Nice, Provence-Alpes-Côte d'Azur 06300

Nice Garibaldi / Place du pin : On Place du Pin, in the heart of the sought-after Garibaldi district, this characterful Nice building boasts an exceptional location in a lively, sought-after urban environment, within easy reach of the tramway, shops, port, beaches and all the amenities of central Nice. Built in the purest tradition of Nice architecture, the building has a basement, first floor and four upper floors, and is in good general condition. It is equipped with an elevator serving all floors, a rare feature for this type of old building. The complex comprises residential and commercial lots, offering real rental stability. On the first floor, three commercial premises totalling 125 m² benefit from excellent visibility on the Place du Pin and are occupied under commercial leases. The upper floors house eight apartments, divided into four 3-room and four 4-room units, for a total living area of around 538 m². One apartment is currently vacant and can be viewed, providing immediate leverage for value enhancement. The apartments feature generous volumes, ceiling heights typical of older buildings, plenty of natural light and, in some cases, one or more balconies. The apartments are either in good condition or in need of renovation, making it possible to gradually increase the value of the assets. All benefit from functional features such as double glazing, individual heating and hot water production (gas or electricity), elevator, and rational layouts suitable for long-term rental. The building has eight basement cellars. This building represents a rare asset-ownership opportunity, combining strategic location, building quality, mixed-use and medium- to long-term development potential, in one of Nice's most dynamic and sought-after sectors. Full file and additional information available on request. Fees included at seller's expense. Information on the risks to which this property is exposed is available on the Géorisques website: georisques.gouv.fr.