Retail unit with two street entrances and large glass shopfront for sale in Óbuda, with an active lease agreement.

Retail space with two street entrances and large glass storefront for sale in Óbuda, with an active lease agreement.

Retail unit with two street entrances and large glass shopfront for sale in Óbuda, with an active lease agreement. – retail property for sale in Budapest District III, Budapest, Hungary. Building area: 138 m². Price: 240 000 000 Ft. Located in the sought-after Óbuda–Újlak area of Budapest's 3rd District, within the Sun Palace complex, this 138 m² commercial property consists of two functionally separate units with large glass shopfronts. Contact: sales@raktarak.com | +36 30 587 1770 | https://logibases.com/ingatlan/RKTE-97244

Type: kereskedelmi

Transaction: For Sale

Building area: 138 m²

Features: futott

Price: 240 000 000 Ft

Located in the sought-after Óbuda–Újlak area of Budapest's 3rd District, within the Sun Palace complex, this 138 m² commercial property consists of two functionally separate units with large glass shopfronts. Ideal for those seeking a stable, predictable rental income and an immediately profitable, high-yield investment.

Located in the popular Óbuda–Újlak area of Budapest's 3rd District, within the Sun Palace complex, this 138 m² commercial property with large glass shopfronts consists of two functionally separate units and is looking for a new owner. Ideal for those seeking a stable, predictable rental income and an immediately profitable investment.

Located in the vibrant Óbuda–Újlak area of Budapest's 3rd District, within the Sun Palace residential and commercial complex, this 138 m² commercial property consists of two functionally separate units with large glass shopfronts. If you are looking for a stable, predictable rental income and an immediately profitable, value-retaining commercial property, this is an excellent investment opportunity. WHY THIS PROPERTY IS IDEAL: • Ground floor, 138 m² total area, divided into two units, each with a separate street entrance and a large glass shopfront. • Current configuration: Two separate units of 80 m² and 58 m². The dividing walls can be modified, allowing for flexible interior layouts. • Both units are currently leased to long-term tenants operating in the hospitality sector, under a 10-year fixed-term contract. • With the current rental income, the investment can potentially pay for itself within 10 years, making it an immediately profitable asset. • Diversified risk: Having two separate units with two different tenants ensures more stable income streams. • Perfect for private or corporate investors seeking a well-located property in Buda, within a well-known building complex with contract-backed rental income. • Detailed lease terms, revenue data, and investment calculations are available upon request for serious inquiries. LOCATION AND CONNECTIVITY: • Situated in the Óbuda–Újlak area of Budapest's 3rd District, bordered by Lajos utca, Nagyszombat utca, and Árpád fejedelem útja, in a highly accessible area. • The surroundings feature a variety of cozy cafés and restaurants, benefiting from high pedestrian traffic. • The corner unit is currently occupied by the Pastrami Italian restaurant, and the area is a well-established gastronomic hub. • Adjacent to the property, at the junction of Szépvölgyi út, Bécsi út, and Lajos utca, is the traditional Kolossy Square Market. • Numerous parks and green spaces provide recreation nearby. • Excellent public transport network allows quick and easy access to the city center. • The Kolossy Square tram terminus, nearby HÉV suburban railway station (Tímár utca / Szépvölgyi út), and several bus lines ensure convenient accessibility. • The neighborhood's rich cultural and historical appeal further increases the value and foot traffic of the location. ABOUT THE BUILDING: • The Sun Palace complex, built in two phases between 2002 and 2007, includes 552 apartments and 20 office and retail units. • The property for sale is located on the ground floor with prime street-front exposure. • This provides a significant local resident base and a stable service environment for businesses operating in the complex. • The complex houses a large fitness and wellness center with a 25-meter swimming pool, attracting additional external foot traffic. • The units are west-facing, ensuring plenty of natural light. • Heating is provided by a central building system with individual metering. • The high-visibility, busy street-front location ensures continuous awareness and traffic for the businesses. WHO IS THIS FOR? • Private investors seeking a more predictable, contract-based real estate investment instead of residential property. • Executives and entrepreneurs looking to diversify capital into commercial real estate. • Small investment firms and family offices. • Existing investors in Óbuda looking to expand their portfolio locally. • Foreign investors residing in Budapest or building a portfolio in Hungary. • Future owner-occupiers whose plans align with the expiration of the current lease. VIEWING: • Available by personal appointment only. FINANCING ASSISTANCE: • Our independent loan center provides free comparison of offers from all major banks and financial institutions. • Our experts with over 20 years of experience, including commercial real estate financing specialists, are ready to assist you. • Appointments can be scheduled outside of standard business hours. If you are looking for a retail unit that delivers high returns and provides a solid foundation for your business or investment, this property is an outstanding opportunity.

In Budapest's 3rd district, in the popular Óbuda–Újlak area, a 138 m² commercial property consisting of two functionally separate units with large glass fronts is looking for a new owner within the Sun Palace complex. If you are looking for an immediately profitable business space that provides stable, predictable rental income and serves as a high-yield, value-retaining investment, this property is worth considering. WHY IS THIS COMMERCIAL SPACE IDEAL? • Ground floor, 138 m² business space divided into two units, each with a separate street entrance and large glass frontage. • Current layout: 2 separate units of 80 m² and 58 m²; the dividing walls can be moved later, allowing the layout to be customized as needed. • Both units are currently leased; the tenants operate hospitality businesses with 10-year fixed-term contracts. • With current rental yields, the investment can pay for itself within 10 years, making the property a great choice for an immediately profitable investment. • The split layout and two existing separate tenants diversify rental risk, providing a more stable income opportunity. • Ideal for private or corporate investors looking for a property in a Buda location within a well-known complex that provides income supported by signed lease agreements. • Detailed terms of the lease agreement, income data, and investment calculations are available upon request for serious inquiries following consultation. NEIGHBORHOOD AND TRANSPORTATION • Located in Budapest's 3rd district, Óbuda–Újlak, in a highly accessible area bordered by Lajos utca, Nagyszombat utca, and Árpád fejedelem útja. • The neighborhood features cozy cafes and restaurants that serve both local employees and visitors, resulting in high pedestrian traffic. • The Pastrami Italian restaurant operates in the corner unit, and there are several well-known restaurants and cafes across the street, creating a busy gastronomic district around the building. • Adjacent to the building, at the intersection of Szépvölgyi út, Bécsi út, and Lajos utca, the traditional Kolossy Square Market awaits shoppers. • Numerous parks and green spaces offer recreational opportunities nearby. • Due to the excellent transportation network, the city center is easily and quickly accessible. • The Kolossy Square tram terminus, nearby suburban railway (HÉV) stops (Tímár utca / Szépvölgyi út), and many bus lines ensure convenient access. • The cultural and historical appeal of the area, as well as its unique atmosphere, further increase the value and traffic of the location. WHAT TO KNOW ABOUT THE BUILDING • The Sun Palace complex, built in two phases between 2002 and 2007, includes 552 apartments as well as 20 office and commercial units. • The property for sale is located on the ground floor with street-front access. • This provides a significant, direct local residential community and a stable service environment for businesses operating in the building. • The complex features a large fitness and wellness center with a 25-meter swimming pool, which attracts outside visitors to the location. • The commercial units have a western orientation, providing plenty of natural light. • Heating is provided by a central building heating system with individual metering. • The building’s busy, highly visible street-front location ensures continuous foot traffic for the businesses. WHO DO WE RECOMMEND THIS FOR? • Private investors seeking a more predictable, contract-based real estate investment instead of residential property. • Business owners and entrepreneurs looking to invest surplus capital into real estate. • Small real estate investment companies and family wealth managers. • Investors already owning property in Óbuda looking to expand their local portfolio. • Foreign investors living in Budapest or building a real estate portfolio in Hungary. • Future owner-occupiers whose plans align with the expiration of the current lease agreements. VIEWING • In person, by prior appointment. WE CAN HELP WITH FINANCING – INCLUDING ONLINE PROCESSING • Our bank-independent loan center provides free comparison of offers from all banks and lending institutions. • You only need to consult with our colleague and then select the most favorable long-term construction. • Our experts have 20 years of experience and are well-versed in commercial real estate financing. • Appointments can be arranged outside of business hours. If you are looking for a commercial space that provides a high return and a solid foundation for your business or investment, you are in the right place!

Reference: RKTE-97244

Contact: sales@raktarak.com | +36 30 587 1770

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