Commercial for sale in San Cristóbal de La Laguna, Tenerife

Investment opportunity in one of the busiest commercial areas between Santa Cruz and La Laguna, right on Carretera General del Rosario, next to the tram route and surrounded by commercial and residential activity.

This spacious ground-floor premises has an area of 154 m² according to the land registry and 162 m² according to a technical survey, offering a versatile layout and a range of commercial uses.

The property is part of a building consisting of just two commercial units and is notable for its history and recognition in Tenerife. For decades, it was known as the iconic “Sala de Fiesta Nivaria,” a venue with a distinct identity in the area.

It is currently rented, and the tenants are interested in staying, allowing you to earn a return from day one.

Investment details
Sale price: €180,000
Current monthly rent: €920
Approximate gross yield: 6.13%

In addition to immediate returns, the property offers potential for appreciation and increased income thanks to its exterior layout. The size and arrangement of its doors and windows make it possible to explore dividing the space into two commercial units, offering an attractive option for diversifying rental income in the future.

Interior layout:
Spacious main hall
Two additional separate spaces
Covered lightwell incorporated into one of the rooms
Two restrooms
Storage room

The premises are in good condition and stand out for their abundant natural light, thanks to multiple exterior windows and two independent entrances.

Features:
Accessible entrance for people with reduced mobility (PRM)
Aluminium grilles on windows and doors
Excellent commercial visibility
Strategic location on a busy route with excellent urban connections

Given its size, location, and layout, this property is ideal for both long-term investors and companies looking to develop new commercial projects, customer service offices, academies, clinics, service spaces, or highly visible commercial activities.

A property with history, commercial presence, and strong returns in one of the busiest urban connections in the Tenerife metropolitan area.