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Businesses For Sale   >>   Italy Businesses For Sale

Building In Prestigious Area

Location  Italy
Asking Price Range  $10.0M - $20.0M
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

The building for sale is located in one of the most prestigious residential areas of Milan centre, close to Via Torino and 5 minutes walking from Piazza Duomo. The property does not consist of the whole building, but only of parts of it, facing Via del Torchio and the inner courtyard. Gross Area is 2,016 sqm. The building is mainly vacant, with 6 small units still occupied (8 before the start of buy out activity). Strategy is sell small separate units, either empty or occupied, and to concentrate on the refurbishment and conversion to residential of the main body of the asset, currently vacant, and the repositioning of the retail portion.

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