Centro, Calle Paysandu

U$S 890,000

$ ~35,800,000 / U$S 959/m2

US$ 485/m2 · 28% cheaper than the median of Centro

Published 40 days ago
Bathrooms

1

Area

928

Construction Year

1951

Category

Hotel

Views

224

Sale of multi-purpose building with rental income

WORKPLACE REAL ESTATE offers an important building for sale on Paysandú Street, in the Centro area, almost in Ciudad Vieja. Excellent location, with easy access to main avenues, public transportation, and services. Sale with an approximate annual rental yield of 9%.

Layout:

The building has two floors and is currently divided into 5 functional units, all rented under active, long-term leases.

Ground floor:

  • Unit 1: prominent street-facing commercial premises of 257 m.c., with a wide glazed frontage and a large marquee. Excellent visibility and exposure. Recent lease for 5 years + 5 years. Rented to a company related to the automotive sector.
  • Unit 2: industrial premises or warehouse with 857 m.c. built. Large hall of more than 500 m.c., with a new roof and a large mezzanine. Truck entrance with very good clearance. Recent lease for 5 years + 5 years. Rented to a leading international company.
  • Unit 3: street-facing ground-floor house of 132 m.c. Lease for 5 years + 3 years. Rented to a company serving pensioners, as are units 4 and 5.

Upper floor:

  • Units 4 and 5: matching apartments of 255 m.c. each, with independent entrances. Lease for 5 years + 3 years. Rented to a company serving pensioners, as is unit 3.

Additional information:

  • Approximate annual rental yield of 9%.
  • New, long-term leases.
  • Guarantees: insurance policies (Porto Seguros / Sancor Seguros).
  • Real Estate Contribution: 3 installments of $U 79.000.
  • Primary Education Tax: 3 installments of $U 14.500.
  • Common expenses: none.

Contact us for more information and schedule a meeting to learn about this investment opportunity.

At WORKPLACE REAL ESTATE, we specialize in corporate properties.

Property details

ID

Category

Type

Area

Built Area

1669297

Hotel

Sale

928

1834

Rooms

Bathrooms

Construction Year

Code

Updated

2

1

1951

CCDFFA

2026-10-01

Payment calculator

Loan: US$ 667.500
Monthly payment
US$ 5.175

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

Location

890к U$S

Location

Montevideo

Address

Centro, Calle Paysandu

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

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