Investment property with development potential

Riaz
Commercial building • ref: Riaz - Immeuble
Price on demand
Located in the heart of Riaz, this building, located on a plot of 972 m2 in the village center area, is composed as follows:

- 2x - 3.5 pieces
- 1x - 3 pieces
- 1x - 4.5 pieces
- 1x - 2.5 pieces
- 1x - administrative area
- 6 garages
- 8 outdoor parking spaces

The net annual rental income is CHF 103,560. The gross annual rental income is CHF 114,900

The heating system is connected to the DAC. The building is sound and in good general condition. There is no perimeter insulation, the kitchens are not of the latest generation and the windows are double glazed.

It is important to point out the development potential of this plot. As the building is located on the left side of the plot, the right part could be developed.

The building is located on a major traffic axis. Noise pollution is well felt outside. However, once inside, the noise is very low. The situation is known and will not change. For the development of the right-hand side, this problem will be mitigated by the increase in distance and also by an architectural design of the new building studied in an intelligent way.

The Commune

Riaz is a village in Fribourg located in Gruyère, at the foot of the Fribourg Prealps, right next to Bulle, the capital of the district.

The village is experiencing significant development due to its central location. Close to major roads and with a good public transport network, Riaz also offers nature lovers large green spaces in the Monts de Riaz sector, a vast green area located to the west of the town.

The stream that runs through the village is called "La Sionge". In the centre of the village, traditional village houses whose character has been skilfully preserved line this stream. The village has been expanded with several new districts. Riaz currently has more than 2,780 inhabitants.

A very dynamic village, Riaz is fortunate to have many local companies that are very involved.

A village where life is good

Surfaces

Total972 m²

Riaz

The agent has not provided the exact address for this property. You can request it here.
TypeBuilding
Construction year1936
Renovation year1975