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Carrer Guillem Massot 8,072 SF Retail Condo Unit Offered at $1,375,673 in Palma, Islas Baleares 07003
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Investment Highlights
- High foot traffic.
- A few minutes from all services.
Executive Summary
Residential building with 8 floors above ground, with high-rise housing and commercial premises on the street level. The property was built in 1965.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Commercial space located on the corner, on the ground floor of a residential building.
It has an area of 750 m2 distributed on two floors.
It has an area of 750 m2 distributed on two floors.
Sale Notes
Ref.: LOC_242.
Available for sale: excellent commercial space currently rented and offering a 5% return.
It has a total area of 750 m² distributed across two levels, consisting of 350 m² on the ground floor and 400 m² in the basement.
The property features large storefront windows that provide excellent visibility and natural light.
It is located on a corner, on the ground floor of a residential building. The property is situated in an area with medium-high population density and heavy vehicular and pedestrian traffic.
Available for sale: excellent commercial space currently rented and offering a 5% return.
It has a total area of 750 m² distributed across two levels, consisting of 350 m² on the ground floor and 400 m² in the basement.
The property features large storefront windows that provide excellent visibility and natural light.
It is located on a corner, on the ground floor of a residential building. The property is situated in an area with medium-high population density and heavy vehicular and pedestrian traffic.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 8,072 SF | Retail | $1,375,673 ($170.43/SF) | - |
Unit 1
| Unit Size |
| 8,072 SF |
| Condo Use |
| Retail |
| Price |
| $1,375,673 ($170.43/SF) |
| NOI |
| - |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 1
| Unit Size | 8,072 SF |
| Condo Use | Retail |
| Price | $1,375,673 ($170.43/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space located on the corner, on the ground floor of a residential building.<br> <br> It has an area of 750 m2 distributed on two floors.</li></ul> | |
| Sale Notes | |
| Ref.: LOC_242.<br> <br> Available for sale: excellent commercial space currently rented and offering a 5% return.<br> <br> It has a total area of 750 m² distributed across two levels, consisting of 350 m² on the ground floor and 400 m² in the basement.<br> <br> The property features large storefront windows that provide excellent visibility and natural light.<br> <br> It is located on a corner, on the ground floor of a residential building. The property is situated in an area with medium-high population density and heavy vehicular and pedestrian traffic.</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 | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 8 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Year Built | 1960 - 1969 |
Amenities
Site Amenities
- Elevator
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | - | 1,248 |
1 1
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Carrer Guillem Massot
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