Santa Coloma de Gramenet, Barcelona 08922 3,767 SF Retail Building $669,562 ($177.73/SF)

Great opportunity to acquire a building consisting of two floors, located on a plot of approximately 200 m², ideal for both high-yield investment and establishing a professional activity along with a family residence. The property is situated on Avenida Generalitat, just a few steps from the Town Hall Square in Santa Coloma, on a semi-pedestrian street with a predominantly commercial character and a well-established environment.
The building has a total constructed area of 350 m² and features a classic-style façade, protected and listed by the Town Hall due to its architectural value. The ground floor is occupied by a 176 m² commercial space with direct street access, currently in operation, and suitable for a wide variety of commercial or professional activities in an area with high foot traffic and established businesses. On the upper floors, there are two residential units, one of which has been fully renovated, while the other requires refurbishment. The current layout allows for the reorganization of spaces to create two spacious, bright apartments, both with access to a terrace.
The building represents an excellent business opportunity in a commercial area undergoing significant growth. Additionally, current urban planning regulations allow for the development of a new project on the plot, which could include a commercial space on the ground floor and up to three additional floors, with the potential to construct three large residential units.
Two acquisition options are available: the property can be delivered completely free of tenants, or it can remain rented to the current occupants, with market-rate rents set for both the commercial space and the renovated apartment. The apartment requiring renovation is currently unoccupied.