Located on a corner plot of about 300 m², this real estate ensemble organized around an interior courtyard represents a rare opportunity for value creation. Its configuration, volumes, and location make it a perfectly suited asset for a strategy of heavy restructuring, subdivision, or elevation (subject to planning permissions).

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Current configuration
Main building (R+3 + basement + attic)
• Ground floor: 48 m²
• 1st floor: 63 m²
• Basement: 50 m²
• Attic: 76 m² (development potential)
Independent house (R+1)
• 76 m² on the ground plus floor (3 bedrooms in total)
Barn
• 39 m² on the ground with ~8 m height (strong potential for transformation / surface creation)
Courtyard
• About 95 m²

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Development potential
• Division into several lots (residential) with independent access facilitated by the corner parcel
• Additional surface creation via attic development and exploitation of the barn height
• Elevation possible (to study according to PLU)
• Full reconfiguration into several units (coliving, apartments, mixed product)
• Optimization of circulation thanks to the central courtyard

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Strengths for operator
• Corner plot: dual access, high value for a division arrangement
• Existing building enabling rapid value creation without major demolition
• Rare multi-building typology in the area
• Immediately exploitable volumes for a transformation strategy
• Possibility of phasing works and sales

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Favorable environment
• Neighborhood undergoing change with new developments nearby
• High rental and purchase demand
• Immediate proximity to transportation (Metro lines 13 and 14 – Saint-Ouen Town Hall)
• Dynamic employment hub (major groups, Grand Paris projects)

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Possible strategies

Property trader:
• Global renovation
• Division into lots
• Sell-by-dividing with surface optimization

Developer:
• Heavy restructuring with creation of new surfaces
• Elevation / densification
• Development of a residential program (subject to urban planning)

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Asset with strong value-creation leverage, perfectly suited for an operator seeking a high-potential project in a growing area.

Risk information for this property is available on the Géorisques site: