Commercial property Palma de Majorca, Mallorca, Spain 240 sq.m. No. 128263

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Commercial property Palma de Majorca, Mallorca, Spain 240 sq.m. No. 128263
ID128263 € 1 675 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £

Property description

Located just off Calle Olmos, one of Palma’s busiest pedestrian streets, this former printing house offers 568 m² of total space (approx. 468 m² interior + 100 m² private patio). Its discreet entrance leads into an unexpectedly vast interior with 8-meter-high ceilings, oversized windows, and open-span volume ideal for redevelopment.

The building has undergone key structural improvements: the roof has been entirely replaced, reinforced, and fitted with skylights for natural light. A proyecto básico has already been submitted for its division into residential units, though its layout also supports alternative commercial uses such as a restaurant, co-working hub, wellness studio, or showroom.

The property retains original architectural features, including exposed wooden beams and a restored historical façade. Its location near Plaza España ensures consistent foot traffic year-round, particularly from tourists accessing nearby shops, hotels, and attractions.

With flexible zoning potential and strong visibility in one of Palma’s most trafficked corridors, this is a rare opportunity to repurpose a landmark space into a high-yield commercial asset.

Indoor facilities

  • Restaurant
  • Bar

Outdoor features

  • Swimming pool
Contact the seller
Contact me via
CityPalma de Majorca
TypeCommercial property
Living space240 m2
Completion dateIV quarter, 1956
Price
  • Price
  • per m²
€ 1 675 000
  • EUR €
  • USD $
  • RUB ₽
  • NOK kr
  • GBP £
Seller
Ismail Baran
Ismail Baran
Marketing Manager