We present a rare investment opportunity in the heart of Porto’s downtown district, on the iconic Rua do Comércio. This 245 m² vacant property, spread over a ground floor with basement, two upper floors, and a top-floor setback, comes with an approved project for four distinct units: three for residential use (two 2-bedroom units and one 1-bedroom unit) and one commercial unit. This project’s flexibility allows the buyer to adapt the units to specific needs, whether for rental, private residence, or commercial space.With traditional Porto architecture and characteristic elements of the downtown area, this building exudes a charm perfect for those who appreciate the city's authentic aesthetics. Its prime location offers unique views of the city, the majestic Douro River, and the historic Palácio da Bolsa. Structurally sound, the building features solid floors, roof, and a preserved façade, though the interior plumbing and electrical systems require updating, giving the buyer the opportunity to personalize these spaces to modern standards.Located in a vibrant and historic area, the property is just steps away from Porto’s main points of interest, such as the Palácio da Bolsa, the Alfândega do Porto, the Parque das Virtudes, and the Jardim da Cordoaria. It is also conveniently close to Santo António Hospital and the São Bento station, ensuring easy access to public transportation and other essential services.This property is an attractive investment, both for its competitive price per square meter and for its considerable appreciation potential, given its central location and the growing demand for housing and tourism in Porto’s downtown. Don’t miss this unique opportunity to acquire a property with an approved project, ideal for restoring and transforming a genuine part of Porto.