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Commercial (commercial space) for sale in Sabana Grande, Distrito Metropolitano

$799,000

asking price

106 m² area
Commercial building exterior view Commercial building exterior view
Interior commercial office space Interior commercial office space
2 photos

Description

Sell or thrive in this extraordinary 103 m² premises, located at the point of highest pedestrian traffic: the direct passage between the Metro and the C.C. El Recreo. Guarantee total visibility and constant customer flow 365 days a year. Versatile, spacious space with an unbeatable location. Your business success starts in the commercial heart of Caracas!

Property Details

Property Type
Commercial
Location
Caracas, Distrito Metropolitano, Venezuela
Area
106 m²

Location

Sabana Grande, Caracas, Distrito Metropolitano, Caracas, Distrito Metropolitano, Venezuela

Street View

About the Area

Nestled in the vibrant heart of Caracas' Distrito Metropolitano, this neighborhood offers unparalleled access to the city's bustling commercial districts, world-class dining, and cultural landmarks like the Teresa Carreño Cultural Complex. Residents enjoy stunning Andean mountain views, modern amenities, and a dynamic urban lifestyle just minutes from Simón Bolívar International Airport. Ideal for international buyers seeking a gateway to Venezuela's economic and social epicenter.

Investment Analysis

4/10
Value Rating

At $7537.74/sqm, this property is significantly above the Caracas city average, driven by its high per square meter cost compared to comparables.

Highlights

  • Prime commercial location in Caracas with strong urban demand potential
  • Competitive base price near lower-end comparable at $798k for smaller 82sqm unit

Considerations

  • Extremely high price per sqm raises overvaluation concerns versus larger comparables like $820k for 534sqm
  • Outliers in comps (e.g., tiny 1.2sqm at $900k) distort market benchmarks, requiring further validation
Listed 6 months ago

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