Building for Sale in Mecca Ash Shawqiyyah

§50,000,000
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Financing optionsbuilding for sale in mecca the building consists of 8 floors on two electronic deeds, each deed covering 500 sqm with a total area of 1000 sqm. it is located on two intersecting streets: front street 64m and rear street 15m (basement parking + ground floor showroom + mezzanine floor + parking floor + 3 repeated office floors + residential apartments floor) and there is an additional unused sub-basement floor due to civil defense requirements. there are 2 elevators. there was a civil defense permit (expired and cannot be renewed as civil defense regulations have changed) and a building compliance certificate. water, sewage, and fiber internet services have been connected. price does not include tax and brokerage fees. asking price is 50 million and negotiable, with installment option available provided the deeds are mortgaged in my name. here is a summary of rentals and income: building rentals: ground floor showroom = 400,000.00 mezzanine floor = 200,000.00 6 offices 110 sqm = 270,000.00 15 offices 70 sqm = 525,000.00 3 offices 30 sqm = 54,000.00 7 residential apartments = 118,000.00 total = 1,567,000.00 riyals one million five hundred sixty-seven thousand riyals annually when all units are fully leased. unleased units: 3 offices 70 sqm = 105,000.00 1 office 30 sqm = 18,000.00 1 apartment = 14,000.00 total = 137,000.00 riyals one hundred thirty-seven thousand riyals. current actual rental amount = 1,430,000.00 riyals one million four hundred thirty thousand riyals best regards
Listing Details
Street direction
North
Street width
64m
Age
6 years
Rooms
50
Area
500m²
Features
Advertiser Info
مؤسسة ذكرى ملوح عواد البلوي للخدمات العقارية
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