Commercial for sale in León city, León

Reference: 737146

High-yield investment in Pérez Galdós, León: Prime multi-family building with 68% cap rate in a high-demand housing market

Located in Pinilla, a well-established neighborhood with strong demand for both rental housing and newly renovated homes, this 1961 property is completely vacant and ready for immediate construction.

Investment highlights:
Single registry property (no horizontal division): Offers total legal and design flexibility to reconfigure floor plans, maximize usable square footage, and subdivide units according to your business model.
High capital appreciation potential: Substantial margin for value creation through multi-unit resale, long-term leasing, mid-term rentals, or a mixed-use strategy.
Zero holding delays: Completely unoccupied, free of tenancy contracts, and cleared for instant site handover.

Property breakdown (solid structural condition):
Upper floors (1st & 2nd): Two residential levels of 162 sq m each, perfectly suited to yield 4 bright apartments.
Ground floor: Two independent units (one commercial space with gas hookup; one flexible space ideal for private parking and storage).
Added value: A spacious private inner courtyard with great potential for outdoor living or communal amenities.

Some photos incorporate digital staging created by AI.