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$526,401

Listing currency: €450,000

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Santa Catalina Palma De Mallorca, Spain

Located in a consolidated urban area and with a built surface of 181 m? on a single floor, the property is fully adapted for professional use and is currently occupied by a well-established cultural organization. The interior layout offers multipurpose spaces suitable for customer service, technical or administrative tasks, all in a functional environment compliant with regulations.~~The exterior is part of a street with constant pedestrian and vehicle traffic, ensuring excellent visibility for commercial activity. The glazed fa?ade allows natural light in and serves as a display window for the tenant, while the wide pavement ensures accessibility. Its neutral architecture makes it easily adaptable to different types of businesses.~~There is no private parking, but several public parking options are available nearby.~~Among its additional features is an active lease contract with a cultural sector company, generating a monthly rent of €1,100, resulting in a gross yield of 3%. Interior maintenance is handled by the tenant, minimizing management costs.~~Located in the triangle formed by Es Fort¨ª, Paseo Mallorca, and Avenida Argentina, the area combines active residential life and business offerings with excellent connectivity. Proximity to key roads and a solid public transport network enhance the appeal for businesses seeking visibility and long-term stability.~~Possibility to acquire 3 leased premises totaling 392 m? for €1,200,000 with a gross yield of 3.8%.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 1
  • Partial Bathrooms: 0
  • Property Type: Commercial Unit
  • Home size: 1,959 ft2 / 182.00 m2
  • MLS: 242190737074
  • Web ID: HYJSTT
  • Status: Active

Property brokered by

RED

+34 971 888018

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