MUVA

Historic Building for Sale

Property Details

Property ID: 38443
Status: For Sale
Location: Calidonia
Property Type: Establishment
Sale Price: $ 1,980,000
Year Built: 1935
Built Area: 471.00 m2
Total Area: 1200.0 m2
Date Published: Oct 30, 2023
Times Viewed: 1006

Property Description

This 1,200 m2 lot located in the most prestigious area of La Exposición (Calidonia) is a perfect development site. With favorable RM3 C2 zoning, it can be developed as a multi-family housing complex with commercial locales on the ground floor or as high-intensity commercial structure with multiple business activities permitted. The property is flat, rectangular in shape and fully fenced. It can be accessed from Avenida Cuba or Calle 36. Within easy walking distance are two hospital complexes (private and public), a metro station, multiple government offices, hotels and restaurants. As development of the downtown core moves west of Bella Vista, savvy investors and experienced developers are already acquiring properties in La Exposición, which many are deeming "the next Casco Viejo" given its historic importance and unique architectural style.