Commercial Property for Sale in Siena - Excellent Investment Opportunity

Commercial property for sale in Siena, Via Camollia. 41 sqm space, large street-facing window, currently rented at €8,400 annually. Opportunity to purchase an adjacent unit with additional income. General Description: Located on Via Camollia, one of Siena's most central and bustling streets, this 41 sqm commercial unit represents an excellent investment opportunity. The property is in good condition and is currently rented with an annual income of €8,400. Its central location and large street-facing window ensure high visibility and attractiveness for various commercial activities. Interior Description: The unit is arranged on a single level, offering a well-distributed and functional space. The condition of the property is excellent, ready for immediate use without the need for further work. The large street-facing window contributes to excellent visibility, making it ideal for attracting customers and showcasing products or services. Exterior Description: The property features a large street-facing window, providing maximum visibility and excellent exposure. The location on Via Camollia ensures a good flow of foot traffic and customers, given the commercial and tourist vibrancy of the area. Utilities Details: The property is equipped with all necessary utilities for commercial operation, including water, electricity, and heating. It is ready for immediate use without requiring additional modifications. Uses and Potential: This unit is ideal for investors seeking passive income due to the current rental arrangement. The strategic location and visibility offer opportunities for commercial activities with a guaranteed economic return. Additionally, there is the option to purchase an adjacent unit, also rented and generating €8,400 in income, for an additional €120,000, expanding the investment opportunity. Local Real Estate Market: The commercial real estate market in Siena is characterized by stable demand, with values varying depending on location and property features. Prices for commercial properties in Siena's historic center can range from €2,800 to €4,500 per square meter, with particular interest in well-positioned properties with guaranteed income. Tourist and Historical Information: Siena is one of Tuscany's most historic and captivating cities, renowned for its cultural heritage and events like the Palio di Siena. The historic center, where Via Camollia is located, is rich in tourist attractions, including Piazza del Campo, the Siena Cathedral, and numerous museums and churches. The central location of the commercial unit allows easy access to all major tourist and cultural sites in the city. Distances: Piazza del Campo: 500 meters Siena Cathedral: 600 meters Siena Train Station: 2 km University of Siena: 1 km Santa Maria della Scala Hospital: 700 meters Conference Center: 1 km Teatro dei Rinnovati: 500 meters Museum of the Metropolitan Opera: 600 meters Palazzo Pubblico: 500 meters Medicean Fortress: 1 km