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Investment Highlights

  • Residential building with commercial space.
  • Established area with all services available.
  • Central location.
  • Good transportation connections.

Executive Summary

Residential building with commercial space located in a central area with high commercial and service activity.

Property Facts

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 1960 - 1969

Amenities

Unit Amenities

  • Balcony
  • High Speed Internet Access

Site Amenities

  • Storage Space
  • Elevator

1 Unit Available

Unit 1

Unit Size 1,345 SF
Price $87,436
Price Per SF $65.01
Condo Use Retail
Sale Type Investment or Owner User
Description

Unit of 133 m² with a maximum height of 2.94 m and a clear height of 2.72 m.

Sale Notes

Ref: 3009_026989. This space represents an exceptional opportunity for those seeking a versatile location, full of possibilities and with a unique value rarely found in the market. Its configuration and features make it a strategic option for both investors looking to enhance their portfolio and entrepreneurs aiming to bring a new project to life in an established location. One of its greatest attractions is the express written authorization from the community of neighbors for the installation of a smoke vent, a key element that opens the door to multiple hospitality concepts, such as restaurants, cafes, bakeries, or dark kitchens. This advantage also facilitates a change of use to residential, significantly expanding its range of exploitation. The space has active electricity and water supplies, which speeds up timelines and reduces initial setup costs. It features a practical L-shaped layout that allows for the segmentation of work areas, sales rooms, or customer service zones. Among its features is a restroom with natural ventilation, a renovated electrical panel with industrial outlets, and identified water drains, elements that ease future renovations or adaptations. The direct street access, protected by a roll-up security metal shutter, along with interior carpentry doors, ensures convenience and protection. Built in 1969 and currently in need of renovation, this space offers a true blank canvas to develop a custom project, with full capacity to define aesthetics, layout, and functionality according to business or investment needs.

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Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - 1,442
  • Listing ID: 39899556

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: Elche, Alicante 03206

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