Investment building for sale – Al-Khaldiyah neighborhood | Medina
📍 Very prime location on a 30-meter wide commercial street, opposite Al-Khaldiyah Mosque and Park, and on a corner (T), within an area that allows for 5-story construction.
🔹 Land area: 400 m2
🔹 Number of floors: 3 floors + annex
🔹 Facade: Luxurious marble
🔹 There is an elevator from Zain company
Ground floor (fully commercial)
* 3 large commercial shops:
* Shop 1: 45 m2 (5x9)
* Currently rented for 16,000 SAR annually
* Next contract: 20,000 SAR
* Shop 2: 70 m2 (5x14)
* Rented for 20,000 SAR annually
* Shop 3: 70 m2 (5x14)
* Rented for 25,000 SAR annually
* Room, kitchen, and bathroom in the side yard
* Rented for 5,000 SAR annually
First floor
A large apartment with an area of 245 m2 consisting of:
* 5 spacious rooms
* Large hall (5x9)
* Kitchen
* 3 bathrooms
Second floor
A large apartment with an area of 245 m2 consisting of:
* 5 spacious rooms
* Large hall (5x9)
* Kitchen
* 3 bathrooms
Annex
* Hall
* Bathroom
💰 Current annual income: 126,000 SAR
💵 Asking price: 3,000,000 SAR
And the commission is on the buyer 2.5%
✅ Suitable for investment with existing income, a prime commercial location, and future development potential due to its location in a 5-story zone.
License number: 50034358
License number: 50034358
License Number : 50034358