OFF-MARKET OPPORTUNITY: REUSE POTENTIAL & AREA MAXIMIZATION

Urban development project with mezzanine potential

For sale is not just an existing space of 250 m², but an attractive development opportunity with potential to expand to up to 330 m².

The flexibility in the project design and several realistic exit scenarios enable a balanced combination of calculable risk and above-average return prospects.

Ideal for investors and project developers with a focus on value appreciation.

In the heart of Fribourg, just a 3-minute walk from the SBB train station, we present an exclusive off-market property with exceptional potential for value appreciation. This property offers the rare opportunity to convert an existing commercial space into exclusive, urban living space (loft style) or a high-quality mixed use.

The heart of this opportunity is the impressive room volume with a ceiling height of 6 meters. This volume allows for the installation of an additional mezzanine level of approx. 75 - 80 m², increasing the total usable area to an impressive 330 m².

This project is aimed specifically at:

• Project developers and investors with a focus on conversions (commercial-to-residential).
• Architects and general contractors for the realization of high-end lofts.
• Strategic buyers who want to benefit from the central location and the massive expansion of space.
• Potential user groups - depending on the orientation of the project: family offices, renowned law firms, agencies as well as students or private individuals if residential construction is privileged.

DONNÉES CLÉS - PROJECT FIGURES

• Actual area (existing): approx. 250 m² gross area on two levels (duplex).
  
  • Ground floor (at entrance level on the parking lot side) approx. 125 m² (spectacular 6 m room height).
  • Basement (on the 5th floor facing west) : approx. 125 m² (incl. sanitary facilities).
• Development potential (mezzanine): 75 m² - 80 m² additional area that can be realized by installing a mezzanine floor.
• Nominal area (total): approx. 325 m² usable gross area after extension.
• Conversion option: Ongoing process/examination for conversion into attractive living space.
• Architectural highlights: * Large shop window fronts for maximum exposure.
  • West-facing balcony/terrace with unobstructed views.
  • Barrier-free access (PMR) and passenger elevator available.
• Flexibility: Separate entrances on both levels allow subdivision into several units or combined live/work use.

STRATEGIC BENEFITS FOR INVESTORS

• Massive increase in space: By building the mezzanine ( 75 m² - 80 m²), you achieve an immediate gain in space that significantly increases the profitability per square meter.
• Residential space opportunity: The conversion into residential space in the center of Freiburg serves the most sought-after segment of the local real estate market.
• Vacant & project ready: No existing tenancies - immediate start of construction possible after receipt of permits.
• Top location: The proximity to the train station guarantees first-class reletting or a quick sale (exit).

Attractive exit prospects:

• Fix-and-flip: Realization of the mezzanine, conversion to living space and direct sale as a high-end loft to owner-occupiers.
• Buy-and-hold: Letting to the academic or business elite with an attractive net yield and long-term value appreciation thanks to the central location.
• Storey ownership: Parcelling into two separate residential units to maximize profits in individual sales.

Conclusion: A diamond in the rough for developers who want to turn volume into valuable square meters.

Grand-Places offers the rare combination of an irretrievable AAA location in the heart of Fribourg and massive value appreciation leverage through
30% additional space via mezzanine. A security-oriented investment in a top location with the attractive margin of a classic development project.