The Seller has already proceeded with the demolition of the existing building, leaving the site fully cleared and ready for development, representing a significant advantage in terms of reduced preparation time and costs.

The property offers a total land area of 17,650 sq. ft. and is serviced by municipal utilities, facilitating the planning, approval, and execution of the project.

A conceptual project is provided for reference purposes, which provides for the development of a sixteen (16)-unit multi-residential building, including outdoor parking. The plans have already been approved by the municipality, allowing for an accelerated construction timeline and a substantial reduction in administrative delays.

An appraisal is also available, which may serve as a reference tool to facilitate project financing.

Overall, this represents a well-structured, turnkey opportunity for a developer or investor seeking to develop a multi-residential project in a high-demand area, combining a strategic location, site readiness, and strong development potential.