Looking for business space in an interesting location or investment opportunity with further development potential?

Are you looking for business space in an interesting location or investment opportunity with further development potential?
We offer for sale a multifunctional building in the town of Svit that currently combines residential housing and healthcare facilities.
The property has undergone major modernization phases and represents an ideal choice for investors seeking projects with further development opportunities and stable rental income.
- Total land area: 4921 m² - Building footprint: 764 m² - Usable floor area is approximately 1500 m²
BASIC OBJECT PARAMETERS - Current status: Multifunctional facility (8 apartments, 1 non-residential unit).
- Approval of current condition: 2018 - Occupancy rate: The western part is fully occupied by apartments, while the eastern part is at 50% capacity (accommodation).
Healthcare spaces: On the ground floor there is a fully functional gynecological clinic with separate entrance.
Grounds: The building comes with grounds extending beyond fencing by about one to two meters, providing storage space and privacy.
The building also generates regular monthly revenue.
HISTORY AND TECHNICAL CONDITION Since its construction in 1970 as originally a kindergarten, the building underwent extensive transformation:
- In 2002 complete reconstruction including layout changes, insulation work, window replacement, addition of gable roof structure with dormers.
In 2018 final realization of conversion into present day multifunctional facility validly approved through planning permission process.
DEVELOPMENT POTENTIAL AND VALUATION Considering architectural design according to project documentation views plans allows possibility redevelopment pure apartment complex significantly higher yield estimates:
Estimated return after optimization arrangement renovations around six percent annualized net yields possible post refurbishment circa sixteen eighteen double occupancy units single bedrooms optional too added value maintaining first floor medical practice diversify tenant base secure steady cash flow stream long term basis LOCATION Town Svit known comprehensive civic amenities strategic position proximity city Poprad High Tatras mountain range easy accessibility ensure sustained demand rentals services alike WHY THIS INVESTMENT Opportunity immediate legislative processes required existing approval year twenty eighteen clear history technical evolution flexibility between tenants mix residential commercial mixed use parcel owned individually Should interested detailed documents blueprints maps specifications inspection contact us without hesitation.