Business park for sale in Paris 13E Arrondissement, Paris, Île-De-France

Just added
£268,825 (€320,000 (€457.37/sq. ft) )
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Business park for sale

65 sq. m*

Property features

  • 0-2 km to amenities
  • 50 km or less to airport
  • Electricity on site
  • Good condition
  • City property
  • Business potential
  • 0-2km to amenities
  • 50km or less to airport

Property description

The Space is Distributed as Follows:

Lot No. 1:
- Ground Floor: To the right of the building entrance: Restaurant with dining area and kitchen, entrance through the building's vestibule.
- Basement: Includes WC, storage room, changing room, hallway, and 1812/10000th of the general common areas.

The Building

The building, dating from 1920, is in good condition and regularly maintained. Access to the common areas is through a single-leaf wooden door with a digital code, leading to an entrance hall with wall-mounted mailboxes. The studied unit has its own private entrance via a single-leaf wooden door.

Exposition
- North of rue de Tolbiac

General and Individual Installations

- Water/Electricity
- Heating: Electric convectors (individual system)
- Natural Ventilation: Via duct
- Hot Water: Individual electric water heater
- Specific Fittings: Adapted for commercial use
- Digital Code Access

Commercial Properties in Paris

The commercial property market in Paris is very specific. Purchases are either made by users, with the price depending on their financial capacity and the suitability of the property for their business, or by investors interested mainly in occupied properties providing a more or less secure income. In the latter case, the evaluation is done by applying a yield or capitalization rate to the actual or potential income generated by the property. This rate varies based on the quality of the asset, the functionality and modularity of the space, and the potential for reconversion or value enhancement if the current tenant leaves. It also depends on the conditions of the ongoing lease, including the tenant's quality, the main clauses of the lease, the rent level, and the financial context (interest rates).

In addition to location, which is always the predominant factor for a brand's establishment, the size of the property, the ground floor area, circulation, visibility, and the frontage are also crucial in choosing a location. In Paris, excluding periods disrupted by the current economic crisis, the market rental value per square meter for weighted boutique space is currently around €300 to €400 ht/hc/m2/year for "small" commercial situations (secondary and low-traffic streets, poor visibility), around €500/m2 weighted/year for local commercial streets, and between €500 and €3,000/m2 weighted/year for renowned streets or those with good local commercial appeal. Much higher values can be observed for prestigious addresses (No. 1 axes) or in the case of preference values. These are particularly seen for national or international brands wanting to establish in specific sectors and willing to pay much higher rents than local shopkeepers or artisans. Investors are consistently attracted to the most high-quality properties in the best locations, especially on the No. 1 axes.

Paris XIII - A Walk Through Innovation

In the southeastern part of Paris along the Seine, the 13th arrondissement proudly unveils an ultra-modern district known as "Paris Rive Gauche." This new suburb, combining architectural feats (Le Corbusier's Cité du Refuge...), rehabilitated factories (Les Grands Moulins de Paris...), and digital technologies (Station F...), emerged from a large-scale urban planning operation aimed at redeveloping former industrial land. Encircled by the river, the railways from Gare d'Austerlitz, and Avenue de France, Paris Rive Gauche is a playground for ambitious architectural projects that give the 13th arrondissement a whole new profile. It is home to prestigious engineering schools such as Arts et Métiers and Télécom ParisTech. The area is close to the Butte aux Cailles with its cobblestone streets, numerous restaurants, cafes, and nightlife, preserving a village-like atmosphere within Paris, the bustling Chinatown with its Chinese New Year celebrations, the Gobelins Manufactory, and the modern Place d’Italie.

Property info

Property location is approximate. Please contact the agent for further details.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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