INVESTMENT BUILDING - 2400 LE LOCLE
A solid investment in the heart of the Vallée de l'Horlogerie
Rare opportunity to acquire a UNESCO World Heritage building with character, built in 1905 and completely renovated over recent decades. Ideal for a private investor seeking a tangible property, immediate rental income and concrete appreciation potential.
**The Property in Numbers**
Asking Price: CHF 3,200,000
Current Rental Income: CHF 156,480 per year
Current Gross Yield: 4.89 %
Potential Gross Yield (Full Lease): 5.77 %
Insurance Value (Building + Garages): CHF 4,400,000+
**Leading Tenants from the Start**
Monthly Income from Established and Recognized Tenants: CHF 13,040
Immediate Value Potential: +CHF 28,000/Year
Currently two levels are vacant, offering space for direct performance improvements:
- 2nd Floor + Converted Attic
Once these spaces are rented:
- the gross yield would increase to 5.77 % – CHF 185,000
**Development and Construction Potential**
The 1,649 m² property offers significant development opportunities in a mixed-use zone beyond the existing building:
- New Construction on the East Side – on the site of today's garages – the land register and plot layout permit construction of a 250 m² building, 14 m high, for industrial or rental purposes with the possibility of underground parking. Such a project represents an important value creation lever for the investor in the medium term.
- Conversion of Floor into Lofts – project plans already exist (outdated architectural variant) showing the creation of two lofts of ~68 m² in the attic (ceiling height 3m20, rafter height 1m80).
- External Elevator – Installation possible on the West Side, making the floors fully accessible and significantly increasing rental value.
**CAPEX**
- Roof and Windows completely replaced in 2009
- Facades renovated in 2010
- Offices and sanitary facilities renovated in 2018
- Fire alarm system and surveillance cameras installed
**The Property**
- Plot Area: 1,649 m² (Plot Number 3977, Le Locle)
- Total Building Area: ~1,590 m², distributed over 5 levels
- Land Use: Mixed zone (Activities + Residential)
- Classified as RACN Category 2 – typical and picturesque building
- Replacement Value (ECAP): CHF 4,165,589
*Contact us for further information.*
