Commercial Building for Sale in Mendrisio
LocationThe property is located in a highly strategic position, in the center of Mendrisio, just a few meters from the main shopping centers, including the renowned FoxTown, known internationally, and close to the highway exit, ensuring excellent accessibility.Size and StructureLand: 449 sqmGross floor area: 1,338 sqm, divided into:6 above-ground floors of 223 sqm each, plus 2 underground floors with:Cellars, Storage/warehouse, 1 laundry room, Technical room, Service roomsSeveral parking spaces on the ground floor.Additional FeaturesThe building was renovated in 2017, significantly reducing maintenance costs in the short term and increasing the attractiveness of the rental spaces. Its location, close to all major infrastructure, further enhances its value and potential for long-term appreciation.Financial ConsiderationsThe property is fully rented with long-term contracts, generating an annual net income of CHF 185,250, corresponding to a return of 4.75% on the total investment.To purchase, a capital contribution of CHF 1,140,000 is required, considering an active mortgage of CHF 2,760,000 with a favorable interest rate of 1.53% until 25.09.2028.Deducting the annual mortgage cost of CHF 42,228 until 25.09.2028 from the income, a return on the invested capital of 12.5% is obtained.ConclusionThis property represents an excellent investment opportunity for those seeking a commercial building with solid rental income and stable, sustainable returns over time.