Engel & Völkers
Street view featuring bronze statues of women in dresses, lining a pedestrian walkway with buildings on either side.

Commercial Premises in Ercilla

€1,300,000
  • ~80 m² Plot surface

Description

Engel & Völkers presents this magnificent commercial space located in the most prime area of Bilbao, on a bustling pedestrian street where major national and international brands converge. It is a strategic location with high pedestrian traffic, ensuring visibility and appeal for any business. The space has an approximate ground floor area of 50 m², with excellent layout and a wide facade that provides great commercial presence. Additionally, it has a basement of over 30 m², ideal as storage or logistical support area. Currently, the property is profitable, with an existing lease agreement with a top-tier brand, representing a unique investment opportunity. With a sale price of €1,300,000 and a gross annual return of 5.45%, this asset is ideal for investors seeking security and profitability in an unbeatable location.
engel & völkers shop image

Engel & Völkers Bilbao MMC

Your advisor: Alex Ayerdi

Property ID: W-02ZEYZ

Property details
  • Object type

    Other

  • Plot surface

    ~80 m²

Location: Abando, Bilbao

This location is situated on Ercilla, one of the most exclusive and commercial streets in Bilbao. Located in the heart of the city, this iconic pedestrian street is the epicenter of high-end commerce, where major national and international brands are concentrated. Ercilla street stands out for its dynamic and elegant atmosphere, with a constant flow of pedestrians throughout the day, consisting of both local residents and tourists attracted by the area's commercial and gastronomic offerings. Its well-maintained urbanization and absence of vehicular traffic make this area a privileged space for shopping and strolling, consolidating it as one of the most sought-after destinations for prestigious brands. Surrounded by the best stores, boutiques, and reference establishments, this location guarantees visibility, exclusivity, and high investment potential. Undoubtedly, one of the most demanded streets for the retail sector in Bilbao.

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Engel & Völkers Bilbao MMC

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EV MMC SPAIN, S.L.U.

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