Nueva construcción
Commercial property

Long-term rented, impressive, beautiful and spacious, newly renovated commercial space in the middle of downtown Palma

Sales Price
€2,200,000
Icon Constructed Area
Constructed Area
371 m2

This spacious and light-filled commercial property is located in a prime central area of Palma and was recently refurbished by a renowned architectural firm. It is currently leased on a long-term basis but remains available for sale, making it an excellent investment opportunity with an established tenant.

The property stands out for its versatility: whether as a modern office, an elegant furniture or kitchen showroom, an inspiring art gallery, or an exclusive fashion boutique – the possible uses are virtually limitless.

With a total area of 370 m² spread over two levels, including a 70 m² interior courtyard, this property combines historic charm with contemporary comfort. Built in 1905, the building impresses with ceiling heights of up to seven meters, five skylights, and four-meter-high windows that flood the space with natural light, creating a unique atmosphere. During the renovation, all electrical systems, air conditioning, and sanitary facilities were renewed. The premises are equipped with a state-of-the-art fiber-optic network supporting over 40 workstations, several glazed offices and meeting rooms, three fully fitted bathrooms, as well as provisions for two kitchens. New heating and air conditioning systems have also been installed.

A special highlight is the completely renovated and insulated roof, where the century-old wooden beams have been carefully preserved. They reflect the building’s history and, together with the floor-to-ceiling windows, create a harmonious blend of tradition and modernity. The private courtyard offers a peaceful retreat, forming a small green oasis amidst the vibrant city life.

Nueva construcción
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Features

Views

Inner courtyard

Kitchen type

Kitchenette

Heating

Air conditioning h/c

Windows

Double glazed, Wooden windows

Furniture

Partly furnished

Condition

Beautiful wood features, Refurbished

Additional Details

Map: Palma de Mallorca
Liability exclusion

All data is deemed reliable but is not guaranteed accurate by First Mallorca. This data is subject to change of price or even withdrawal without notice. Purchase taxes and fees are payable by the purchaser. The agency fees of First Mallorca for a successful mediation upon a property sale are settled by the vendor. In case of a rental agreement the tenant is liable for the agency fee. All prices here quoted exclude VAT and any other applicable taxes and levies.

In progress/ ExemptIn progress/ Exempt
Energy certificate
Consume of energy kW h / m2per yearEmission kg CO2/ m2per year
A
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