23 Rue Dauphine

861 SF Retail Condo Unit Offered at $1,360,781 in 75006 Paris

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INVESTMENT HIGHLIGHTS

  • Excellent accessibility to public transport
  • The surrounding neighborhood is renowned for its lively ambiance.

EXECUTIVE SUMMARY

Located in the 6? arrondissement of Paris, this building consists of a commercial ground floor occupied by a tea room, as well as six floors for residential use. The building has excellent accessibility to public transport. The Odéon metro station (lines 4 and 10) is about a 5-minute walk away, offering a quick connection to other areas of Paris. Several bus lines also serve the area, with a stop in the immediate vicinity, facilitating urban travel. The surrounding neighborhood is renowned for its lively atmosphere, shops, restaurants, and proximity to iconic sites such as Pont Neuf and the Saint-Germain-des-Prés district, making this location a popular location for residents and retailers alike.

PROPERTY FACTS

Price $1,360,781
Unit Size 861 SF
No. Units 1
Total Building Size 6,781 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class C
Floors 7
Typical Floor Size 969 SF
Year Built 1850
Tenancy Single
Lot Size 0.02 AC

ENERGY

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Energy performance diagnosis (EPD)

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Consumption (primary energy): Unavailable

Greenhouse gas (GHG) emission index

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Emissions: Unavailable

Geohazards

Information about risks relating to this property can be found at https://www.georisques.gouv.fr/.

1 UNIT AVAILABLE

Unit Size 861 SF
Price $1,360,781
Price Per SF $1,580.47
Condo Use Retail
Sale Type Investment
Cap Rate 5.56%
NOI $75,637.66
Agency Fee $68,039
DESCRIPTION

Condominium fees: 1? 800€ EXCL. VAT
Property tax payable by the current tenant: 1? 720 €/year

SALE NOTES

Located in the heart of Dauphine Street, in the 6? arrondissement of Paris, this exceptional location on a very busy commercial axis offers a rare opportunity.
The shop walls, currently occupied by a tea room, have an area of 55 m² on the ground floor, complemented by a 25 m² basement accessible by an internal staircase. The room benefits from a ceiling height of 3 meters, a large window offering excellent visibility, as well as equipment such as a cold room, air conditioning and storage space.
With a facade length of 10 meters, the room is also equipped with an alarm, a metal curtain and a video surveillance system for optimal security.
A 3/6/9 commercial lease is in place, generating an annual rent excluding charges and taxes of 73,000 euros. The tenant, serious and stable, operates a flourishing business, making this investment a safe and attractive choice in one of the most popular neighborhoods in Paris.

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  • Listing ID: 34437779

  • Date on Market: 1/10/2025

  • Last Updated:

  • Address: 23 Rue Dauphine, 75006 Paris