Mixed-use building for sale - 1227 Carouge GE

To seize - Unique opportunity in old Carouge
Built in the 18th century on the orders of the King of Sardinia to compete with Geneva, the City of Carouge is now a charming town where it is good to live and offers a multitude of modern, efficient, and accessible services for everyone. This small historic town enchants with its Mediterranean charm and is known for its unique architecture, picturesque squares, and streets lined with shops and restaurants. Today, this part of the city of Geneva is considered one of the most popular and trendy neighborhoods in the Canton.


This building is located on a street that benefits from a prime location as this street has been redesigned without cars, offering a new way to experience the city imbued with a festive and friendly spirit unique to Carouge. With more pleasant access from the Rue du Pont-Neuf, it rebalances mobility in the city center by promoting soft mobility. It also addresses climate challenges with a light-colored pavement that reduces solar radiation absorption and noise.


The building, constructed in 1840, is located in close proximity to public transport and all usual amenities (e.g., shops, schools, primary, secondary, banks, restaurants, etc.). Its gross yield is 3.75%, while its net yield is 3.55%.

The property consists of a basement including cellars and storage, a ground floor with two commercial arcades, and 3 floors composed of housing.