Rental income building with café-restaurant, studios, and parking. Gross yield 6.3%
Martigny commune - Café-restaurant with studios and apartments very well located. Gross yield of 7.6% and 10% Located in a passage area in the Martigny commune, in the Valais canton, this café-restaurant with studios and rental apartments offers an exceptional potential for commercial, tourist, or rental exploitation. It stands on a plot of over 1100 m2, including parking, garden, and building, which can still be expanded.Some studios require some renovation work to bring them up to date, but the building already has a solid structure, beautiful spaces, and a functional layout that allows for various uses.Composition of the premises:Lower level: • Storage rooms • Boiler room • Cellars • Cold storage rooms • WC Ground floor: • A café with 50 seats and a bar • A restaurant with a pizza oven for 50 people • Fully equipped professional kitchen • Beautiful terrace with 40 seats Floors: • 8 fully equipped studios offering interesting rental income • 1 apartment with 6.5 rooms, fully equipped Exterior: • Total plot of approximately 1100 m2, including: • Large parking lot • Vegetable garden This property represents a unique opportunity for an investor or a professional looking to develop a reception area in a very busy location.Notes: • The building was built in the 1900s but has undergone significant transformations in 1989 and more recently: • The facades were renovated in 2023 • Windows were replaced in 2022 • Roof insulation in 2016 • Cold storage rooms renovated in 2014 • Oil heating • 5 studios have been completely renovated and equipped with washing machines • All furniture is included in the offer • Current monthly rental income of 11'400.-, which corresponds to a gross yield of 6.3%. These monthly income can be easily increased to 18'000.-, which corresponds to a projected gross yield of 10%.All studios, apartments, and the restaurant are currently rented. Do not hesitate to contact me for any information or visit at 077 405 02 36AND IF YOU WANTED TO CHANGE THE AIR?....