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38200 Saint-Sorlin-de-Vienne 731 SF Flex Condo Unit Offered at $127,862



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DESCRIPTION
High-Yield Investment Opportunity – Leased Commercial Space + Residential Potential We offer a real estate investment package consisting of a currently leased commercial space and additional areas with strong potential for residential development. This package represents a rare opportunity combining secure immediate returns and medium-term value creation. The commercial space, fully utilized and renovated, generates stable rental income, while the additional areas, currently in raw condition, allow for a transformation project into housing, either for long-term or short-term rental, with independent access through the common areas. Technical Features and Lot Description Leased Commercial Space: 68 m² - Sales Area: 25 m² - Kitchen: 10 m² - WC: 1.64 m² - Storage: 32 m² - Current Rent: €790 excl. VAT/excl. charges per month - Charges: €48 per month - Property Tax: €612 per year, fully paid by the tenant (lease clause) - Heating via reversible heat pump - Fully renovated space, up to standards, very good general condition, established activity with good performance level Additional Areas: 80 m² divided into three dependencies - 1: 27 m² - 2: 15 m² - 3: 38 m², 6m height, possibility of two levels - Raw condition, high potential for development - Lots already created in the condominium regulations - Condominium approval obtained for change of use to residential - Independent access through common areas, separate from the commercial space Profitability Analysis and Investor Potential Based on a sale price of the commercial space at €110,000, the annual rent of €9,480 excl. VAT allows for a gross yield of 8.6% (with property tax and 80% of condominium charges paid by the tenant). Additionally, there is significant value creation potential through the renovation of the 80 m² additional areas, already legally divided and authorized for residential use, allowing for the development of significant additional rental income. This package is aimed at an investor seeking both secure immediate returns and a strategy for asset value enhancement, with real long-term growth potential. Sébastien Germond RSAC 850 546 318 sebastien.germond@cesaretbrutus.com 0644103261 Ref: SG-9237 Fees payable by the seller. In a condominium of 8 lots. Average share of the projected budget €700/year. No procedures are underway. Energy class C, Climate class B. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.
PROPERTY FACTS
| Price | $127,862 | Property Type | Flex (Condo) |
| Unit Size | 731 SF | Sale Type | Investment or Owner User |
| No. Units | 1 |
| Price | $127,862 |
| Unit Size | 731 SF |
| No. Units | 1 |
| Property Type | Flex (Condo) |
| Sale Type | Investment or Owner User |
1 UNIT AVAILABLE
| Unit Size | 731 SF | Sale Type | Investment or Owner User |
| Price | $127,862 | Cap Rate | 8.60% |
| Price Per SF | $174.91 | NOI | $10,996.16 |
| Condo Use | Flex | Agency Fee | 2.50% of sale price |
| Unit Size | 731 SF |
| Price | $127,862 |
| Price Per SF | $174.91 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.60% |
| NOI | $10,996.16 |
| Agency Fee | 2.50% of sale price |
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"38200 Saint-Sorlin-de-Vienne"
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