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34680 Saint-Georges-d'Orques 6,458 SF Flex Building $797,560 ($123.49/SF)
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Sale Notes
V9987 - NORTH OUTSKIRTS OF MONTPELLIER – INVESTOR SPECIAL – ACTIVITY / WAREHOUSE SPACE APPROX. 600 SQM
Thélène Entreprises is offering for sale a 400 sqm income-producing building, ideal for an investor looking for a secure and profitable asset.
Recent building (constructed in 2000), perfectly maintained, fully leased, and requiring no work.
Property layout:
Ground floor:
Retail unit of 33 sqm (leased)
Retail unit of 165 sqm (leased)
Garages and storage units 102 sqm
Upper floor (1st floor):
Three apartments of 96 sqm each (all leased), with terrace
Current annual rent:
165 sqm unit: €1,083 excl. VAT/month, with potential of €1,550 / €1,650 excl. VAT/month (i.e. potential additional income between €5,600 and €6,800 excl. VAT/year).
33 sqm unit: €250 excl. VAT/month, can be adjusted to €415 excl. VAT/month.
Apartments: €950/month each.
Net seller price: €680,000 (marketing fees extra).
Guaranteed yield on a property with no vacancy and further upside on rental income.
Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr
- Ground-level access
- Maneuvering area
- 380V electrical power
- Concrete façade
- Fiber optic
- Clear height: 3.52 m
- Outdoor parking
- Sectional door: 3.28 m (w) x 3.20 m (h)
- Asphalted yard
- Fenced lot
- Insulated roof
Thélène Entreprises is offering for sale a 400 sqm income-producing building, ideal for an investor looking for a secure and profitable asset.
Recent building (constructed in 2000), perfectly maintained, fully leased, and requiring no work.
Property layout:
Ground floor:
Retail unit of 33 sqm (leased)
Retail unit of 165 sqm (leased)
Garages and storage units 102 sqm
Upper floor (1st floor):
Three apartments of 96 sqm each (all leased), with terrace
Current annual rent:
165 sqm unit: €1,083 excl. VAT/month, with potential of €1,550 / €1,650 excl. VAT/month (i.e. potential additional income between €5,600 and €6,800 excl. VAT/year).
33 sqm unit: €250 excl. VAT/month, can be adjusted to €415 excl. VAT/month.
Apartments: €950/month each.
Net seller price: €680,000 (marketing fees extra).
Guaranteed yield on a property with no vacancy and further upside on rental income.
Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr
- Ground-level access
- Maneuvering area
- 380V electrical power
- Concrete façade
- Fiber optic
- Clear height: 3.52 m
- Outdoor parking
- Sectional door: 3.28 m (w) x 3.20 m (h)
- Asphalted yard
- Fenced lot
- Insulated roof
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$6,475
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$6,475
|
-
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $6,475 |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $6,475 |
| Annual Per SF | - |
Property Facts
| Price | $797,560 | Property Type | Flex |
| Price Per SF | $123.49 | Rentable Building Area | < 15,000 SF |
| Sale Type | Owner User |
| Price | $797,560 |
| Price Per SF | $123.49 |
| Sale Type | Owner User |
| Property Type | Flex |
| Rentable Building Area | < 15,000 SF |
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