Residential building for sale - 1920 Martigny

Located in the heart of the city of Martigny, in a pedestrian street, this building benefits from a prestigious environment recently revitalized by the municipality of Martigny.

Main features:

- Fully rented building with potential for expansion and upgrading.
- Unexploited attic offering opportunities for conversion into apartments.
- Adjacent plot with 4 outdoor parking spaces included in the sale price.

Composition of the building:

Basement: Cellars and technical room

Ground floor: Renowned café-restaurant + Sewing workshop with window display

1st floor: Restaurant area with kitchen + Apartment fitted out as offices for the café-restaurant

2nd floor: 2.5-room apartment + 3.5-room apartment

Attic: Currently 6 unoccupied service rooms, possibility of transforming into 2 apartments of 40 m2 and 60 m2 to increase the overall yield of the building.

Annex: 4 outdoor parking spaces currently not rented. Note that the outdoor parking spaces have never been rented.

Figures:

Current NET rental income: CHF 50'040.- per year

Projected rental income: Potential of CHF 104'760.- per year, following the improvement recommendations, including the rental of the outdoor parking spaces.

Key points:

- Minor renovation work can update the rents.
- The conversion of the attic into two apartments will considerably increase the yield.
- The included adjacent plot offers additional rental potential.
- Subsidies of CHF 120'000.- for building insulation and a new pellet boiler

This investment opportunity offers a unique combination of current stable income and strong growth potential.

Do not hesitate to contact us to obtain the complete file containing the plans and additional photos, we will be happy to give you more information.

Contact: Kempter Ruben at see contact details