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163 Rue Victor Hugo 1,367 SF Retail Condo Unit Offered at $1,075,181 in 92270 Bois-Colombes
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Investment Highlights
- Luxury building in a sought-after residential neighborhood
- Peaceful and pleasant living environment, close to Levallois and Asnières.
- A 7-minute walk from Bois-Colombes train station (line J)
- Environment suitable for liberal professions, daycare centers, or residential use.
Executive Summary
Located on Victor Hugo Street in Bois-Colombes, this three-story residential building, constructed in 1988, features a ground floor designated for commercial use. Residents enjoy close proximity to various shops and local services. Nearby public transportation options include Colombes train station, situated 600 meters away and served by Line J. Additionally, Bus Line 167 is easily accessible, providing convenient connections to surrounding areas.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 920090000I0221 |
| Cap Rate | 5.80% |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| APN/Parcel ID | 920090000I0221 |
Description
Offer: Sale of Occupied Commercial Property – 127 m² Daycare with Garden in Bois-Colombes (92270)
Located in Bois-Colombes, in the Hauts-de-Seine (92), just a 7-minute walk from the SNCF train station, this rare opportunity involves the sale of the property rights for a commercial space currently occupied and operated as a daycare by a national group. The property is situated on the ground floor of a high-end building in a quiet and sought-after residential neighborhood.
The space offers a Carrez surface area of 127.9 m² and includes a private garden of approximately 90 m², a rare feature for this type of property. It was completely renovated in 2017 to accommodate its use as a daycare, adhering to accessibility and safety standards. The current tenant operates the space under a 3/6/9 commercial lease, which was renewed in June 2023 for another 3-year term. The annual rent excluding charges is €53,677, and the property tax is fully paid by the tenant.
Additional note: The condominium rules explicitly allow the conversion of this space into residential use without requiring authorization from the condominium, should the tenant vacate the premises.
Located in Bois-Colombes, in the Hauts-de-Seine (92), just a 7-minute walk from the SNCF train station, this rare opportunity involves the sale of the property rights for a commercial space currently occupied and operated as a daycare by a national group. The property is situated on the ground floor of a high-end building in a quiet and sought-after residential neighborhood.
The space offers a Carrez surface area of 127.9 m² and includes a private garden of approximately 90 m², a rare feature for this type of property. It was completely renovated in 2017 to accommodate its use as a daycare, adhering to accessibility and safety standards. The current tenant operates the space under a 3/6/9 commercial lease, which was renewed in June 2023 for another 3-year term. The annual rent excluding charges is €53,677, and the property tax is fully paid by the tenant.
Additional note: The condominium rules explicitly allow the conversion of this space into residential use without requiring authorization from the condominium, should the tenant vacate the premises.
Sale Notes
Area: 127.9 m² Carrez + private garden of approximately 90 m²
Sale price: €925,000
Annual rent excluding charges: €53,677
Current commercial lease 3/6/9: Renewed for 3 years starting June 15, 2023
Tenant in place: National group
Property tax: Paid by the tenant
Regulatory feature: In the event the tenant leaves, the condominium rules allow for conversion into residential housing without prior approval from the condominium.
Sale price: €925,000
Annual rent excluding charges: €53,677
Current commercial lease 3/6/9: Renewed for 3 years starting June 15, 2023
Tenant in place: National group
Property tax: Paid by the tenant
Regulatory feature: In the event the tenant leaves, the condominium rules allow for conversion into residential housing without prior approval from the condominium.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Lot 2 | 1,367 SF | Retail | $1,075,181 ($786.53/SF) | $62,391.90 |
Unit Lot 2
| Unit Size |
| 1,367 SF |
| Condo Use |
| Retail |
| Price |
| $1,075,181 ($786.53/SF) |
| NOI |
| $62,391.90 |
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Unit Lot 2
| Unit Size | 1,367 SF |
| Condo Use | Retail |
| Price | $1,075,181 ($786.53/SF) |
| NOI | $62,391.90 |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| APN/Parcel ID | 920090000I0221 |
| Description | |
| Offer: Sale of Occupied Commercial Property – 127 m² Daycare with Garden in Bois-Colombes (92270)<br> <br> Located in Bois-Colombes, in the Hauts-de-Seine (92), just a 7-minute walk from the SNCF train station, this rare opportunity involves the sale of the property rights for a commercial space currently occupied and operated as a daycare by a national group. The property is situated on the ground floor of a high-end building in a quiet and sought-after residential neighborhood.<br> <br> The space offers a Carrez surface area of 127.9 m² and includes a private garden of approximately 90 m², a rare feature for this type of property. It was completely renovated in 2017 to accommodate its use as a daycare, adhering to accessibility and safety standards. The current tenant operates the space under a 3/6/9 commercial lease, which was renewed in June 2023 for another 3-year term. The annual rent excluding charges is €53,677, and the property tax is fully paid by the tenant.<br> <br> Additional note: The condominium rules explicitly allow the conversion of this space into residential use without requiring authorization from the condominium, should the tenant vacate the premises.</li></ul> | |
| Sale Notes | |
| Area: 127.9 m² Carrez + private garden of approximately 90 m²<br> Sale price: €925,000<br> Annual rent excluding charges: €53,677<br> Current commercial lease 3/6/9: Renewed for 3 years starting June 15, 2023<br> Tenant in place: National group<br> Property tax: Paid by the tenant<br> Regulatory feature: In the event the tenant leaves, the condominium rules allow for conversion into residential housing without prior approval from the condominium.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,672 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,918 SF |
| Property Subtype | Year Built | 1987 | |
| Building Class | B | Lot Size | 0.30 AC |
| Total Building Size | 15,672 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,918 SF |
| Year Built | 1987 |
| Lot Size | 0.30 AC |
Amenities
Site Amenities
- Security System
- Trash Pickup - Curbside
- Fiber Optic Internet
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163 Rue Victor Hugo
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