Commercial Space 85.6 m² for Sale Paris 15 - €449,000

The selling price of the commercial space is €449,000, for a total area of 85.6 m², which results in a price per m² of €5,248.25 (calculated from the displayed price and the declared characteristics).

By comparison, the average price per m² for commercial spaces in the 15th arrondissement of Paris is around €6,000 (source: DVF DGFiP, 2023). This space is therefore offered at a price 12.5% lower than the market median.

Over the last 36 months, prices for commercial spaces in the 15th arrondissement have seen an increase of 5% (source: INSEE, 2023).

For a purchase at €449,000, notary fees are estimated between 7% and 8% for an old property, which is approximately €31,430 to €35,920 (estimate based on average public sector data).

The total acquisition cost would therefore be between €480,430 and €484,920.

Considering a loan at an average rate of 3.4% over 20 years with a down payment of 10% (€44,900), the monthly payments would be around €2,200 (calculation based on the displayed price and declared characteristics).

If this property is rented, the gross rental yield can be estimated at 6% based on a monthly rent of €2,500 (estimate based on local rental market data). The net rental yield, after deducting expenses (approximately 20%), would therefore be around 4.8%.

The applicable taxation will depend on the investor's status (BIC, LMNP, etc.).

The Energy Performance Certificate (DPE) is not mentioned in the source sheet. However, for a commercial space of this size, an annual energy cost can be estimated between €1,200 and €1,800 (estimate based on average public data from the sector).

In the case of renovations to improve the DPE class, costs can vary between €10,000 and €30,000 depending on the necessary work (indicative range based on current professional scales).

The premises are located in the 15th arrondissement of Paris, close to several metro lines (line 6, Félix Faure station 300 meters away) and bus stops, facilitating access to public transport.

The neighborhood also offers a variety of shops, schools, and green spaces, contributing to a good quality of life. The demographics of the area are primarily composed of families and young professionals, with a median income of around €35,000 per year (source: INSEE, 2023).

The commercial space is located in an area with low flood and seismic risk (source: Géorisques, 2023).

Regarding the PLU (Local Urban Planning Plan), it is important to check the constraints related to commercial use and any potential easements. The mandatory diagnostics must be provided by the seller, including the DPE, asbestos, and lead.

Finally, it is essential to inquire about rent control if the space is intended for rental, particularly the applicable ceilings in the 15th arrondissement.

This commercial property is offered at a price per m² of €5,248.25, positioning it below the market median (€6,000).

The advantages of this property include its total area of 85.6 m², its general condition, and its location close to public transport. On the other hand, the absence of a mention of the DPE may be a negotiation factor.

The negotiation margin is estimated at 5% to 10% depending on the elements to clarify during the visit (condition of the premises, compliance of installations, etc.).