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$4,028,649 USD
1007 Calle Diego de Montemayor Norte, Monterrey Centro
Monterrey, Monterrey, NLE 64000
Mexico
Monterrey, Monterrey, NLE 64000
Mexico
Commercial for Sale, Commercial
Land size: 15,522 sqft ::
1,442 m2
Sale price per sqm: 0
Remarks:
The property features a well-maintained, three-story building with a basement, which can be remodeled or demolished to construct a mixed-use residential development. It is located on Calzada Madero, next to the iconic El Indio Azteca restaurant and bar.
The existing building can be converted into a hotel, and the rear portion, facing Reforma Street, can be used to construct 54 apartments and several levels of parking.
It is situated in a Transit-Oriented Development (TOD) zone, which allows for flexible zoning guidelines and enhanced urban planning benefits, including up to 300 dwellings per hectare and unlimited floor area ratio (FAR).
There is also the possibility of incorporating the adjacent lots, which add an additional 1,360 m², to create a more attractive project on a 2,800 m² lot with up to 84 apartments.
The existing building can be converted into a hotel, and the rear portion, facing Reforma Street, can be used to construct 54 apartments and several levels of parking.
It is situated in a Transit-Oriented Development (TOD) zone, which allows for flexible zoning guidelines and enhanced urban planning benefits, including up to 300 dwellings per hectare and unlimited floor area ratio (FAR).
There is also the possibility of incorporating the adjacent lots, which add an additional 1,360 m², to create a more attractive project on a 2,800 m² lot with up to 84 apartments.
Features:
- Year Built: 1986
- Location: Subdivision: Monterrey Centro
- Property Type: Unfurnished
- Interior Description: Unfurnished
Location:
1007 Calle Diego de Montemayor Norte, Monterrey Centro, Monterrey, Monterrey, NLE 64000, Mexico
Listed By KW Regio
The Commercial for Sale, Commercial located at 1007 Calle Diego de Montemayor Norte, Monterrey Centro, Monterrey, Monterrey, NLE 64000, Mexico is currently for sale. 1007 Calle Diego de Montemayor Norte, Monterrey Centro, Monterrey, Monterrey, NLE 64000, Mexico is listed for $4,028,649.45 USD. If the property located at 1007 Calle Diego de Montemayor Norte, Monterrey Centro, Monterrey, Monterrey, NLE 64000, Mexico isn't what you're looking for, search NLE Real Estate to see other Commercial For Sale in Monterrey.