Retail Unit for Sale in Drogheda, Louth – 46 magdalene street

An exceptional opportunity to acquire a prominent commercial property in the heart of vibrant Drogheda town centre, formerly operating as a local bakery with office accommodation overhead. Ideally positioned within minutes’ walking distance of every town centre amenity including shops, cafés, restaurants, schools, public transport, and all essential services, this property presents enormous potential for builders, investors, and owner-occupiers alike. The property benefits from active full planning permission for conversion into three residential apartments, comprising: Ground Floor Studio Apartment – approx. 40 sq.m Ground Floor One-Bedroom Apartment – approx. 52.3 sq.m First Floor One-Bedroom Apartment – approx. 56.2 sq.m In addition, the property boasts an ample rear backyard area together with a storage shed/workshop to the rear, offering excellent additional storage or future potential uses. Vacant for over two years and constructed prior to 2008, the property may potentially qualify for the Vacant Property Refurbishment Grant, offering possible funding of up to: €50,000 for the first residential unit Additional €20,000 for the second unit Additional €20,000 for the third unit Potential total grant funding: up to €90,000 This represents a rare chance to create high-demand residential accommodation in one of Drogheda’s most central and convenient locations. Please note: Any grant funding is subject to application and approval. Interested parties should make their own enquiries regarding eligibility and qualification requirements. A superb investment and redevelopment opportunity in a thriving town centre location.