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Property Paris 10ᵗʰ (75)by checkmyguest

PropertyParis 10ᵗʰ (75)
Price :
$5,354,900
($17,850 / m²)
Surface300

We are offering for sale a commercial space of approximately 285 m2 under the Carrez law (approximately 300 m2 in total) located on the entire 1st floor of a Parisian building, currently operated as para-hotel accommodation.
Administrative situation
The property benefits from an agreement with the City of Paris, cleared of any appeals, for transformation into hotel accommodation, obtained through prior declaration.
The activity has been operated since 2023 with stable operating performance.
Configuration
The space has been completely restructured and renovated, then subdivided into 5 independent apartments, totaling 30 sleeping places:
1 T2 apartment 40 m2 4 sleeping places
3 T3 apartments 60 m2 each 6 sleeping places per unit
1 T4 apartment 70 m2 8 sleeping places
Each unit benefits from:
Fully integrated air conditioning
Custom furniture
Optimized spaces for para-hotel operation
Recent complete renovation
The works were designed to optimize volumes, circulation, and rental operation, allowing for immediate operation without additional investment.
Operating performance
Average occupancy rate: 81%
Annual Pay-Out: approximately 320,000 EUR
Stable operation since 2023
Location
Strategic location in a very dynamic area of Paris:
5 minutes from Gare du Nord (transport)
10 minutes from Gare de l'Est
5 minutes by bike from République
Sought-after district, benefiting from strong tourist and professional demand.
A turnkey investment product
This property constitutes a rare investment product, combining:
Commercial status
Administrative authorization obtained
Existing revenues
Ideal for an investor wishing for a Parisian asset with immediate yield and operational exploitation.
Advertiser reference : 92Le Figaro Properties reference : 99061735

Its assets

  • Elevator
  • Air conditioning
  • Handicapped Accessible

In detail

* : Information not provided by the advertiser

Property Paris 10ᵗʰ (75)

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