€ 580,000
Commercial for sale in La Missió, Palma de Mallorca, Mallorca
- 150 m2
- 2
Description
Unique investment opportunity: emblematic retail space next to Calle San Miguel, Palma
We present a real estate property of extraordinary strategic value in the commercial heart of Palma. Located in the iconic Costa de Sa Pols, just a few meters from Calle San Miguel, on one of the city’s busiest and most prestigious pedestrian thoroughfares, this unit represents an exceptional opportunity for both established brands and investors seeking a high-yield asset with secure value.
For the past 50 years, this space has housed the iconic “Novias Leo” brand, an emblematic business that has left a lasting mark on local commerce. Now, this privileged location is available.
Key features
- Total area: close to 150 m² built, efficiently laid out to maximize display and customer service space.
- Layout: developed across two floors, allowing a perfect separation between the main retail area at street level and an upper area intended for a showroom, offices, a workshop, or a storage room.
- Premium location: a must-pass enclave in Costa de Sa Pols, benefiting from the constant flow of residents and high-spending tourists who pass daily along the adjacent Calle San Miguel.
- Condition and potential: a unit with a solid structure and remarkable renovation potential, ideal for hosting anything from a fashion store to a jewelry shop, an art gallery, or a prestigious professional studio.
Features
- Commercial
- Bathrooms: 2
- Build Size: 150 m2
- Year Built: 1974
- Energy Efficiency Rating: In Progress