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Commercial Building for Sale in Mendrisio

Via Luigi Lavizzari 21, 6850 Mendrisio

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Last checked 1 Tag ago 6 days on the market

Purchase price

CHF 3’900’000.–

20
Rooms

At a glance

Available from
Immediately
Property type
Department store
Year built
1982
Last renovation
2017
Floors
6
Last renovated
2017

Equipment

Lift Parking Cable TV Elevator

Condition & location

Wheelchair accessible

Taxes per year

cheaper than dearer than same as
Reference municipality

Description

Location The property is located in a highly strategic position, in the center of Mendrisio, just a few meters from the main shopping centers, including the renowned FoxTown, known internationally, and close to the highway exit, ensuring excellent accessibility. Size and Structure Floor area: 449 sqm Gross floor area: 1,338 sqm, divided into: 6 above-ground floors of 223 sqm each, plus 2 underground floors with: Cellars, storage/warehouse, 1 laundry room, technical room, service rooms Several parking spaces on the ground floor. Additional Features The building was renovated in 2017, significantly reducing maintenance costs in the short term and increasing the attractiveness of the rental spaces. Its location, close to all major infrastructure, further enhances its value and potential for long-term appreciation. Financial Considerations The property is fully rented with long-term contracts, generating an annual net income of CHF 185,250, equivalent to a return of 4.75% on the total investment. To purchase, a capital contribution of CHF 1,140,000 is required, considering an active mortgage of CHF 2,760,000 with a favorable interest rate of 1.53% until 25.09.2028. Deducting the annual mortgage cost of CHF 42,228 until 25.09.2028 from the income, a return on the invested capital of 12.5% is obtained. Conclusion This property represents an excellent investment opportunity for those seeking a commercial building with solid rental income and stable, sustainable returns over time.

About the location

No information available

Documents (PDF)

Location & surroundings

Via Luigi Lavizzari 21, 6850 Mendrisio In Google Maps Directions
Public transport
Surroundings
Location score 28/100
Building & energy
Heating
Boiler · Oil
Hot water
Boiler · Oil
Dwellings in building
4
Floors
6

Source: FSO – Federal Register of Buildings and Dwellings (RBD) · As of 2004

CHF 3’900’000.–

6850 Mendrisio

Contact on the source

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