Building for Sale in Mecca Al Jame'ah

§22,000,000
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Financing options**commercial building – electronic title deed | mecca | south al-aziziyah** located immediately after al-batarji medical center, on two streets: abdullah khayyat street and al-ikhaa street — one of the rarest locations, adjacent to abraj al-sharif towers. **building specifications:** - plot size: 25 x 25 meters - basement + 5 commercial shops - 4 rooms on the ground floor + a shared kitchen for pilgrims - full commercial mezzanine floor - residential floors: 4 apartments per typical floor - 5 repeated floors, each containing 4 apartments (mix of 3-bedroom, 2-bedroom, and 1-bedroom units) - 2 annexes with 3 rooms each - pilgrims' permit: **384 pilgrims** - **total: 9 floors** - total: **70 rooms & 70 bathrooms** - all floors finished with ceramic tiles - sinks and toilets: **roca** brand - **2 schindler elevators** - external emergency staircase + internal emergency staircase **current income (per shop):** - telecom shop: 70,000 sar - 1,000 breast (café/bakery): 110,000 sar - juice shop: 70,000 sar - spices & nuts shop: 70,000 sar - apartments: 2,300 sar per pilgrim (excluding ramadan); furnished apartment rentals for the rest of the year **total building income before covid: 1.5m – 2m sar** after renovation and reclassification: estimated **3m – 4m sar** **additional notes:** - shops can be modified to two floors; one tenant has already offered **600,000 sar** on condition of vacating all tenants - if shops are converted to two floors (as per the original permit), shops alone can be leased for **1,000,000 sar** - very close to malls, markets, shopping centers, healthcare facilities, and the grand mosque --- **price is negotiable**
Listing Details
Street direction
Southwest
Street width
30m
Age
More than 10 years
Rooms
70
Area
619m²
Features
Advertiser Info
باسل بن فيصل بن عبدالعزيز الثبيتي
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