RAMCO exclusive! Rare opportunity to own a shop for sale in Hamra at a very attractive price. The boutique is located behind Cavalier Hotel, just off Hamra Street. It is an atypical 320-SQM retail space with 73 SQM on the ground floor, 120 SQM on the first floor, and 127 SQM basement. It has a 6-meter façade on the main street. F and B is not allowed. No parking spaces. Very enticing sales price of just USD 780,000 – equivalent to a weighted average price of USD 4,588 per SQM. It is impossible to find a good quality commercial space in Hamra at this price. The shop is a good investment opportunity as it can be rented at a yield of between 5% and 6% per year!
Shop for sale