U$S 800,000

$ ~32,200,000 / U$S 789/m2

US$ 789/m2 · 18% pricier than the median of Centro

Published 55 days ago
Bathrooms

3

Area

1014

Construction Year

1966

Category

Hotel

Views

193

Building for sale in Centro for real estate development

A substantial property on a single lot in one of Montevideo’s most strategic areas, a few meters from Av. 18 de Julio. A large property with multiple possibilities for commercial, logistics, and real estate development use.

Areas:

  • Land: 353 m²
  • Frontage: 16.27 meters
  • Total built area: 1,014 m²

Commercial premises:

  • Spacious front-facing showroom with a large display window, ideal for a showroom, retail business, institution, or company.
  • Approximate area: 480 m²
  • Excellent visibility and commercial presence

Basement:

  • Approximately 350 m²
  • Access via elevator
  • Ideal for storage, logistics, parking, or merchandise storage

Independent residence:

  • Located on the upper floor, with independent access
  • 184 m²
  • 3 bedrooms
  • 2 bathrooms
  • Kitchen-dining room
  • Living room with wood-burning stove
  • Terraces
  • Barbecue area
  • Garage for 2 vehicles

Condition:

  • Excellent state of preservation
  • Property ready for occupancy

Development potential:

  • Building without heritage protection
  • Permitted height of up to 27 meters plus roof profile
  • Potential for development of up to 9 levels (subject to current regulations and municipal approval)
  • Suitable for Promoted Housing projects
  • Excellent location with high residential and commercial demand

Ideal for:

  • Companies needing display space, storage, and offices
  • Educational or healthcare institutions
  • Urban logistics centers
  • Real estate investors and developers
  • Promoted Housing projects

Real estate commission: 3% + VAT. Sold by Inmobiliaria Vargas.

Property details

ID

Category

Type

Area

Rooms

1672207

Hotel

Sale

1014

5

Bathrooms

Construction Year

Code

Updated

3

1966

TF559D

2026-08-27

Payment calculator

Loan: US$ 600.000
Monthly payment
US$ 4.652

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

Location

800к U$S

Location

Montevideo

Address

Centro

What's nearby

Public transport
Casanova
150 m · 2 min walk · 11 within 1 km
Supermarket
Super Frigo
270 m · 3 min walk · 14 within 1 km
School
Instituto Tecnológico de Informática
280 m · 4 min walk · 27 within 1 km
Pharmacy
Farmacia Diagonal
150 m · 2 min walk · 36 within 1 km
Park
Plazoleta Doctor Tomas G. Brena
120 m · 2 min walk · 11 within 1 km
Show 6 more
University
Universidad de la Empresa
390 m · 5 min walk · 5 within 1 km
Hospital or clinic
Policlínica Aguada
880 m · 11 min walk
Beach
850 m · 11 min walk
Bank or ATM
Banco República
90 m · 1 min walk · 44 within 1 km
Restaurant or café
Iki
90 m · 1 min walk · 100 within 1 km
Gym
Wellnes Gym
590 m · 7 min walk · 3 within 1 km

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

Amenities

Barbecue / grill

Additional Actions

Vargas
+59...207 +59...660 098...085
+59...207
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