Business in San Miguel
$699,990
- 5Bedrooms
- 2Bathrooms
- 1,938 sq ftLiving area
- 3,122 sq ftLot area
About this home
AN EXCELLENT INVESTMENT OPPORTUNITY IN THE HEART OF SAN MIGUEL! Located on Domingo Faustino Sarmiento Avenue, between Ricardo Balbín Avenue (formerly Bartolomé Mitre) and Tribulato, just a few meters from San Miguel Square and the city’s main shopping center, this property represents a unique opportunity for developers, investors, and businesses seeking a strategic location with enormous growth potential. We accept properties as partial payment! Set on a 290 m² lot (8.35 x 35 m), the property combines commercial and support spaces that allow for immediate rental income or the development of a new large-scale real estate project. Current Layout Front-facing commercial space of approximately 70 m², with excellent visibility on one of San Miguel’s busiest avenues. Upper-level storage area of approximately 50 m², ideal for storage or expanding commercial operations. A house or storage space of approximately 110 m² located at the rear of the lot, with separate access via a side passageway approximately one meter wide that connects directly to the backyard, offering functional independence and multiple possibilities for use. A property with enormous potential Thanks to its prime location and the lot’s zoning characteristics, it is ideal for developing commercial projects, restaurants, galleries, parking facilities, offices, service establishments, mixed-use ventures, or larger-scale real estate developments. Zoning: MI 1 – Microcentro 1 One of the main attractions of this property is its zoning classification, which allows for full utilization of the land’s construction potential. Designation: MI 1 – Microcentro 1. Among the most notable zoning indicators are: FOS: 0.60. Maximum height: Ground floor + 10 stories without height bonuses. Possibility of reaching Ground floor + 12 stories with a height bonus for multi-family housing. Suitable for multi-family housing, commercial spaces, dining establishments, repair shops, garages, parking lots, and various other uses compatible with current regulations. Zoning characteristics such as these make this property an excellent option for those seeking to develop a highly profitable project in one of San Miguel’s most in-demand and rapidly appreciating areas. Utilities Natural gas. Electricity. Running water. Sewage. Paved streets. A property with a prime location, excellent commercial frontage, and great development potential—one that is unlikely to be found again in this area. Contact us for more information or to schedule a visit. If you need to sell your current property to purchase this one, we can help you complete both transactions simultaneously, providing guidance throughout the entire process. EXCLUSIVE FINANCING BENEFIT UP TO 50% OF THE PROPERTY’S VALUE. CALCULATOR AT: WWW.INNOVAHIPOTECARIA.COM.AR The measurements, square footage, and maintenance fees listed herein are approximate and provided for informational purposes only. The final figures are those that will appear on the property title and supporting documentation. Responsible Real Estate Agent: Cintia Ramirez CSM 3034
Buying in Argentina as a foreigner
Yes, foreigners can buy property in Argentina.
The most important restrictions concern rural land, properties containing or bordering significant bodies of water and properties located within border security zones.
- Near coasts and borders
- Argentina does not have a coastal restricted zone equivalent to Mexico's. To preserve a common schema, this field groups areas subject to special rules: rural land, border security zones and certain properties involving significant permanent bodies of water.
- Residency
- Property ownership does not automatically grant residency. You must prove recurring income (Rentista Visa).
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers may be limited and depends on the lender, residency, documented income, financial history, currency, down payment and property type.
How buying works
Obtain tax identification
Obtain a CUIT or CDI as applicable and prepare passport, powers of attorney, translations and source-of-funds documentation.
Legal due diligence
Review title, ownership, seller restrictions, liens, debts, cadastral status, condominium rules and the seller's legal standing.
Check special restrictions
Determine whether the property is rural, located within a border security zone or contains or borders bodies of water subject to restrictions.
Reservation, contract and deed
Define price, currency, deposit, conditions and timelines; then execute the deed and register it.
This information is general and educational. Rules concerning purchases, taxes, rural land, security zones and registration may change or be interpreted differently by jurisdiction. They should be confirmed with a notary, attorney, accountant or other authorized professional. Research last reviewed July 2026.
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$699,990
