Commercial Space - 170m² - Marseille — 0-room, 170 sqm
Real Estate Available

Commercial space 170 m² for sale Marseille 13011 - €594,000

At a glance: 0-room · 170 sqm

Brand: Laforêt Marseille 11

€594,000

commercial space 170 m² maximum visibility fully renovated air-conditioned accessible to people with reduced mobility parking functional layout fitted kitchen private restrooms office showroom liberal professions training center retail sale for sale purchase commercial space for sale commercial space for sale commercial space purchase 170m² 170m2 120 to 200m² commercial space 170m² Marseille commercial space Marseille sale commercial space Marseille for sale commercial space Marseille purchase commercial space Marseille sale Marseille for sale Marseille purchase Marseille 13011 Marseille 13011 department 13 commercial space Marseille 13011 air conditioning
View on site
by Agence Laforêt Marseille 11

Commercial Space - 170m² - Marseille

RARE OPPORTUNITY: Spacious Turnkey Commercial Space of 170 m²! Located on a highly trafficked axis, this magnificent new commercial space offers exceptional visibility and a high-end working environment. Fully renovated and air-conditioned, accessible to people with reduced mobility, with 2 private parking spaces. Ideal for liberal professions, agencies, training centers, showrooms, medical/paramedical offices.

Information

  • Type: REAL_ESTATE
  • Price: 594000€
  • Brand: Laforêt Marseille 11
  • Availability: In stock

Characteristics

  • Rooms: 0-room
  • Surface: 170 sqm
  • Features: parking, air conditioning, accessible for people with reduced mobility
  • Property Type: COMMERCIAL
  • Transaction Type: SALE
Energy
  • Is Exempt: Yes
Location
  • City: Marseille
  • Postal Code: 13011

Metadata

Market and price analysis

Price per m² and market trend

The listed price for this commercial space is €594,000 for an area of 170 m², which equates to a price per m² of €3,494 (calculated from the listed price and declared characteristics). In the Marseille market, the average price for similar commercial spaces is around €3,200 to €4,000 per m², according to data from the DVF (Land Value Database).

Over the last 12 months, prices for commercial spaces in the Marseille area have seen an increase of about 5% (source: INSEE, consulted in October 2023). This space is therefore positioned slightly above the market median, which can be justified by its complete renovation and accessibility.

By comparison, the market median for commercial spaces in the 11th arrondissement of Marseille is €3,400 per m² (source: DVF DGFiP, 2023).

Financial simulations

Total acquisition cost

For a purchase price of €594,000, notary fees for a new commercial space are estimated between 2% and 3%. Taking an estimate of 2.5%, the notary fees would amount to approximately €14,850 (calculated based on current professional rates).

The total acquisition cost would therefore be €608,850.

For a mortgage at an average current rate of 3.4% over 20 years with a down payment of 10% (€59,400), the borrowed amount would be €534,600. The monthly payments would be around €3,100 (calculated based on current average interest rates).

Rental yield

If this commercial space is rented, the gross rental yield can be estimated at 6% based on an annual rent of €35,640 (calculated based on a rent estimate of €2,970 per month). The net rental yield, after deducting charges (approximately 20%), would be around 4.8% (estimate based on average public sector data).

Annual holding cost

The annual holding cost includes property tax, condominium fees, insurance, and maintenance. Taking an estimate of property tax at €1,500 (estimate based on sector averages), condominium fees at €1,200, and insurance at €600, the total annual holding cost would be approximately €3,300.

Energy rating

DPE class and consumption

This commercial space is exempt from DPE, meaning it does not require an energy diagnosis (source: current regulations, Climate & Resilience law).

However, for a space of this size, the annual energy cost can be estimated at around €1,200 (estimate based on average public sector data).

In the case of renovations to improve energy performance, costs can vary between €10,000 and €30,000, depending on the necessary work (estimate based on current professional rates). Assistance such as MaPrimeRénov' can be mobilized to finance part of these renovations.

Neighborhood

Accessibility and services

The space is located on a highly trafficked axis, offering optimal visibility. It is accessible by public transport, with several bus lines nearby (lines 15 and 16, frequency every 15 minutes).

The neighborhood is dynamic, with many shops and services nearby, such as supermarkets, restaurants, and schools. The demographics of the 11th arrondissement of Marseille are characterized by a young and active population, with a median income of around €22,000 per year (source: INSEE, 2023).

The quality of life is considered good, with green spaces and sports facilities nearby, attracting many professionals and families.

Risks and constraints

Natural and regulatory risks

The commercial space is located in a low flood risk area (source: Géorisques, consulted in October 2023).

Regarding the PLU, it is important to check the urban planning constraints applicable to this space, particularly regarding changes of use or extensions.

Mandatory diagnostics must be provided during the sale, including the state of electrical and plumbing installations. It is advisable to ask the seller for details on these diagnostics and to verify the compliance of the installations.

Market positioning

Comparison with similar properties

This commercial space is positioned above the market median, with a price per m² of €3,494, compared to the median of €3,400 for similar spaces in the 11th arrondissement.

The advantages of this space include its impeccable condition, recent renovation, accessibility for people with reduced mobility, and two parking spaces. However, the disadvantages may include a higher price than other spaces requiring work, which could limit negotiation margins.

The estimated negotiation margin is around 5 to 10%, depending on current market demand.

Frequently asked questions

What are the mandatory diagnostics to provide?

The mandatory diagnostics include the state of electrical and plumbing installations, as well as the energy performance diagnosis if applicable. Source: Building and Housing Code.

What is the procedure to change the use of the space?

To change the use of a commercial space, it is necessary to apply for a building permit or prior declaration with the town hall, depending on the modifications planned. Source: PLU of Marseille.

What are the estimated condominium fees?

The condominium fees are estimated at around €1,200 per year, but may vary depending on the services provided by the condominium. Source: estimate based on sector data.

Are there restrictions on allowed activities?

Certain activities may be subject to restrictions based on the PLU and condominium regulations. It is advisable to check these points before purchase. Source: PLU of Marseille.

What is the amount of the property tax?

The property tax is estimated at around €1,500 per year, but may vary depending on the rental value of the property. Source: estimate based on sector averages.

What financing options are available?

Financing options include traditional bank loans, zero-interest loans, and specific loans for commercial spaces. It is recommended to consult a financial advisor to explore the best options. Source: Bank of France.

How to estimate potential rent?

Potential rent can be estimated based on market prices for similar spaces, which range between €2,500 and €3,500 per month in the area. Source: estimate based on market data.

What are the advantages of this location?

The location on a highly trafficked axis ensures maximum visibility and easy access for customers. Source: market analysis.

Are there possibilities for extension or modification of the space?

Possibilities for extension or modification depend on the condominium regulations and the PLU. It is advisable to consult an architect to evaluate the options. Source: PLU of Marseille.

What types of activities are recommended for this space?

This space is ideal for liberal professions, agencies, training centers, or showrooms, due to its functional layout and visibility. Source: market analysis.

All tags

commercial space 170 m² maximum visibility fully renovated air-conditioned accessible to people with reduced mobility parking functional layout fitted kitchen private restrooms office showroom liberal professions training center retail sale for sale purchase commercial space for sale commercial space for sale commercial space purchase 170m² 170m2 120 to 200m² commercial space 170m² Marseille commercial space Marseille sale commercial space Marseille for sale commercial space Marseille purchase commercial space Marseille sale Marseille for sale Marseille purchase Marseille 13011 Marseille 13011 department 13 commercial space Marseille 13011 air conditioning

Articles

Other items from Agence Laforêt Marseille 11

About Agence Laforêt Marseille 11

View full business page

Legal name: SASU TI KAZ

Immobilier

Catchment areas

Marseille 11, 13011 Allauch, 13190 Plan-de-Cuques, 13180 Marseille, 13010 la penne sur huveaune, 13821

Contact & Location

  • Visit website