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 enhancement.
- Unused attics offering opportunities for conversion into apartments.
- Adjacent plot with 4 outdoor parking spaces included in the sale price.

Building composition:

Basement: Cellars and technical room

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

1st floor: Restaurant space with kitchen + Apartment converted into offices for the café-restaurant

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

Attic: Currently 6 unoccupied service rooms, possibility to convert 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 improvement recommendations, including renting the outdoor parking spaces.

Key points:

- Minor renovation work can update rents.
- Converting the attics into two apartments will significantly increase yield.
- The included adjacent plot offers additional rental potential.
- Grants of CHF 120,000.- for building insulation as well as for a new pellet boiler

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

Do not hesitate to contact us for the complete file containing plans as well as additional photos, we will be happy to provide you with more information.

Contact: Kempter Ruben at see contact details