Commercial/office space for sale

Small building located in Santa Engrácia, in a historic area of the city, close to the Santa Apolónia train station, the National Pantheon, the Water Museum, the Castle of S. Jorge and close to all types of shops, services and transport. Property Description: Building with 4 floors, (no elevator), consisting of 4 small apartments (one per floor) all of them in horizontal property. Some improvements were made to the building, namely, the placement of an electric column and the installation of natural gas. The building has good structural conditions, with the properties in need of total refurbishment. - Of the 4 apartments, 2 of the smaller ones are vacant and uninhabitable. - The 2 larger apartments are leased under the following conditions: Fraction "C" with more area (2nd floor) has an old rent, for life, in the amount of 170/month. This fraction has an acceptable size and an excellent garden / patio with 21 m2. The tenant is 73 years old. note: Due to the age of the tenant in this fraction (larger apartment) there is an opening for an exit agreement or moving to the 1st floor after the works, because the building has steep stairs and it is already very difficult for her to climb the stairs daily. This would be an excellent deal, as this apartment is by far the one with the greatest potential due to the fact that it has a pleasant patio. The second fraction "D" located on the 3rd floor, is leased for 6 months renewable to an IPSS for 540/month, making it easy to quickly vacate. The architectural project is licensed and approved, only for the two largest fractions. The 2 apartments, fractions A and C, (smaller and unoccupied), do not require a building permit. Fraction Areas: Fraction A - Ground floor: 23 m2 + 10m2 of private terrace (independent entrance) (Returned) Fraction B 1st: 27m2 (Returned) Fraction C - 2nd: 53 m2 + 21.50 m2 Fraction D 3rd: 42 m2 Total indoor area: 145m2 Total areas of terraces / patios: 31.50m2 There is an updated budget in the amount of 48,230, for the total refurbishment of the two fractions. More information by request