"Mendrisio – Commercial building with a yield of 4.75%"

We are offering for sale a commercial building in a strategic location in the center of Mendrisio, just a few steps from the main shopping centers, including FoxTown, and in the immediate vicinity of the highway exit.

Characteristics of the property

The property is situated on a plot of 449 m² and has a gross floor area of 1’338 m², divided into six above-ground floors of approximately 223 m² each and two basement floors.

The basement floors include cellars, storage rooms, warehouses, laundry room, technical room, and additional service areas. The ground floor also features several parking spaces.

The building was completely renovated in 2017 and offers versatile spaces, suitable for various commercial and professional activities.

Yield and investment conditions

The property is fully rented with long-term contracts and guarantees a net annual income of CHF 185’250.–, equivalent to a yield of 4.75% on the total investment.

The purchase requires an equity capital of CHF 1’140’000.–, taking into account the active mortgage of CHF 2’760’000.– with an interest rate of 1.53% until 25.09.2028.

Considering the annual mortgage costs, amounting to CHF 42’228.– until the same date, the yield on the invested equity capital reaches 12.5%.

An interesting real estate investment

An interesting opportunity for investors looking for a already rented commercial property with consolidated income, long-term rental contracts, and a strategic location in the heart of Mendrisio.