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Calle Francisco Nebreda 3,143 SF Retail Building Ávila, Ávila 05005 $124,481 ($39.61/SF)
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Investment Highlights
- On the first floor we can find four commercial premises.
- On the second floor we find two houses, to renovate
Executive Summary
Located on Nebreda Street, the property is in need of renovation but offers significant potential for development. The current structure consists of two floors, although the building's full development potential has not been utilized, allowing for the possibility of adding a third floor during the renovation. The surrounding area is well-equipped with services and is just a few steps from the city center.
Regarding its layout, the main floor includes several commercial spaces. One of these was previously used as a pharmacy and is currently not in operation. Two other spaces are being used as hospitality establishments, one with an entrance on Valladolid Street and the other with access from Francisco de Nebreda Street, both holding licenses to operate until 3 a.m. The floor also includes a storage space or garage.
The first floor houses two residential units in need of complete renovation. Together, they feature a total of six bedrooms, two bathrooms, two kitchens, and a patio facing Francisco de Nebreda Street.
This property offers multiple possibilities, combining currently operational commercial spaces, which provide immediate income, with a prime location close to the city center and educational institutions on Valladolid Street. Its configuration allows for a layout tailored to the specific needs of the buyer, making it an attractive investment and development opportunity.
Property Facts
Amenities
- Bus Line
- Natural Light
- Private Bathroom
About ÁVILA, AVI 05005
This building is located in the wonderful old town of Ávila, a few meters from the San Francisco Auditorium and San Antonio Park, just 2 minutes' walk to the city center, bus station and Renfe, not to mention that it has supermarkets, banks, pharmacies and schools within reach. In addition, a few meters from the Great Wall. The building has two floors. On its first floor we can find four commercial premises. The first store has a bar license until 3 in the morning, currently in force. The rooms are a main living room and bar, warehouse and two bathrooms, recently renovated, ready to enter. The second room is a garage, for parking a vehicle or as a storage room. The third store has a hospitality license open until 3 in the morning, currently in use. The room was rented as a watertight room, although currently it no longer has a license. It has a main room with shop windows, cabinets and metal closures, a warehouse. On the second floor we find two houses, to be renovated. The first house has 6 rooms such as an entrance, living room, two bedrooms, a kitchen and a bathroom. In the second house, you will find several rooms, a bathroom, a living room and three large bedrooms. The building can be purchased for the operation of its premises for profitability, to reform or to demolish it and make housing, according to urban planning, one more floor could be built and a closed block construction carried out.
Nearby Major Retailers
Presented by
Calle Francisco Nebreda
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