Income-Producing Building, Château-Arnoux-Saint-Auban, 20 Rooms, 800 m²

Property Description

EXCLUSIVE TO ERA VDS IMMOBILIER! CHARACTER BASTIDE WITH INCOME-PRODUCING BUILDING
Château-Arnoux-Saint-Auban
In the heart of the Alpes-de-Haute-Provence, in a privileged natural setting alongside the Barrasson River, discover this remarkable character bastide offering nearly 800 m² on a landscaped plot of 6.215 m².
Ideally located close to the A51 motorway, between Sisteron, Digne-les-Bains and Manosque, this property represents a rare opportunity for an investor seeking a property complex that offers immediate income as well as strong potential for added value.
Layout:
Residential section:The building comprises 7 two- to four-room flats, the vast majority of which are currently rented, providing approximately 375 m² of living space.
Several flats have balconies and terraces, together offering nearly 300 m² of private outdoor space.
Estimated current rental income: approximately €32,000–€38,000 per year, depending on occupancy.
Commercial section:The ground floor includes more than 360 m² of commercial premises with several separate areas, a 32 m² garage and a cellar.
Part of the premises is currently occupied by an architecture firm, while the property as a whole offers genuine potential for conversion and subdivision.
Potential rental income from the commercial premises: approximately €20,000–€30,000 per year, depending on the chosen use and any fit-out work.

Remarkable potential for development:
Subdivision of the commercial premises into several units.
Conversion of the attic to create or enlarge flats.
Utility connections are already in place, facilitating future works.
Optimise rental returns while enhancing the property's value.

Highlights:
6.215 m² plot alongside a riverPeaceful, wooded surroundingsLarge private parking area and garageExisting rental incomeNumerous possibilities for further developmentQuick access to the A51
Further information
Building energy rating: E
Energy audit available
Current rental income (residential): approximately €38,000 per year
Estimated total rental potential after optimisation: between €73,000 and €80,000 per year, excluding the possible creation of additional living space in the attic.
Asking price: €699,000
A rare property on the market, ideal for an investor, property company or property trader seeking a heritage asset that offers immediate income and potential to create value in the medium and long term.
Full property file, rental information, energy audit and further details available on request from your adviser, Nicolas POINT at ERA VDS Immobilier.
Discover our houses for sale in the 04 and 05 departments in Sisteron, Château-Arnoux-Saint-Auban, Monfort, Malijai, Peipin, Aubignosc, Ribiers, Les Mées, Peyruis, Volonne, L'Escale, Mison, Le Poët, Laragne, Thèze, Noyer-sur-Jabron, Mallefougasse, Cruis, Châteauneuf-Val-Saint-Donat, Sourribes, Salignac... sales, purchases, rentals and property management. Nicolas POINT (EI), Sales Agent – RSAC number: 523177459.