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Commercial Premises for Sale in the San Ignacio Shopping Center - Av. Blandin, Chacao, Caracas, Distrito Capital (Ve Local J26, 1060 CCS - Commercial premises for sale

$150,000

asking price

1080 baths
5 m² area

Description

Commercial Space for Sale in San Ignacio Shopping Center (Garden Level)
Smart Investment: 33.5 m² ready for your business.
Key Features:
* Location: San Igna

Property Details

Property Type
Commercial
Location
Caracas, Distrito Capital, Venezuela
Bathrooms
1080
Area
5 m²

About the Area

Nestled in the vibrant heart of Caracas, Distrito Capital, this neighborhood offers international buyers a dynamic urban lifestyle with easy access to world-class amenities, including the iconic Altamira Square, upscale shopping at Sambil Caracas mall, and proximity to the metro system for seamless city exploration. Surrounded by lush Ávila Mountain views and a blend of modern high-rises and historic charm, it provides a secure, cosmopolitan base in Venezuela's bustling capital, ideal for those seeking cultural immersion and investment potential.

Investment Analysis

3/10
Value Rating

At $30,000/sqm, this property is dramatically overpriced compared to the city average of around $500-1,000/sqm implied by comparables.

Highlights

  • Same $150k headline price as larger comparables (90-412sqm)
  • Prime Caracas commercial location with high foot traffic potential (1080sqm buildable area?)

Considerations

  • Extremely small 5sqm size limits usability and revenue potential
  • Price per sqm is 30-60x higher than comparable properties, suggesting poor value
Listed 9 months ago

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