MIXED-USE YIELD PROPERTY WITH DEVELOPMENT POTENTIAL
In the heart of the charming village of Montricher, this characterful mixed-use building represents a rare opportunity for an investor or developer looking for a property offering immediate rental income and significant appreciation potential.
Built around 1850, this building benefits from a prime location in the village center and currently comprises three apartments, a commercial area, and vast attics offering particularly interesting development potential, subject to current administrative and communal authorizations. Architectural studies, several layout variations, and budget estimates have already been carried out, providing an excellent basis for reflection for a future project.
Building composition:
- 4.5-room duplex apartment of approximately 135 m², with balcony and storage room;
- 3.5-room apartment of approximately 100 m², with balcony;
- Studio of approximately 19 m², currently operated as a short-term rental;
- Commercial area of approximately 80 m², comprising two main spaces, a back room, and direct access to the basement. This space also offers potential for conversion into accommodation, subject to administrative and communal authorizations.
The basement includes a pleasant "carnotzet" (traditional cellar bar) as well as various technical rooms and storage spaces.
The raw attics of approximately 228 m² already benefit from the main technical connections, particularly electricity and water inlets and outlets, providing an excellent basis for a future development project, subject to administrative and communal authorizations.
Current rental status:
The building is currently fully utilized and includes two apartments rented on an annual basis, a rented commercial space, and a studio operated as a short-term rental.
The current annual gross rental income, excluding income from the studio operation, amounts to CHF 56,640.00
Details of leases, rents, and charges are available in the sales file.
Strengths:
- Characterful mixed-use building
- Three apartments
- Commercial area
- Studio operated for short-term rental
- Existing rental income
- Significant attic development potential
- Architectural studies already completed
- Central location in the heart of the village
- Old-world charm and generous volumes
- Ideal opportunity for an investor or developer
The building is in good general condition. Modernization work will allow the future owner to fully realize its potential while preserving the authentic character of this village building.
In the heart of the charming village of Montricher, this characterful mixed-use building represents a rare opportunity for an investor or developer looking for a property offering immediate rental income and significant appreciation potential.
Built around 1850, this building benefits from a prime location in the village center and currently comprises three apartments, a commercial area, and vast attics offering particularly interesting development potential, subject to current administrative and communal authorizations. Architectural studies, several layout variations, and budget estimates have already been carried out, providing an excellent basis for reflection for a future project.
Building composition:
- 4.5-room duplex apartment of approximately 135 m², with balcony and storage room;
- 3.5-room apartment of approximately 100 m², with balcony;
- Studio of approximately 19 m², currently operated as a short-term rental;
- Commercial area of approximately 80 m², comprising two main spaces, a back room, and direct access to the basement. This space also offers potential for conversion into accommodation, subject to administrative and communal authorizations.
The basement includes a pleasant "carnotzet" (traditional cellar bar) as well as various technical rooms and storage spaces.
The raw attics of approximately 228 m² already benefit from the main technical connections, particularly electricity and water inlets and outlets, providing an excellent basis for a future development project, subject to administrative and communal authorizations.
Current rental status:
The building is currently fully utilized and includes two apartments rented on an annual basis, a rented commercial space, and a studio operated as a short-term rental.
The current annual gross rental income, excluding income from the studio operation, amounts to CHF 56,640.00
Details of leases, rents, and charges are available in the sales file.
Strengths:
- Characterful mixed-use building
- Three apartments
- Commercial area
- Studio operated for short-term rental
- Existing rental income
- Significant attic development potential
- Architectural studies already completed
- Central location in the heart of the village
- Old-world charm and generous volumes
- Ideal opportunity for an investor or developer
The building is in good general condition. Modernization work will allow the future owner to fully realize its potential while preserving the authentic character of this village building.
