Zona El Raval 12,615 SF Retail Building Ciutat Vella, Barcelona 08001 $1,531,899 ($121.43/SF)

Property ID: BCN-INV-009319
Located in the heart of 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 comprehensive renovation in 2005, endowing the asset with modern functionality and architectural appeal.
The building, constructed in 1963, has a total area of 1,172 m2 distributed over three floors of approximately 373 m2 each. It features an independent street entrance, an elevator, and a two-meter-wide staircase connecting all levels. It is currently divided into 16 independent units, many with outdoor terraces, allowing for great versatility of use. All units are rented as studios to different tenants under six-month temporary contracts, offering immediate flexibility for repositioning, renovation, or unit-by-unit marketing.
This asset is ideal for investors seeking a building with immediate income and potential for appreciation in a constantly evolving urban area. The configuration by units, the possibility of maintaining or transforming the current use, and the location in an area with a strong cultural, educational, and tourist presence enhance its appeal as a medium to long-term investment.