CHIPPIS - Mixed-use Income Property

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Located in Chippis, near Sierre, this mixed-use real estate complex combines residential and commercial spaces for a sales area of approximately 660m2. It includes four 3.5-room apartments, a garage-workshop-office-wash area, storage spaces as well as office and exhibition space. The building has undergone several renovations and regular maintenance over the years.
Currently fully rented, the property generates contractual rental income of CHF 70,000 per year, with an optimization potential estimated at CHF 80,000 per year, without additional work.

Organization:
Commercial and craft area:
Ground floor:
- Garage-workshop
- Workspaces
- Ancillary rooms and changing rooms
- Office and exhibition space

Residential area – 4 apartments of 3.5 rooms
1st floor:
- 1 apartment of 3.5 rooms – East, renovated between 2015 and 2026
- 1 apartment of 3.5 rooms – West, partially renovated in 2022
2nd floor:
- 1 apartment of 3.5 rooms – East, fully renovated in 2017–2018
- 1 apartment of 3.5 rooms – West, fully renovated in 2018

Commercial and craft area:
- Garage-workshop on the ground floor
- Workspaces
- Ancillary rooms and changing rooms

Basement:
- Storage areas
- Technical rooms and storage spaces

Works and renovations:
- Apartments: renovation of kitchens, bathrooms, floor coverings, painting, windows and blinds depending on the units
- Office and exhibition: refurbishment of floors, false ceilings, lighting, painting and home automation installation in 2018
- Garage: replacement of main doors in 2014
- Technical installations: replacement of the central gas boiler in 2013, installation of thermostatic valves and OIBT electrical controls

Fully rented, this building provides rental income from acquisition, with a projected rental status of CHF 80,000 per year. The combination of four apartments and commercial spaces allows risk distribution and revenue diversification. An investment that combines immediate yield, diversification and long-term prospects in the Sierre region.
We are at your disposal to provide the complete dossier, including rental information, technical elements and sales conditions. A visit can be arranged by appointment.

Chippis
Chippis is a village located on the left bank of the Rhône close to the city of Sierre. It benefits from the favorable climate and sunshine of central Valais. Its industrial past has influenced the mentality of the Chippiards who have preserved a village spirit and a concern for integration of everyone. In addition to its own infrastructures, Chippis benefits from the cultural and sporting events offered by the city of Sierre as well as all its amenities.

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