31000 Toulouse 2,938 SF Office/Retail Condo Unit Offered at $951,195
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INVESTMENT HIGHLIGHTS
- High foot traffic: Located near the Saint-Cyprien district, one of the busiest neighborhoods in Toulouse.
- Transportation access: A 5-minute walk from Jean-Jaurès metro station (lines A and B).
- Proximity to landmarks: Just minutes from Place du Capitole and the Basilica of Saint-Sernin.
EXECUTIVE SUMMARY
This location is situated in a vibrant district in the heart of Toulouse, offering excellent accessibility and optimal visibility. The area benefits from a strong public transportation network, with several bus lines and a nearby metro station. It is an ideal spot for a business looking to establish itself in a professional yet lively area, surrounded by shops, restaurants, and services. Additionally, this zone boasts a pleasant atmosphere, featuring green spaces and high pedestrian traffic.
PROPERTY FACTS
| Price | $951,195 |
| Unit Size | 2,938 SF |
| No. Units | 1 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment or Owner User |
| Building Class | C |
| Floors | 7 |
| Year Built | 1970 - 1979 |
| Parking | Yes |
AMENITIES
SITE AMENITIES
- Concierge
- Video Patrol
- Key Fob Entry
- Smoke Detector
1 UNIT AVAILABLE
Unit 1
| Unit Size | 2,938 SF |
| Price | $951,195 |
| Price Per SF | $323.76 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.90% |
| NOI | $65,632.43 |
| Parking Spaces | Yes |
| Agency Fee | 5.00% of annual rent |
DESCRIPTION
This property spans two levels and offers a total area of 2,939 sq. ft. It also features an 8-meter (26-foot) storefront on the boulevard. Twelve outdoor parking spaces are included in the sale, and the space is fully equipped with modern amenities such as reversible air conditioning, double glazing, suspended ceilings, as well as both fixed and movable partitions. It is also outfitted with RJ45 cabling, fiber optic connectivity, a patch panel, and a reversible heating and cooling system. The property includes an open space along with partially partitioned offices. The entire property is accessible to individuals with reduced mobility and features private restrooms.
SALE NOTES
This office space, located in the heart of the Compans Caffarelli business district in Toulouse, is for sale at a price of €840,000 excluding VAT, with marketing fees of 5% of the sale price (excluding VAT). It boasts a strategic location, directly across from the TBS business school and on a busy thoroughfare, ensuring excellent visibility. The potential annual rent is estimated at €65,000 excluding VAT and charges, including parking, offering a potential yield of 6.9%. This property is available immediately.
CONTACT
-
Stephanie Maugard -
Fika Toulouse
