U$S 1,900,000

$ ~76,400,000 / U$S 760/m2

US$ 760/m2 · 41% cheaper than the median of Centro

Published 10 months ago
Bathrooms

2

Area

2500

Construction Year

1984

Category

Shop

Views

782

Sale of gallery with shops, offices and 20 garages in Centro

Commercial premises for sale in Centro, Montevideo, Uruguay: U$S 1,900,000, 2500 m², 2 bathrooms. Published on December 23, 2025 by ACSA; updated on October 19, 2026.

Price per m² in Centro: sale and rent

ACSA sells Galería Torre Independencia, on Av. 18 de Julio, corner of Andes. It has 26 commercial units, 20 garages and 9 offices.

Location:

An iconic gallery located in an area with very high pedestrian traffic, surrounded by offices, cultural centers and tourist attractions. It has three pedestrian entrances from Andes and 18 de Julio streets, and Plaza Independencia.

Features:

  • 26 commercial units
  • 2 shared-use bathrooms
  • 9 offices
  • 20 individual underground garages
  • Generally well maintained
  • Security

Areas:

  • 750 m² of office space on the first floor
  • 750 m² of office space on the second floor
  • 100 m² mezzanine
  • 1,000 m² across the entire Pasaje de Plaza Independencia and gallery

Expenses and taxes:

  • Property tax: 3 installments of $190,000
  • Primary education tax: 3 installments of $54,000
  • Taxes per unit: $1514

Income and return:

  • Gross monthly income: U$S 19,000
  • Return: 12%

Ref-Acsa: #34935

Property details

ID

Category

Type

Area

Built Area

Terrain

1703502

Shop

Sale

2500

2500

2500

Rooms

Bathrooms

Construction Year

Code

Updated

1

2

1984

E27EF4

2026-04-08

Payment calculator

Monthly payment
US$ 11.048/mo
Loan
US$ 1.425.000
Interest
US$ 1.226.522
Total of payments
US$ 2.651.522
Down payment
US$ 475.000

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

Location

1.9м U$S

Location

Montevideo

Address

Centro

What's nearby

Public transport
S - Suburbanos
330 m · 4 min walk · 10 within 1 km
Supermarket
Ta-Ta
80 m · 1 min walk · 11 within 1 km
School
IADE
190 m · 2 min walk · 19 within 1 km
Pharmacy
Farmashop
30 m · 1 min walk · 32 within 1 km
Park
Plazoleta Doctor Tomas G. Brena
420 m · 5 min walk · 13 within 1 km
Show 6 more
University
Universidad de la Empresa
330 m · 4 min walk · 5 within 1 km
Hospital or clinic
Sanidad Naval Centro Asistencial Familiar Montevideo
1.1 km · 14 min walk
Beach
550 m · 7 min walk
Bank or ATM
República
190 m · 2 min walk · 46 within 1 km
Restaurant or café
Praga
20 m · 1 min walk · 109 within 1 km
Gym
Wellnes Gym
500 m · 6 min walk · 3 within 1 km

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

Additional Actions

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