Zona El Raval 12,615 SF Retail Building Ciutat Vella, Barcelona 08001 $1,513,793 ($120.00/SF)

Property ID: BCN-INV-009319
Located in the heart of El Raval, one of Barcelona's most dynamic and transforming neighborhoods, this commercial-use building offers a unique investment opportunity in an area with high demand for flexible and creative spaces. Situated within the block of a former factory, the property underwent a complete renovation in 2005, giving it modern functionality and architectural appeal.
Originally built in 1963, the building has a total area of 1,172 m² distributed across three floors, each approximately 373 m². It features an independent street entrance, an elevator, and a two-meter-wide staircase connecting all levels. Currently, the property is divided into 16 independent units, many of which include outdoor terraces, allowing for great versatility in use. All units are rented as studios to various tenants under six-month temporary contracts, providing immediate flexibility for repositioning, renovation, or unit-by-unit commercialization.
This asset is ideal for investors seeking a property with immediate income and potential for value appreciation in a constantly evolving urban area. The unit-based configuration, the option to maintain or transform its current use, and its location in a neighborhood with a strong cultural, educational, and tourist presence enhance its appeal as a medium- to long-term investment.