Building for Sale in Al-Rayah District, Madinah

(544)

For Sale: Commercial and Residential Building - Medina - Al-Raya District - Directly on King Abdullah Road (Second Ring Road)

Inside the Second Ring Road boundaries and close to Sultana Road

Western facade (King Abdullah Road, 84 meters wide)
Area: 603 sqm

Consists of 5 floors and an annex:

* Ground floor: 2 commercial showrooms
* Each floor: an apartment consisting of 6 rooms with amenities
* Annex: 3 rooms with amenities
* The building is fully rented
* Annual income is approximately 450 thousand
* The building can be converted into a hotel or offices according to municipality requirements

Asking Price: 10 million SAR
Commission: 2.5%