Building In The Heart Of Milan
Location Italy
Asking Price Range $20.0M - $35.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1900
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Building for sale, located in the heart of Milan, Corso Europa, 10 meters from Piazza S. Babila and 5 minutes walking from Piazza Duomo. The centre of Milan is considered an extremely precious location for all uses destination, from office to retail to residential. Gross Area is 3,180 sqm. The building is currently 71% occupied (was 92% before starting buy out activity) by several tenants, with retail and office destination. Strategy is to complete buy out activity and then fully refurbish the building in order to convert it to a top-quality residential and retail use. An additional floor and a roof garden will be developed.
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