€ 450,000
Commercial for sale in Castelló de la Plana, Castellón
- 537 m2
Description
Excellent opportunity for investors. A real estate asset is for sale with 536.58 m2 built area, physically split into two units, located in the Telefónica – Gran Vía Tárrega Monteblanco area, in a consolidated and growing residential setting, close to El Corte Inglés.
Asset composition
Unit E (approx. 80 m2)
Let to a well-established hair salon for more than 10 years.
Current rent: €380/month + VAT.
Unit D (approx. 456 m2)
Intended as a private garage on the ground floor, with easy pedestrian access and an automatic gate for vehicles, wide access roads, and very spacious parking spaces.
It has a current municipal operating license for 19 parking spaces (some are large).
Operated for more than 20 years by the same company until June 2026.
Currently available for new marketing.
The property has an authorized driveway, all utilities are in operation, and it is in good condition with proper maintenance.
An investment with potential
The lack of parking in the area, together with residential growth and new developments, supports strong demand for garage spaces.
With occupancy of the 19 spaces at an average rent of €100/month, plus the rental income from the commercial unit, the estimated gross return may be between 5% and 6% annually.
Key advantages
Commercial unit with a stable tenant.
Garage with an active municipal license.
19 parking spaces ready to operate.
Diversified income (unit + garage).
Asset with demonstrated operating history.
Residential area in expansion and high demand for parking.
No community fees.
A single property on the land registry.
Possibility to structure the purchase with VAT.
This is a unique and uncommon asset on the market, ideal for investors seeking recurring income, straightforward management, and potential for value appreciation.
Features
- Commercial
- Build Size: 537 m2
- Energy Certificate (Consumption): G
- Energy Certificate (Emissions): G