Apartment in Paris 8e Arrondissement, Paris, Paris-Ile-de-France

7 rooms - 2 Beds - 1 Bath | Floor 127m²

€813,000 (HAI) - £702,700**

Ref. : A45386DPE75 | NEW

PARIS 75008 - St-Augustin - Located within a beautiful Haussmann-style building dating from 1870, rare opportunity to acquire a former medical practice suitable for mixed-use, spread over 2 levels for 127 m² (39.43 m² on the GF and 87 m² of serviced space below). Facing a peacefull courtyard, this property in need of updating, offers remarkable space suited for residential, medical, or paramedical use, or as a studio (fashion, art, advertising, etc.) in an inspiring environment. The GF features 2 rooms/offices and a hallway leading to the staircase, with the possibility of adding an elevator for people with reduced mobility (type 1). The basement offers 3 large rooms/offices + 3 utility rooms (see floor plan and 360°), formerly used as a medical imaging and functional rehabilitation center. In real estate terms, the street ranks among the top 3 “discreet” addresses in the 8th arrondissement in terms of pure prestige, yet offers a better balance between quality of life and accessibility

In terms of real estate, Rue de la Bienfaisance ranks among the 8th arrondissement’s finest 'discreet residential' addresses, just behind the Monceau and Triangle d’Or neighborhoods in terms of sheer prestige, yet often offering a better balance between quality of life and accessibility. Its major architectural landmark is the Church of Saint-Augustin, one of the neighborhood’s most iconic monuments.

Historical note: Around the year 1800, an Alsatian doctor named Goetz decided to practice medicine at 9 Rue de l’Observance in Paris. He proved to be so pleasant, so efficient, and so benevolent that the city renamed the street “Bienfaisance” as a token of gratitude.

Property and Rental Information:
- Total freehold share --> 303/10,000
- Compensation value based on actual market conditions (2025–2026 market)
The compensation price per square meter for commercial space of this type in this neighborhood of the 8th arrondissement ranges from €4,000 to €8,000, or €526,000, with a median price of €6,000 per square meter.
- Projected commercial rental potential
The rental value of this type of courtyard-facing space in the 8th arrondissement, after renovation, ranges from €54/m² (conservative estimate) to €62/m² (market price), totaling €54,228 per year (excluding VAT) for a median price of €58/m² = 6.67% projected gross yield.

Area included in the price:
- Apartment (lots 12, 21, 22, 24) --> Weighted area 78.93 m² = €10,300/m²
- Total living area --> 127.09 m² living area; 125.74 m² Carrez
Ground Floor Details : Entrance hall 3.79 m²; Room 1 - 17.76 m²; Room 2 - 13.88 m²; Hallway 1 - 2.88 m²; Closet 1 - 1.22 m².
Basement Details: Hallway 2 - 19.01 m² (Weighted 1/2); Room 3 - 22.87 m² (Weighted 1/2); Room 4 - 21.78 m² (Weighted 1/2); Room 5 - 6.70 m² (Weighted 1/3); Room 6 - 4.25 m² (Weighted 1/3); Room 7 - 3.67 m² (Weighted 1/3); Hallway 3 - 1.75 m² (Weighted 1/3); Hallway 4 - 3.17 m² (Weighted 1/3); Bathroom 2.63 m² (Weighted 1/3); Toilet 1.74 m² (Weighted 1/3).

Features: Unit accessible via the building’s main lobby and a large interior courtyard, ventilation in 3 rooms of the duplex via skylights on courtyard, potential for plumbing in each of the 7 rooms, renovation and reconfiguration work required, no current heating system (energy efficiency rating not yet determined), quiet with double-glazed windows, Ground Floor: 2.74 m ceiling height, Duplex: 2.90 m ceiling height, freehold and no building renovation voted or planned, only apartment with courtyard access, secure building (Vigic security system and reinforced door), high speed fibre optic internet in the building, common areas maintained by a nearby caretaker, monthly maintenance fee of €131 including cold water, property tax €1,050/year, ideal as a first home, pied-à-terre, or investment with rental potential, suitable for professionals, medical practices, and offices

At the heart of the Europe administrative district, this 6th floor Haussmann building with lift was built in 1870 and includes 16 flats. It is erected on a plot of 446 m2 located 250 m from the Saint-Augustin metro station (Line 9), 280 m from the Europe metro station (Line 3), and 340 m from the Saint-Lazare metro station (Lines 12, 13, 14). Self-service bike system 'Velib' nearby.

The 8th arrondissement is a very diverse neighborhood, home to the famous Avenue des Champs-Élysées, which offers a wide variety of shops and tourist attractions and is one of Paris’s main business districts. It is also home to numerous points of interest, including the Arc de Triomphe, Place de la Concorde, Place de la Madeleine, the Grand Palais, the Pont Alexandre III (one of the city’s most magnificent bridges), as well as the Élysée Palace, the official residence of the French president. It also includes the 20-hectare Parc Monceau, the Jacquemart-André and Petit Palais museums, and, of course, “Le Crillon,” one of the oldest luxury hotels in Paris.

Rue de la Bienfaisance is located in one of the most sought-after areas of the 8th arrondissement, straddling the Europe and Saint-Augustin neighborhoods, in the immediate vicinity of Saint-Lazare Station, Boulevard Haussmann, and Parc Monceau.

Here’s what we can say about this address from a real estate perspective...
1) A bourgeois and quintessentially Parisian address
- A predominantly Haussmann-style neighborhood with beautiful cut-stone buildings.
- A population consisting of senior executives, professionals, and business leaders.
- A residential image that is more understated than the Golden Triangle, yet highly prestigious.
2) Excellent accessibility
- Saint-Augustin, Miromesnil, and Europe metro stations.
- Saint-Lazare Station just a few minutes’ walk away.
- Quick access to the business districts of western Paris and La Défense.
3) A lively neighborhood, but not touristy
- Many offices, corporate headquarters, and professionals.
- High-quality local shops.
- Numerous dining options for office workers and residents.
4) High quality of life
- A quiet atmosphere for a central district.
- Close to Parc Monceau and the Monceau-Malesherbes neighborhood.
- Certain sections of the street have been pedestrianized as part of the “Rues aux écoles” program, reinforcing the residential character.

The downsides of this location...
1) High concentration of offices
- Some areas may seem livelier during the week than in the evenings.
- The neighborhood has fewer shops and feels less like a “village” than Batignolles in the 17th arrondissement or the neighboring 9th arrondissement.
2) High prices
- The Saint-Augustin/Miromesnil area is among the most expensive markets in the 8th arrondissement outside the Golden Triangle.
- Beautiful Haussmann-style apartments with elevators, balconies, and unobstructed views are particularly sought after.
------
Co-owned building of 8 units
Provisional annual charges: 1565€

------
Information about risks to which this property is exposed is available on the Géorisques website : https://www.georisques.gouv.fr

[Read the complete description]

Contact us