🏢 Commercial building for sale
📍 Location: Madinah City – Imam Muslim Street 🔹
Plot number: 24
📐 Land area: 755 sq.m.
🧭 Property facade: North
📏 Street frontage: 25m
🏗 Building age: 30 years
Building components
▪ Ground floor:
● 6 rooms
● Hall
● Kitchen
● 2 bathrooms
▪ First floor:
● Apartment consisting of 5 rooms + hall + kitchen + 2 bathrooms.
● Apartment consisting of 4 rooms + hall + kitchen + 2 bathrooms.
🏡 The residential part is currently occupied by the owner.
💰 Commercial shops are leased with old contracts, and the current rental income is 80,000 riyals annually.
📈 The property features a promising opportunity to increase rental yield upon updating lease contracts, given the rise in rental values on Imam Muslim Street, enhancing its investment feasibility.
💵 Asking price: 5,000,000 riyals (negotiable).
✨ A distinguished investment opportunity in a vibrant location, combining existing rental income with the potential for future yield growth.
📞 For contact and inquiries:
Abu Assaf Real Estate Marketing ( Phone number appears when clicking the contact button )
License holder: Mohammed Suleiman
License expiration date: 2026-11-21
-
We hope you match the location on the map with the location according to the deed.
Guarantees and their duration: None
View advertisement details on the Deal platform
Ownership transfer commission: None
License holder: Mohammed Suleiman
License expiration date: 2026-11-21
-
We hope you match the location on the map with the location according to the deed.
Guarantees and their duration: None
View advertisement details on the Deal platform
Property location description according to the deed
City: Madinah
District: Al-Difa
Ownership transfer commission: None
License Owner : محمد سليمان
License Expiry Date : 2026-11-21
Advertiser Number 1100083762
Authorization Number 7100296791