Commercial for sale in El Terreno, Palma de Mallorca, Mallorca

Historic palace in Mallorca
Art center & events venue with multiple commercial licenses

We present an extraordinary investment opportunity: a historic palace from 1923 transformed into a prestigious art and events center. With over 900m2 built area and 870m2 of usable space, the building combines Mallorcan historic architecture with state-of-the-art facilities, offering a versatile and established business model in one of Palma's most coveted locations.

Strategic location

Situated in Nueva Gomila-El Terreno, an area undergoing significant appreciation
5 minutes from Marina Palma Cuarentena, Palma's most exclusive yacht marina
Privileged access from Avenida Joan Miró
Proximity to Mallorca's exclusive cultural and nautical circuit

Distinctive architectural features

Historic design: meticulously restored 1923 stately construction
Unique elements:

- Tower with panoramic views of Bellver Castle and Mediterranean
- Private Mediterranean gardens
- Domes with artistic installations
- Covered terraces and porches
- Multiple independent accesses

Functional distribution

Ground floor (main social area)

- Stately reception hall
- Two high-end dining rooms
- Four complete bathrooms
- Integrated outdoor terraces
- Independent service accesses

First floor (exhibition area)

- Hall with two terraces
- Five versatile spaces
- Restroom
- Direct connection to service area
- Tower access

Second floor and tower (VIP area)

- Exclusive room with private terrace
- Panoramic viewpoint with sea views

Level -1 (events area)

- Three modular event rooms
- Professional kitchen infrastructure
- Three bathrooms
- Administrative area
- Storage
- Direct garden access

Licenses and commercial potential

Current licenses:

- Art gallery
- Restaurant and bar
- Events and celebrations

Business opportunities:

- Continuation of current successful model
- Transformation into exclusive private club
- Development of customized hybrid concept

Technical specifications

Interior area: 870m2
Private Mediterranean gardens
Updated technical installations
Multiple accesses from two streets
Professional ventilation system
Storage spaces

Competitive advantages

Premium location in developing area
Multiple valid commercial licenses
Completely renovated infrastructure
Commercial use flexibility
Historical-architectural value
Privacy guaranteed by gardens

Investment opportunity

This property represents a unique opportunity to acquire a historic asset with proven commercial potential in one of Mallorca's most promising locations. Its versatility allows for maintaining the current successful business model or developing new exclusive concepts, ensuring sustainable return on investment.