Commercial Premises in Ercilla

€1,300,000

80 m² Plot surface

Description

Engel & Völkers presents this magnificent commercial space located in the most prime area of Bilbao, on a bustling pedestrian street where major national and international brands converge. It is a strategic location with high pedestrian traffic, ensuring visibility and appeal for any business. The space has an approximate ground floor area of 50 m², with excellent layout and a wide facade that provides great commercial presence. Additionally, it has a basement of over 30 m², ideal as storage or logistical support area. Currently, the property is profitable, with an existing lease agreement with a top-tier brand, representing a unique investment opportunity. With a sale price of €1,300,000 and a gross annual return of 5.45%, this asset is ideal for investors seeking security and profitability in an unbeatable location.

Engel & Völkers Bilbao MMC

+34 946 444 005

Your advisor: Alex Ayerdi

Property ID: W-02ZEYZ

Location: Abando, Bilbao

This location is situated on Ercilla, one of the most exclusive and commercial streets in Bilbao. Located in the heart of the city, this iconic pedestrian street is the epicenter of high-end commerce, where major national and international brands are concentrated. Ercilla street stands out for its dynamic and elegant atmosphere, with a constant flow of pedestrians throughout the day, consisting of both local residents and tourists attracted by the area's commercial and gastronomic offerings. Its well-maintained urbanization and absence of vehicular traffic make this area a privileged space for shopping and strolling, consolidating it as one of the most sought-after destinations for prestigious brands. Surrounded by the best stores, boutiques, and reference establishments, this location guarantees visibility, exclusivity, and high investment potential. Undoubtedly, one of the most demanded streets for the retail sector in Bilbao.

Commission details

Availability upon agreement. This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, and change of price or withdrawal without notice. Taxes, notary and register fees must be paid by purchaser, the commission by the seller as stipulated by Spanish regulations.