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Investment Highlights

  • Residential building with commercial spaces on the ground floor located in the center of Algemesí.
  • Construction from 1977 with good visibility in a passageway connected to Plaça del Mercat, surrounded by amenities.

Executive Summary

Residential building with commercial spaces on the ground floor, located in the center of Algemesí. Built in 1977, it offers good visibility and has all services nearby. The property is situated in a passageway with direct access to Plaça del Mercat, the central hub of daily activity and a key meeting point in the town.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 796 SF
  • Retail
  • $79,953 ($100.44/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space located in the Vintage Passage of Algemesí, in a prime position with direct access to Plaça del Mercat. Currently undergoing renovations following the DANA, as part of a revitalization project for the passage.
Sale Notes
Ref: MERCHE-2020

This commercial space is located in the heart of Algemesí, in the first area to the right of the Passage, with direct access to Plaça del Mercat, the central hub of daily life and activity in the town.  
It is currently undergoing renovations following the DANA, and the images provided have been created using artificial intelligence to showcase the estimated outcome of the remodeling, as well as the envisioned look of the passage once revitalized. There is an ongoing project aimed at reactivating and enhancing this iconic space, which is set to once again become a commercial and social landmark.  
The property offers an excellent opportunity to establish a business in a unique environment with strong future potential, ideal for ventures seeking a location with its own identity and positioned for recovery and growth.
Unit Unit Size Condo Use Price NOI
Unit - 796 SF Retail $79,953 ($100.44/SF) -

Unit -

Unit Size
796 SF
Condo Use
Retail
Price
$79,953 ($100.44/SF)
NOI
-

Unit -

Unit Size 796 SF
Condo Use Retail
Price $79,953 ($100.44/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space located in the Vintage Passage of Algemes&#237;, in a prime position with direct access to Pla&#231;a del Mercat. Currently undergoing renovations following the DANA, as part of a revitalization project for the passage.</li></ul>
Sale Notes
Ref: MERCHE-2020<br> <br> This commercial space is located in the heart of Algemes&#237;, in the first area to the right of the Passage, with direct access to Pla&#231;a del Mercat, the central hub of daily life and activity in the town.&nbsp;&nbsp;<br> It is currently undergoing renovations following the DANA, and the images provided have been created using artificial intelligence to showcase the estimated outcome of the remodeling, as well as the envisioned look of the passage once revitalized. There is an ongoing project aimed at reactivating and enhancing this iconic space, which is set to once again become a commercial and social landmark.&nbsp;&nbsp;<br> The property offers an excellent opportunity to establish a business in a unique environment with strong future potential, ideal for ventures seeking a location with its own identity and positioned for recovery and growth.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 9
Year Built 1970 - 1979

Amenities

Site Amenities

  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 12 - 2,325
  • Listing ID: 41150591

  • Date on Market: 7/3/2026

  • Last Updated:

  • Address: Algemesí, Valencia 46680

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