High-Yield Investment Opportunity – Leased Commercial Space + Residential Potential
We are offering a real estate investment package consisting of a currently leased commercial space and additional areas with strong potential for residential development. This property represents a rare opportunity, combining secure immediate returns with medium-term value creation. The commercial space, fully renovated and well-maintained, generates stable rental income, while the additional areas, currently in raw condition, offer the possibility of being converted into residential units 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
- Restroom: 1.64 m²
- Storage: 32 m²
- Current Rent: €790 excl. tax and charges/month
- Charges: €48/month
- Property Tax: €612/year, fully paid by the tenant (lease clause)
- Heating via reversible heat pump
- Fully renovated, compliant with regulations, excellent overall condition, established business with strong performance
**Additional Areas:** 80 m² divided into three units
- Unit 1: 27 m²
- Unit 2: 15 m²
- Unit 3: 38 m², 6m ceiling height, potential for two levels
- Raw condition, high development potential
- Units already defined in the condominium regulations
- Condominium approval obtained for conversion to residential use
- Independent access through common areas, separate from the commercial space
**Profitability Analysis and Investor Potential**
Based on a sale price of €110,000 for the commercial space, the annual rent of €9,480 excl. tax provides a gross yield of 8.6% (with property tax and 80% of condominium charges paid by the tenant).
In addition, there is significant value-creation potential through the renovation of the 80 m² additional areas, which are already legally divided and approved for residential use, allowing for the development of substantial additional rental income.
This property is ideal for an investor seeking both secure immediate returns and a long-term asset appreciation strategy, with significant growth potential.
**Contact Information**
Sébastien Germond
RSAC 850 546 318
sebastien.germond@cesaretbrutus.com
+33 6 44 10 32 61
Ref: SG-9237
**Additional Information**
- Fees paid by the seller.
- Part of a condominium with 8 units. Average annual budget share: €700.
- No ongoing legal proceedings.
- Energy Rating: C, Climate Rating: B.
- Information on risks associated with this property is available on the Géorisques website: georisques.gouv.fr.
