240,000,000 Ft
653,000 €
- 138m²
- ground floor
Two street-facing retail spaces with large glass fronts for sale in Óbuda, with an active lease agreement.
In the III. district of Budapest, in the bustling area of Óbuda–Újlak, an 138 m² commercial property consisting of two functionally separate units is looking for a new owner in the Sun Palace complex. If you are looking for a stable, predictable rental income-generating, immediately profitable, productive commercial space as a valuable investment with high returns, then this is worth checking out.
WHY IS THIS COMMERCIAL SPACE IDEAL?
• Ground floor, 138 m², divided into two parts, with two separate street entrances and a large glass facade.
• Currently divided into: 2 separate commercial spaces of 80 m² and 58 m², with movable walls that can be adjusted according to needs later on.
• Both commercial units are currently utilized through leasing, with tenants engaged in catering activities under a 10-year fixed-term contract.
• With the current rental income, the investment could pay off in as little as 10 years, making the property a good choice as an immediately profitable investment.
• The two-part space and two existing separate tenants diversify tenant risk and provide a more stable income opportunity.
• For private or corporate investors, in a well-known building complex in Buda, offering rental income supported by contracts.
• Detailed terms of the lease agreement, revenue data, and investment calculations can be made available upon serious interest after consultation.
NEIGHBORHOOD AND TRANSPORTATION
• The III. district of Budapest, in the Óbuda–Újlak area, bordered by Lajos Street, Nagyszombat Street, and Árpád Prince Road, is easily accessible.
• The area features charming cafes and restaurants that cater to both workers and visiting guests, with high pedestrian traffic.
• The corner commercial space hosts the Pastrami Italian restaurant, with several well-known restaurants and cafes across the street, forming a busy gastronomic quarter around the building.
• Nearby, at the intersection of Szépvölgyi Road, Bécsi Road, and Lajos Street, the traditional Kolossy Square Market awaits shoppers.
• Numerous parks and green spaces offer relaxation opportunities nearby.
• Thanks to the excellently developed transportation network, the city center is easily and quickly accessible.
• The Kolossy Square tram terminal, a nearby suburban railway stop (Tímár Street / Szépvölgyi Road), and many bus routes ensure convenient access.
• The cultural and historical appeal of the area, along with its unique atmosphere, further enhances the location's value and traffic.
WHAT YOU NEED TO KNOW ABOUT THE BUILDING
• The Sun Palace complex, built in two phases between 2002 and 2007, includes 552 apartments and 20 office and commercial spaces.
• The property for sale is located on the ground floor at the street front.
• This provides a significant, direct local residential community and a stable service environment for businesses operating in the building.
• The complex features a large fitness and wellness center with a 25-meter swimming pool, attracting external customers to the location.
• The commercial spaces are oriented to the west, ensuring plenty of natural light.
• Their heating is provided by a central heating system with individual metering.
• The building's busy, visible street-front location ensures continuous foot traffic for the stores.
WHO IS THIS RECOMMENDED FOR?
• Private investors looking for a more predictable, contract-based real estate investment instead of an apartment.
• Business leaders and entrepreneurs who wish to place withdrawn or free capital in real estate.
• Smaller real estate investment companies and family asset managers.
• Investors who already own property in Óbuda and wish to expand their portfolio locally.
• Foreign investors living in Budapest or building a real estate portfolio in Hungary.
• Future end-users whose lease expiration aligns with their plans.
VIEWING
• In person, by appointment arranged in advance.
WE CAN HELP WITH FINANCING QUESTIONS – INCLUDING ONLINE ADMINISTRATION
• Our bank-independent loan center competes for free with all bank and credit institution offers.
• Your only task is to consult with our colleague and then choose the most favorable long-term option.
• Our experts, with 20 years of experience and colleagues knowledgeable in commercial real estate financing, are waiting for you.
• Available for appointments even after working hours.
If you are looking for a commercial space that provides high returns and a solid foundation for your business or investment, then you are in the right place!
I LOOK FORWARD TO YOUR CALL every day of the week! I am happy to answer your questions, feel free to reach out!
WHY IS THIS COMMERCIAL SPACE IDEAL?
• Ground floor, 138 m², divided into two parts, with two separate street entrances and a large glass facade.
• Currently divided into: 2 separate commercial spaces of 80 m² and 58 m², with movable walls that can be adjusted according to needs later on.
• Both commercial units are currently utilized through leasing, with tenants engaged in catering activities under a 10-year fixed-term contract.
• With the current rental income, the investment could pay off in as little as 10 years, making the property a good choice as an immediately profitable investment.
• The two-part space and two existing separate tenants diversify tenant risk and provide a more stable income opportunity.
• For private or corporate investors, in a well-known building complex in Buda, offering rental income supported by contracts.
• Detailed terms of the lease agreement, revenue data, and investment calculations can be made available upon serious interest after consultation.
NEIGHBORHOOD AND TRANSPORTATION
• The III. district of Budapest, in the Óbuda–Újlak area, bordered by Lajos Street, Nagyszombat Street, and Árpád Prince Road, is easily accessible.
• The area features charming cafes and restaurants that cater to both workers and visiting guests, with high pedestrian traffic.
• The corner commercial space hosts the Pastrami Italian restaurant, with several well-known restaurants and cafes across the street, forming a busy gastronomic quarter around the building.
• Nearby, at the intersection of Szépvölgyi Road, Bécsi Road, and Lajos Street, the traditional Kolossy Square Market awaits shoppers.
• Numerous parks and green spaces offer relaxation opportunities nearby.
• Thanks to the excellently developed transportation network, the city center is easily and quickly accessible.
• The Kolossy Square tram terminal, a nearby suburban railway stop (Tímár Street / Szépvölgyi Road), and many bus routes ensure convenient access.
• The cultural and historical appeal of the area, along with its unique atmosphere, further enhances the location's value and traffic.
WHAT YOU NEED TO KNOW ABOUT THE BUILDING
• The Sun Palace complex, built in two phases between 2002 and 2007, includes 552 apartments and 20 office and commercial spaces.
• The property for sale is located on the ground floor at the street front.
• This provides a significant, direct local residential community and a stable service environment for businesses operating in the building.
• The complex features a large fitness and wellness center with a 25-meter swimming pool, attracting external customers to the location.
• The commercial spaces are oriented to the west, ensuring plenty of natural light.
• Their heating is provided by a central heating system with individual metering.
• The building's busy, visible street-front location ensures continuous foot traffic for the stores.
WHO IS THIS RECOMMENDED FOR?
• Private investors looking for a more predictable, contract-based real estate investment instead of an apartment.
• Business leaders and entrepreneurs who wish to place withdrawn or free capital in real estate.
• Smaller real estate investment companies and family asset managers.
• Investors who already own property in Óbuda and wish to expand their portfolio locally.
• Foreign investors living in Budapest or building a real estate portfolio in Hungary.
• Future end-users whose lease expiration aligns with their plans.
VIEWING
• In person, by appointment arranged in advance.
WE CAN HELP WITH FINANCING QUESTIONS – INCLUDING ONLINE ADMINISTRATION
• Our bank-independent loan center competes for free with all bank and credit institution offers.
• Your only task is to consult with our colleague and then choose the most favorable long-term option.
• Our experts, with 20 years of experience and colleagues knowledgeable in commercial real estate financing, are waiting for you.
• Available for appointments even after working hours.
If you are looking for a commercial space that provides high returns and a solid foundation for your business or investment, then you are in the right place!
I LOOK FORWARD TO YOUR CALL every day of the week! I am happy to answer your questions, feel free to reach out!
Registration Number
UZ020188
Property Details
Sales
for sale
Legal Status
used
Character
commercial
Type of Business Property
part of building
Construction Method
brick
Net Size
138 m²
Above-Ground Net Size
138 m²
Ceiling Height
300 cm
Condition
Excellent
Condition of Facade
Good
Condition of Staircase
Good
Year of Construction
2009
Water
Available
Electricity
Available
Sewer
Available
Elevator
available
Possible Functions
hospitality unit, showroom and service or warehouse
Utilization
rented out
Monthly Rental Fee
1000000
Medovarszki Andrea
Credit Expert
Szabó Ferenc
Franchise partner, Emerald-level Home Expert
Rating:
9.9 points
Bizalomra épülő ingatlanértékesítés, modern szemlélettel.
