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Property description
CORNER HOUSE WITH HIGH COMMERCIAL POTENTIAL - JACINT VERDAGUER AREA A traditional home today; a mixed-use asset (shop + residence) tomorrow. The property stands on a prominent corner just 5 minutes from Palma’s Intermodal Station, in the liveliest stretch of Jacint Verdaguer, where cafés and restaurants with terraces keep the pavement buzzing from morning until late at night. SURFACE & POTENTIAL Ground floor: 86 m² indoors + 34 m² patio Open-plan space, ideal for installing shopfronts; patio suited to logistics or outdoor seating. First floor: 38 m² existing Expandable up to 86 m² + roof-terrace (subject to regulations); perfect for a loft, office or small apartment. WHY THIS CORNER WORKS Intermodal connectivity: metro, rail and EMT buses 5 min away ensure steady footfall. Street life: neighbouring terraces generate constant pedestrian traffic right past the façade. Visibility & exposure: central bike lane and wide pavements maximise any commercial frontage. USE SCENARIOS 1. Modernised single-family home with private patio. 2. Shop on the ground floor + loft/apartment upstairs (live-work or dual rental income). 3. 100 % commercial use: retail on the ground floor, office/storage above; patio for operations or terrace. INDICATIVE FINANCIALS Asking price: €530,000 Full refurbishment (both levels): €50-70 k Commercial fit-out (shopfronts, services): €60-80 k Expected rent - shop (86 m²): €1,800-2,200 / month Expected rent - loft (up to 86 m²): €1,100-1,300 / month NOTE The brochure includes photos of the corner house in its current state and several virtual images showing how the ground floor could look once converted into a shop with display windows, while keeping the original entrance. Request the confidential dossier with plans, feasibility study and book your private viewing. #ref:LOC_228