Manhattan Condominium | Commercial Space, 104 m² | $350,000

Description

Manhattan Residential Complex | 104 m² Commercial Space | $350,000
The complex’s busiest location, situated at the heart of pedestrian traffic between the underpass and McDonald’s
104 m² in the central pedestrian corridor of the Manhattan Residential Complex, offering maximum visibility and a constant flow of residents and potential customers
Across the street is Box Market, a 330 m² grocery store—the complex’s largest—which generates daily shopping traffic
The Manhattan Residential Complex consists of three high-rises already in operation and approximately 1,350 apartments. The complex is gradually being occupied; approximately 40% of the apartments are already occupied. As more residents move in, foot traffic and shopping traffic will increase. Parking spaces are almost always occupied, which also reflects the high level of activity in the complex
Investment Appeal
The space is being sold as-is, allowing you to implement your own concept and adapt the space to your specific business needs.
An adjacent space, also as-is, is currently leased for $1,500 per month. After a high-quality renovation and proper positioning, the potential rental rate could range from $2,000 to $2,500 per month or higher, depending on the business format and level of finish
Estimated renovation budget: $200–350 per m²
Area: 104 m²  
Price: $350,000
Its central location, high-visibility potential, and direct access to the main pedestrian flow make this property attractive both for operating your own business and as a long-term investment.
A rare opportunity to acquire commercial space in one of the busiest areas of the Manhattan residential complex.
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