Building 600 M² 3 Floor(s)

Mixed-use residential and commercial building in single ownership of approximately 600 m² located in the Porte de Paris – Basilique district in Saint-Denis, in immediate proximity to Paris. The area benefits from excellent rental attractiveness due to its direct access via metro line 13 (stations Saint-Denis – Porte de Paris and Basilique de Saint-Denis), RER D Saint-Denis station, as well as numerous roadways quickly connecting to the capital and the economic hubs of northern Paris.
The building includes thirteen units consisting of five studios and eight two-room apartments, as well as two commercial lots including a restaurant of approximately 177 m² with a cellar and an independent shop. The asset is mostly renovated, with only one unit remaining to be refreshed.
The rental situation is secured. The entire property is nearly fully rented, except for one lot currently occupied by the owner for office use and one unit undergoing renovations, allowing for short-term rental. The indicated rents are expressed inclusive of charges, providing a clear and direct view of the total income.
The building presents several optimization levers. The complete re-rental will immediately increase revenues. A gradual rent revaluation is feasible in the medium term. The restaurant’s rooftop terrace also offers the possibility of creating an additional unit of approximately 50 m², subject to the necessary permits, enhancing the potential for value creation.
This mixed-use asset constitutes a rare heritage product, offering immediate income, risk pooling, and strong appreciation potential in a high-demand area, ideal for an investor seeking stability, yield, and growth prospects.
Annual rent inclusive of charges: 127,000 euros. Sale price borne by the buyer including fees of 1,625,000 euros.
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/