$990,000
Commercial Property with Development Potential – 300 Suipacha St., Microcentro – CABA A unique opportunity in the heart of Buenos Aires’ Microcentro, just a few meters from the Obelisk, across from the historic Confitería La Ideal, and surrounded by cultural landmarks such as the Teatro Ópera and major transportation routes: subway lines B, C, and D, and the Metrobus. This property offers an ideal combination of rental income, immediate use, and future development, with high development potential permitted under current regulations. Property specifications: Lot area: 169 m² Estimated buildable area: 2,056 m² Maximum permitted height: 31.20 meters (ground floor + 10 stories + 2 setbacks) Frontage: 5.93 m Depth: 28.49 m Zoning: Medium Mixed-Use Area (AMM) Building not subject to condominium regulations Current use and possibilities: Ground floor: 150 m² commercial space suitable for multiple uses 1st and 2nd floors: Hotel space suitable for renovation or conversion (ideal for offices, coliving, or coworking) Spacious terrace with potential for expansion, amenities, or recreational uses Ideal for residential, tourism, or corporate projects Flexible financing: Cash down payment: USD 240,000 Balance: 15 mortgage promissory notes of USD 50,000 each Accepts properties in CABA as partial payment up to 30% of the total value Strategic advantages: Steps away from the Obelisk, Metrobus, subways, and administrative centers Area with high pedestrian and vehicular traffic Excellent potential for appreciation in an area experiencing strong commercial and tourism revival Preliminary feasibility study for construction of nearly 2,100 m², with potential for expansion A forward-thinking investment: potential to generate immediate rental income, repurpose existing spaces, or develop a large-scale project in an unbeatable location. Contact us to receive the complete feasibility study, technical details, and payment options. Legal Notice: All measurements and information regarding maintenance fees, taxes, utilities, and architectural details of this property are approximate and subject to verification by the interested party. They may not be up to date at the time of viewing, as they were provided by the owner at the time of publication. Law 5115: UNLESS otherwise indicated in the property description, the building may not have a ramp for people with limited mobility and may not be accessible to people with physical disabilities.- Auctioneer and Licensed Real Estate Broker, Darío Lorenzo, CMPCAL 520 / CUCICBA 8741. The appraisal, brokerage, and completion of transactions involving this property are the exclusive responsibilities of this licensed broker, in accordance with the provisions of Law 20,266, CABA Law 2340, Provincial Law 10,973, as amended, and the regulatory standards issued by the departmental associations.
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