€ 320,000
Commercial for sale in León city, León
- 576 m2
- 352 m2
Description
Prime investment: full building for rehabilitation in León
Great opportunity for developers and property investors in Pinilla (León), a high-demand rental market with excellent amenities. This 1961 building is delivered fully vacant, offering a blank canvas for a high-yield turnaround project.
Why this asset stands out:
Immediate start: zero tenants inside, ready for construction right away.
Unparalleled flexibility: currently held under a single title (no horizontal division), giving you total freedom to reconfigure, sub-divide, and maximize the layout.
Projected returns: expected 6% to 8% gross yield once renovated, based on local market performance.
Exit strategies: perfect for a fix-and-flip (selling individual apartments), long-term rentals, corporate mid-term housing, or a mixed-use portfolio.
The layout (solid structural condition):
Upper levels: two residential floors (162 sqm each) configured as 4 apartments.
Ground floor: 2 versatile commercial/utility units (one equipped with gas, one ideal for private parking/storage).
Added value: a large internal courtyard/patio ready to be transformed into a premium common area.
Deep-dive details available upon request.
Features
- Commercial
- Build Size: 576 m2
- Plot: 352 m2
- Energy Certificate (Consumption): E
- Energy Certificate (Emissions): E