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Commercial property

Impressive Warehouse with Conversion Project into Flats in Central Palma

Sales Price
€1,800,000
Icon Constructed Area
Constructed Area
240 m2

Located just off Calle Olmos, one of Palma’s busiest pedestrian streets, this former printing house offers 568 m² of total space (approx. 468 m² interior + 100 m² private patio). Its discreet entrance leads into an unexpectedly vast interior with 8-meter-high ceilings, oversized windows, and open-span volume ideal for redevelopment.

The building has undergone key structural improvements: the roof has been entirely replaced, reinforced, and fitted with skylights for natural light. A proyecto básico has already been submitted for its division into residential units, though its layout also supports alternative commercial uses such as a restaurant, co-working hub, wellness studio, or showroom.

The property retains original architectural features, including exposed wooden beams and a restored historical façade. Its location near Plaza España ensures consistent foot traffic year-round, particularly from tourists accessing nearby shops, hotels, and attractions.

With flexible zoning potential and strong visibility in one of Palma’s most trafficked corridors, this is a rare opportunity to repurpose a landmark space into a high-yield commercial asset.

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Features

Views

City

Location lifestyle

In the city, Walking distance to restaurants & bars

Furniture

Unfurnished

Extra features

High ceilings, Wooden beams

Condition

Historic features, Beautiful wood features

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
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€2,000,000
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Constructed Area
371 m2
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3
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