Commercial for sale in Pego, Alicante

How many times does a building of more than 2,500 m², constructed in the urban center, with an already executed concrete structure, an industrial elevator, and the capacity to adapt to multiple businesses, come up on the market?

Very few.

This property is aimed at a very specific profile: those looking to buy potential.

It offers a consolidated urban plot of 991 m² on a corner, in a strategic location within Pego, with access from two streets and visibility that is hard to find.

In addition, the property has a reinforced concrete structure, a single central line of pillars, and large open areas without interior pillars, which makes space redistribution much easier than in conventional buildings.

Selling price: €780,000 (approximately €311/m² constructed), an extraordinarily competitive figure for an asset of this size in the urban area.

Opportunities and possible uses include:
• Last-mile logistics center
• Urban storage units
• Gym or sports center
• Residence or care center
• Medical center
• Coworking and offices
• Retail with storage
• Mixed commercial-residential project
• Commercial space

Investment perspective: the value is not only in the current building, but in the combination of urban land, existing structure, and transformation potential.

Investment analysis
- Current price: €780,000
- Existing construction: 2,505 m²
- Current price per m²: €311/m²

Conservative scenario:
If, after transformation, the asset reached a market value between €450/m² and €600/m², it could represent a potential valuation between €1,127,000 and €1,503,000.

Estimated appreciation potential:
• Minimum projected value: +€347,000
• Maximum projected value: +€723,000

Estimated margin:
• Between 44% and 92% before transformation costs.

The text also mentions that margins should exceed a minimum of 15%–20% to consider it an investment deal.

Price and transformation potential are central to the value proposition of this property, given the urban land and executed structure in the center of Pego.