U$S 239,900

Price reduced −4%

$ ~9,640,000 / U$S 2,016/m2

US$ 2,016/m2 · at the median of Cordón

Published 2 years ago
Bathrooms

1

Area

119

Category

Shop

Views

5184

Commercial premises for sale with rental income in Constituyente, Cordón

Commercial premises for sale in Cordón, Montevideo, Uruguay: U$S 239,900, 119 m², 1 bathroom. Published on December 22, 2023 by Pietrafesa Propiedades; updated on October 23, 2026.

Price per m² in Cordón: sale and rent

Pietrafesa Propiedades offers for sale a street-front commercial premises beneath a recently completed modern building, on Constituyente, a few blocks from 18 de Julio.

Rental income:

  • USD 45,000 monthly. Sura guarantee, 1-year contract with an option to extend to 2 years.

Features:

  • 119 m² total: 63.7 m² basement, 34.5 m² ground floor, and 20.9 m² first level.
  • Includes a bathroom and kitchenette.

Tax benefits:

  • The project is covered by Law 18.795, the Promoted Housing Law (formerly Social Housing), and therefore benefits from an exemption from ITP.
  • Exemption from IRAE, IRPF, and IRNR on rental income for 10 years.
  • Exemption from IP for 10 years.
  • Exemption from VAT on purchase.

The information is provided by the owner, who exempts Pietrafesa Propiedades from all liability.
Internal Reference: Tera-8341

Property details

ID

Category

Type

Area

470766

Shop

Sale

119

Rooms

Bathrooms

Code

Updated

1

1

L82E0F

2023-12-22

Payment calculator

Monthly payment
US$ 1.395/mo
Loan
US$ 179.925
Interest
US$ 154.865
Total of payments
US$ 334.790
Down payment
US$ 59.975

Approximate: fixed rate, no insurance or fees. Check the terms with your bank.

Location

239.9к U$S

Location

Montevideo

Address

Cordón

What's nearby

Public transport
40 m · 1 min walk · 10 within 1 km
Supermarket
El Dorado
90 m · 1 min walk · 31 within 1 km
School
Instittutos Normales "María Stagenero de Munar" y "Joaquín R. Sánchez"
140 m · 2 min walk · 33 within 1 km
Pharmacy
San Roque
110 m · 1 min walk · 32 within 1 km
Park
Plaza de los Treinta Y Tres
360 m · 5 min walk · 8 within 1 km
Show 6 more
University
Facultad de Ciencias Sociales
370 m · 5 min walk · 18 within 1 km
Hospital or clinic
Círculo Laser
50 m · 1 min walk · 15 within 1 km
Beach
Playa Ramírez
1.1 km · 14 min walk
Bank or ATM
República
250 m · 3 min walk · 21 within 1 km
Restaurant or café
Inocencio Café
120 m · 2 min walk · 82 within 1 km
Gym
VitalFit
20 m · 1 min walk · 12 within 1 km

Straight-line distance, walking time at 4.8 km/h. Map data © OpenStreetMap contributors

Price history

  • Oct 23, 2026U$S 239,900−4 %
  • Dec 22, 2023U$S 249,900Initial price

Additional Actions

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Pietrafesa Propiedades
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