Commercial for sale in Palma de Mallorca, Mallorca

Excellent opportunity with the possibility of change of use in L’Olivera – Palma

We present this interesting property located in L’Olivera, one of the residential areas with the highest growth and outlook in Palma. A building with great potential that offers multiple possibilities for both a residential and commercial project.

With approximately 393 m² built, the property is spread over two floors and stands out for its spacious layout and versatility. On the first floor, there are two open-plan offices of about 105 m² each, both with independent access from the landing and a convenient staircase with access from street level. Each space has its own bathroom, large windows facing the main street, and a pleasant rear terrace of about 15 m², perfect for creating a private outdoor space.

The property offers the possibility of studying a change of use to a dwelling, becoming an excellent opportunity to develop spacious, customized homes in a location that is increasingly in demand.

On the ground floor, there is a large open-plan premises of approximately 176 m², with high ceilings and a large patio—currently covered—with great potential to turn it into an attractive outdoor area.

Although the building needs renovation, its solid structure and good condition since 1960 provide an excellent foundation for developing a project with personality and added value.

Located between Amanecer and Son Oliva, the L’Olivera neighborhood has been established as a quiet residential area, highly valued for its proximity to the center of Palma and its quick access to the Vía de Cintura.

A property with space, possibilities, and a strategic location—ideal for investors or for those looking to create a unique project in Palma.