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Property Saint-Ouen (93)by arthaud immobilier

PropertySaint-Ouen (93)
Price :
$1,156,400
($6,931 / m²)
Surface167

Located on a corner plot of approximately 300 m², this real estate complex organized around an inner courtyard presents a rare opportunity for a value creation operation. Its configuration, volumes, and location make it an asset perfectly suited for a heavy restructuring strategy, division, or elevation (subject to urban planning permissions).



Current Configuration

Main building (R+3 + basement + attic)

• Ground floor: 48 m²

• First floor: 63 m²

• Finished basement: 50 m²

• Attic: 76 m² (development potential)

Independent house (R+1)

• 76 m² on the ground + floor (3 bedrooms in total)

Barn

• 39 m² on the ground with ~8 m height (high transformation/potential for surface creation)

Inner courtyard

• Approximately 95 m²



Development Potential

• Division into several lots (residential) with independent access facilitated by the corner plot

• Creation of additional surface area via attic development and utilizing the height of the barn

• Elevation possible (to be studied according to local urban planning regulations)

• Complete reconfiguration into several units (coliving, apartments, mixed-use product)

• Optimization of circulation through the central courtyard



Strong Points for Operator

• Corner plot: double access, high value for division assembly

• Existing built structure allowing for quick value creation without heavy demolition

• Rare multi-building typology in the area

• Immediately exploitable volumes for a transformation strategy

• Possibility of phasing the works and sales



Favorable Environment

• Neighborhood undergoing transformation with new operations nearby

• High rental and purchase demand

• Immediate proximity to transport (metro lines 13 and 14 – Mairie de Saint-Ouen)

• Dynamic employment basin (large companies, Grand Paris projects)



Possible Strategies

Real estate dealer:

• Global renovation

• Division into lots

• Resale cut with surface optimization

Developer:

• Heavy restructuring with creation of new surfaces

• Elevation/densification

• Development of a residential program (subject to urban planning)



Asset with strong valuation leverage, perfectly suited for an operator seeking a project with potential in a rapidly growing area.

Information on the risks faced by this property is available on the Géorisques website: description has been automatically translated from French.
Advertiser reference : 86894028Le Figaro Properties reference : 100755067

Its assets

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  • Outbuildings

In detail

* : Information not provided by the advertiser

Property Saint-Ouen (93)

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