Milan City Center, Retail unit – Income opportunity | High Passage & Visibility

Retail

Description

Located in the center of Milan, between Piazza Missori and Via Santa Sofia, elegant retail space available for sale, with a size of approx. 220 sqm over 2 levels (ground floor 110 sqm – basement floor 110 sqm), equipped with 7 shop windows, 2 of which overlooking the street, currently leased to a primary retail brand.

Within a building in good condition located along Corso Italia, the property has a strategic location with high vehicular and pedestrian traffic and high visibility, in a mixed-use quarter (residential, retail and office buildings). It has excellent accessibility thanks to M3 Missori metro stop nearby, further to the future M4 – Santa Sofia metro stop (ready to open in 2022) and to several bus and tram lines, such as bus 94 and tram 15, leading to Piazza Duomo in few minutes. The area is currently subject to important development projects with restored buildings ready to become important headquarters, multipurpose centers and historical buildings.

Purchase price € 1.100.000. Investment opportunity, yield 6%.

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