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Paris 3rd district: mixed-use building at 242 rue Saint-Martin finally pre-empted

An investor was close to signing this asset
242 rue Saint-Martin (CoStar)
242 rue Saint-Martin (CoStar)
Business Immo
October 22, 2024 | 6:01 AM

Translated from French.

According to our information, the mixed-use building at 242 rue Saint-Martin, in the3rd arrondissement of Paris, recently changed hands. This 1,000 m² asset, comprising six floors of residential units and a retail base, was previously owned by Herrmann Immeubles. Its new owner is none other than the Paris City Council, which has exercised its right of pre-emption over the asset.

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