Industrial Warehouse for Sale in Cortona

Unique investment opportunity with this spacious 1180 sqm industrial warehouse for sale in Cortona, featuring storage spaces, office areas, and an additional apartment. General Description: For sale in Cortona, along a state road, is an artisanal warehouse of approximately 1180 sqm in good condition. It includes warehouse and goods storage spaces, a shipping area, a porch with a ramp, 10 offices, 2 bathrooms, and an additional apartment on the first floor. The apartment comprises an entrance hall, living room with fireplace and balcony, kitchen, corridor, 3 bedrooms, and 2 bathrooms. The property also features about 5000 sqm of yard space and an artesian well. Interior Description: The industrial building's interiors are thoughtfully designed for optimal functionality. The storage and shipping areas facilitate smooth logistics operations. The 10 office spaces are perfect for administrative and managerial tasks. The additional apartment provides comfortable living quarters, featuring a cozy living room with a fireplace, a well-equipped kitchen, and spacious bedrooms. Exterior Description: The exterior of the property includes a generous yard of approximately 5000 sqm, offering ample space for vehicle movement and outdoor storage. The presence of an artesian well is an added advantage, ensuring an independent water supply. Uses and Potential: This property is ideal for a range of uses, including as a manufacturing facility, logistics center, or a mixed-use space combining industrial and residential purposes. Market Analysis: The industrial sector remained one of the strongest performers in commercial real estate in 2022​​. Despite rising interest rates and inflation, demand for industrial real estate remains high​​. Modern spaces with high ceiling heights and abundant truck docks are in high demand​​. Investors seek properties in high population centers and essential supply chain logistics areas​​. Industrial assets are anticipated to be top performers in the commercial real estate sector in 2023​​. The transaction volume for industrial warehouses was up 11 percent year-over-year through the second quarter of 2022​​. Tourist and Historical Information: Cortona is a picturesque Etruscan town with medieval architecture, ancient palazzos, and narrow cobbled streets​​.Significant landmarks include the Cathedral of Santa Maria Assunta and the sanctuary of the Madonna delle Grazie in Calcinaio​​. The MAEC museum hosts unique artifacts like the Etruscan Tabula Cortonensis​​. Nearby attractions include the Franciscan convent Le Celle and the Via Romea​​​​. Cortona's archaeological park includes Etruscan and Roman monuments​​. Popular events like Cortona On The Move and Cortonantiquaria draw visitors annually​​​​. The surrounding Tuscan countryside is known for its Chianina cattle and high-quality wines​​. Distances: Cortona Center: 0 km Arezzo: 29 km Siena: 72 km Florence: 115 km Perugia: 58 km Rome: 205 km Pisa Airport: 186 km Bologna Airport: 184 km Tuscan Coast: 140 km Montepulciano: 30 km