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

Reference: 04APSB033

Commercial premises with a separate residence at the rear of the upper floor, located in El Terreno, Palma.

According to the Land Registry, the property comprises commercial premises of approximately 67 m² and a small residence on the upper floor, together with a storage room of approximately 36 m². Both spaces have separate entrances.

The residence requires renovation, and the commercial premises are currently supported with shoring, offering multiple possibilities for reconfiguration and a complete renovation.

Given the property’s features and the area’s regulations, there is potential to retain its current use as commercial premises with a separate apartment, or to develop a larger project, with the possibility of building up to three floors (subject to planning regulations and permits).

An excellent investment opportunity in one of Palma’s most promising areas.