Income-Producing Building, Château-Arnoux-Saint-Auban, 20 Rooms, 800 m²

Property Description

EXCLUSIVE TO ERA VDS IMMOBILIER! CHARACTER PROPERTY WITH INCOME-PRODUCING BUILDING
Château-Arnoux-Saint-Auban
In the heart of the Alpes-de-Haute-Provence, in a privileged natural setting beside the Barrasson River, discover this remarkable character property extending to nearly 800 m², set on a tree-lined plot of 6,215 m².
Ideally located close to the A51 motorway, between Sisteron, Digne-les-Bains and Manosque, this property represents a rare opportunity for an investor seeking to acquire a real-estate complex offering immediate income as well as strong potential for appreciation.

Layout:
Residential section:The building comprises 7 two- to four-room flats, the vast majority of which are currently rented, with approximately 375 m² of living space in total.
Several flats have balconies and terraces, representing nearly 300 m² of private outdoor space.
Estimated current rental income: approximately €32,000–€38,000 per year, depending on occupancy.
Commercial section:The ground floor includes more than 360 m² of commercial premises with several separate spaces, a 32 m² garage and a cellar.
Part of the premises is currently occupied by an architecture practice, while the property as a whole offers genuine potential for layout changes and subdivision.
Potential rental income from the commercial premises: approximately €20,000–€30,000 per year, depending on the intended use and any work carried out.

Significant potential for further development:
Subdivision of the commercial premises into several units.
Conversion of the attic to create or enlarge living accommodation.
Utility connections are already in place, facilitating future work.
Optimise rental returns while enhancing the value of the property.

Key features:
6,215 m² plot beside a riverQuiet, wooded surroundingsLarge private car park and garageExisting rental incomeNumerous possibilities for further developmentQuick access to the A51
Further information
Building energy rating: E
Energy audit available
Current rental income (residential): approximately €38,000 per year
Estimated total rental potential after optimisation: between €73,000 and €80,000 per year, excluding any new floor area that may be created in the attic.
Asking price: €699,000
A rare property on the market, ideal for an investor, property company or property trader seeking an asset that generates immediate income and offers potential to create value over the medium and long term.
Full file, rental details, energy audit and further information available on request from your advisor, Nicolas POINT, ERA VDS Immobilier.
Discover our houses for sale in departments 04 and 05 in Sisteron, Château-Arnoux-Saint-Auban, Monfort, Malijai, Peipin, Aubignosc, Ribiers, Les Mées, Peyruis, Volonne, L’Escale, Mison, Le Poët, Laragne, Thèze, Noyer-sur-Jabron, Mallefougasse, Cruis, Châteauneuf-Val-Saint-Donat, Sourribes, Salignac and more. Property sales, purchases, rentals and management. Nicolas POINT (EI), Commercial Agent – RSAC number: 523177459 –.