UNESCO Building with Rental Income (potential for extension and 5.77% gross yield)
2400 Le Locle
Last checked 44 minutes ago 3 days on the market
Purchase price
CHF 3’200’000.–
At a glance
- Available from
- Immediately
- Property type
- Retail space
- Year built
- 1905
- Last renovation
- 2010
- Floors
- 5
- Last renovated
- 2010
- Shops
- 1'145 m
- Secondary school
- 2'089 m
- Kindergarten
- 10'911 m
- Primary school
- 1'097 m
- Public transport
- 147 m
Equipment
Taxes per year
Description
IMMEUBLE DE RENDEMENT - 2400 LE LOCLE A solid asset in the heart of the Watch Valley Rare opportunity to acquire a UNESCO-registered building with character, built in 1905 and fully renovated over the past decades. Ideal for private investors seeking a tangible asset, immediate rental income, and concrete potential for appreciation. The property in numbers Asking price: CHF 3,200,000 Current rental income: CHF 156,480 / year Current gross yield: 4.89% Potential gross yield (fully let): 5.77% Insurance value (building + garages): CHF 4,400,000+ First-rate tenants from day one Monthly income from established and recognized tenants: CHF 13,040 Immediate potential for appreciation: +CHF 28,000/year Two levels are currently vacant and offer a direct opportunity to improve the yield: 2nd floor + attic Once these areas are rented out: the gross yield would increase to 5.77% - CHF 185,000 Potential for development and construction The 1,649 m² plot offers significant development opportunities that go beyond the existing building: New building on the east side - in place of the current garages, the plot and configuration allow for the construction of a new building with 250 m² of floor space and 14 m in height, for industrial or residential use, with the possibility of an underground garage. Such a project represents an important lever for value creation for the investor in the medium term. Conversion of the attic into lofts - existing plans (architectural variant) illustrate the creation of two lofts with approximately 68 m² in the attic (height under the roof 3.20 m, height under the rafters 1.80 m). External elevator - installation possible on the west side, making the floors fully accessible and significantly increasing their rental value. CAPEX Roof and windows completely replaced in 2009 Facades renovated in 2010 Offices and sanitary facilities renovated in 2018 Fire alarm system and surveillance cameras installed The property Plot area: 1,649 m² (plot no. 3977, Le Locle) Total usable floor area of the building: approximately 1,590 m², spread over 5 levels Zone of use: Mixed zone (commercial + residential) Classified as RACN 2nd category - typical and picturesque building Replacement value (ECAP): CHF 4,165,589 Contact us for more information.
About the location
No information available
Location & surroundings
- Bus Gare/Centre Ville 182 m
- Bus Gare/Centre Ville 184 m
- Bus Gare/Centre Ville 186 m
- Bus Gare/Centre Ville 188 m
CHF 3’200’000.–
2400 Le Locle
