Are you looking for an exceptional investment opportunity in the heart of Castlebar? Look no further! This retail space on Castlebar’s bustling Main Street is a gem waiting to be discovered. With its prime location and existing tenant, this property is not just a retail unit; it’s a sound investment in the future.
This property offers a ground floor retail unit with a sitting tenant, spanning approximately 600 sq. ft. But that’s not all. Above the retail space, there are three two-bedroom apartments spread across the first, second, and third floors. This multi-use property is perfect for investors looking to diversify their portfolio with a mix of retail and residential spaces.
Amenities and Features
While the property does not list specific additional amenities, its location alone offers unparalleled value. Situated on Main Street, the property benefits from high footfall, being adjacent to popular establishments like Supermacs, Paddy Power, and Eason’s. Its energy rating of D1 ensures it meets efficiency standards, while the rent set at €450,000 reflects its substantial potential for return on investment.
Prime Location in Castlebar
Castlebar is a vibrant town with a rich history and a lively community, making it an attractive location for businesses. Main Street is the heartbeat of this town, offering a dynamic environment for retail businesses. The high foot traffic ensures that any business located here will benefit from significant visibility and customer engagement.
Investment Potential
This property is more than just a retail space. With three additional two-bedroom apartments, it provides a unique opportunity to generate income not only from the retail unit but also from residential leases. This diversification is ideal for investors seeking stability and growth potential.
Energy Efficiency
The property’s energy rating of D1 ensures it operates efficiently, keeping utility costs manageable for tenants. This rating is a testament to its quality construction and modern amenities, making it an attractive choice for eco-conscious businesses and residents alike.
Seller Information
This property is listed by Kevin Beirne Auctioneers, known for their expertise in the real estate market. For more information, you can reach Kevin at [email protected] or by phone at +353 949044777. His knowledge and experience ensure that your investment process will be smooth and informed.
For more details, click here to view the full ad on FindQo.
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