MLS ID: CAR11992 - Local Riberas

Strategically located in Riberas del Pilar, between San Lucas Street and San Juan Street, this mixed-use property combines a spacious commercial area with a residential unit, ensuring immediate income flow.

 Commercial Space Features

The retail space offers a generous surface area with 12 meters (39.4 ft) of frontage by 35 meters (114.8 ft) of depth.

• Flexible Layout: It is currently divided into two independent commercial units, but the drywall partition can be easily removed to create one single, vast space.
• Superior Storage: The rear portion of the property features a double-height ceiling, making it ideal for a spacious warehouse or storage area.
• Unit Amenities:
• Each unit includes a full bathroom.
• One of the units also has a kitchenette and an open patio extending across the first and second levels.
• The upper patio offers a partial lake view.

 Residential Unit (Apartment)

A comfortable, complete apartment is located on the second level.

Layout:

• 2 Bedrooms.
• Kitchen.
• Living Room with a functional fireplace.
• Full Bathroom.
• Private terrace.

 Renovations and Additional Advantages

The property was renovated in 2021, ensuring modern infrastructure:

• Electrical System: The electrical installation was upgraded to biphasic power.
• Water Supply: It has its own cistern and pump that feeds the roof tank (tinaco), guaranteeing an efficient water supply for the entire property.
• Growth Potential: A major advantage is the potential for expansion in the rear portion of the property, allowing the new owner to maximize the use of this space.

 Investment Opportunity

• Proven Income: The property generates rental income from day one.
• Current Leases: The lease agreements with both current tenants expire on October 1, 2026.
• Future Flexibility: The current rental period must be respected; however, the new owner will have the discretion to decide whether or not to renew the contracts upon expiration, offering an excellent opportunity for re-negotiation or personal occupancy.

This property is an ideal option for investors seeking a low-risk, high-potential acquisition with guaranteed income.

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