Commerce in Sierre

Located in the Ile Falcon industrial area, close to Sierre's axes, this metal building constructed in 2003 is now in its raw state. It is being sold with an already authorized transformation project. The project includes: peripheral insulation, interior rearrangement on two levels (spaces for small craftsmen and production, office open-space on the upper floor), an industrial elevator, and a self-service washing station.
These works are to be carried out by the buyer, who remains free to choose their contractors (project free of architect and construction manager mandate).

Strategic location in one of the main economic areas of central Valais, on an axis in full development, just a few minutes from the highway exit and Sierre train station.
Authorized transformation project
The current permit provides for the complete reorganization of the surfaces with the creation of:

• 7 large storage spaces on the ground floor
• 2 large storage spaces on the upper floor
• 1 vast office open-space

This configuration allows for great flexibility in operation as well as diversification of tenants, contributing to the security of rental income.
Attractive rental potential
The project develops approximately 2'200 m² of rental surfaces.
Based on an estimated market rent of CHF 140.-/m²/year, as well as additional income from parking spaces of about CHF 25'000.- per year, the projected annual rental income without charges is approximately CHF 350'000.-.

With an estimated total investment cost of about CHF 4.6 million, including acquisition and transformation work, the projected net yield without charges is approximately 7.6%, a particularly attractive level for this type of real estate.
Sales conditions
Sales price: CHF 3'500'000.-
The price includes the entire property as well as the current building permit, allowing for the immediate implementation of the transformation project.

Visit only in the presence and/or with the prior agreement of Coldwell Banker Swiss Riviera. No documents can be transmitted to third parties without authorization.