Juan les pins, duplex with shop and flat

Located in the Vilmorin district of Juan-les-Pins, on a busy thoroughfare lined with shops, we are offering a property spanning two levels within a small co-ownership building (comprising only 4 units). The property includes a one-bedroom apartment (two-room unit) on the upper floor and the premises of a commercial space on the ground floor. The unit consists of a 38 m² apartment and a 44 m² commercial space, totaling 82 m². Features include a large 5.5-meter storefront window, a ground-floor kitchen, the option for exterior signage, and a metal security shutter. It is ideally suited for a decor boutique, office, dry cleaner, etc. Please note that the co-ownership regulations prohibit activities that generate noise disturbances or odors. The commercial space may be converted into a residential unit (as permitted by the co-ownership regulations). This is an excellent opportunity for an investor, offering a strong rental yield; the building’s façade has been renovated, and the roof is new, covered by a ten-year structural warranty.
The upper floor features PVC double-glazed windows with electric roller shutters. The property is pre-wired for fiber-optic internet, and the installation of air conditioning is possible.
There is potential to convert the space into a duplex apartment with three or more rooms.
An adjacent 80 m² unit—also comprising a commercial space and a one-bedroom apartment—is available for sale; the two units could be combined to create a total area of ​​162 m². The electrical system has been updated. Access to the upper-floor apartment is via the ground-floor commercial space. Estimated annual energy costs for the residential portion range between €3,264 and €4,416 (based on average energy prices as of 2023, including subscription costs).
The property is situated near the train station, with bus links to the airport and the Sophia Antipolis business park. It is within walking distance of local shops and the beach. The unit is in good condition and is fully electric. Co-ownership charges are very low at €120 per year per unit; the building includes a crawl space. Agency fees are to be paid by the seller. Information regarding the risks to which this property is exposed is available at georisques.gouv.fr. Parking spaces or garages are available for rent in the neighborhood

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