Building for sale in Immo-interactif

Property address: 7 Rue Jules Gilly 06300 NICE

INVESTMENT OPPORTUNITY TO BE SEIZED: Mixed-use building to renovate in Nice

We are pleased to present to you a spacious mixed-use building, located at 7 rue Jules Gilly, offering considerable potential.

This R+4 building of approximately 1000 square meters of floor space offers a multitude of development possibilities, ideal for meeting various commercial and residential needs.

With five cellars in the basement, three commercial premises on the ground floor, eight apartments and two attics spread across the floors, this property offers a variety of usage options.

Currently, five apartments and the three commercial premises are rented, providing an income stream for investors from the outset.

Although requiring significant renovation work, this building presents a unique opportunity to create value by reorganizing and modernizing its spaces.

Nestled in old Nice, 20 meters from Cours Saleya and 100 meters from the sea, this building benefits from a privileged location, close to amenities, public transport and local attractions.

This mixed-use building represents a rare investment opportunity in Nice, offering significant return potential for investors willing to undertake renovation work.

The prospective buyer will undertake to extend current residential leases, in accordance with the provisions of article 10-1 of the law of December 31, 1975.

Visits: By appointment.

Terms of sale: The property is presented in Immo-interactif, increasing offers:
- First possible offer : from 2,700,000 euros (negotiation fees included)
- Next increasing offers : multiples of 45,000 euros.
- Receipt of offers : from 02/05/2024 at 13:00 to 03/05/2024 at 13:24 on the website Immobilier.notaires®.

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