Engel & VölkersEngel & Völkers
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Exterior view of a corner cafe with outdoor seating, a Visa sign, and trees. A tall building is in the background. [AI-generated text]

Sale of leased gastronomic commercial premises – premium corner in Pocitos

$590,000~€520,952
  • 2 Bathrooms
  • ~116 m² Total surface
  • ~116 m² Living area
  • Construction year 1980

Description

Excellent commercial gastronomic property for sale, with an active lease, located on a prominent corner in Pocitos, one of Montevideo’s most established and sought-after areas.

The property has 116 m² of built area, situated on a highly visible commercial corner, with extensive corner-window frontage and a strong urban presence. It is the former premises of Bar 62, a well-known gastronomic venue in the area.

It is currently leased and operating, representing an excellent investment opportunity, with immediate rental income and a premium location.

As an added advantage, the property is located in an area where construction of up to 27 meters in height is permitted, offering significant future development potential, whether for expansion, conversion, or a real estate project, subject to applicable regulations.

The high-traffic pedestrian and vehicular surroundings ensure visibility, rental stability, and potential appreciation.

Sale price: US$590,000

ID 6222

Features
Air-conditioningSecurity systemFireplace
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Engel & Völkers Carrasco Montevideo

Your advisor: Fernando Irazusta

Property ID: W-0487XG

Property details
  • Object type

    Investment

  • Bathrooms

    2

  • Floor

    1

  • Number of Floors

    1

  • Total surface

    ~116 m²

  • Living area

    ~116 m²

  • Usable surface

    ~116 m²

  • Flooring

    Concrete

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