Private restroom - Display window
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Property Tax | $1.75 /SF/YR |
| Cap Rate | 7.40% |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| Property Tax | $1.75 /SF/YR |
Occupied walls in Paris 9th, in a high-income neighborhood. Small, well-designed space of 17m² consisting of a sales area, a small storage room, and a restroom. A clean and renovated basement of 8m² is included. Security deposit of 3 months. Rent is €1,400 per month. Act-in-hand yield rate of 7.4%.
- Metal shutters
- Private restroom
- Display window
Annual rent: €16,800
Monthly rent: €1,400
Security deposit: 3 months
Yield rate: 7.4% net
Property tax: €420 per year
Additional highlights: Well-maintained and renovated basement, optimized space, prime location in a dynamic and sought-after neighborhood.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 279 SF | Retail | $246,454 ($883.35/SF) | $18,237.62 |
-
| Unit Size |
| 279 SF |
| Condo Use |
| Retail |
| Price |
| $246,454 ($883.35/SF) |
| NOI |
| $18,237.62 |
-
| Unit Size | 279 SF |
| Condo Use | Retail |
| Price | $246,454 ($883.35/SF) |
| NOI | $18,237.62 |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| Property Tax | $1.75 /SF/YR |
| Description | |
| The premises are located in the 9th arrondissement of Paris, a sector renowned for its commercial appeal, dynamism, and affluent clientele. The neighborhood benefits from excellent public transportation access, particularly due to the immediate proximity of the Liège metro station, making it convenient for both customers and the operator. The dense and lively urban environment ensures a steady pedestrian flow.<br> <br> Occupied walls in Paris 9th, in a high-income neighborhood. Small, well-designed space of 17m² consisting of a sales area, a small storage room, and a restroom. A clean and renovated basement of 8m² is included. Security deposit of 3 months. Rent is €1,400 per month. Act-in-hand yield rate of 7.4%.<br> <br> - Metal shutters<br> - Private restroom<br> - Display window</li></ul> | |
| Sale Notes | |
| Sale price: €212,000 including fees <br> Annual rent: €16,800 <br> Monthly rent: €1,400 <br> Security deposit: 3 months <br> Yield rate: 7.4% net <br> Property tax: €420 per year <br> Additional highlights: Well-maintained and renovated basement, optimized space, prime location in a dynamic and sought-after neighborhood.</li></ul> |
Property Facts
| Price | $246,454 | Total Building Size | 280 SF |
| Unit Size | 279 SF | Property Type | Retail (Condo) |
| No. Units | 1 | Sale Type | Investment |
| Price | $246,454 |
| Unit Size | 279 SF |
| No. Units | 1 |
| Total Building Size | 280 SF |
| Property Type | Retail (Condo) |
| Sale Type | Investment |
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