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Commercial building with good income in Al-Musayyif neighborhood - Riyadh
For sale commercial building in Riyadh, Al-Masif neighborhood directly on Abu Bakr Al-Siddiq Road with an area of 1266.5m2. The facade is facing east on Abu Bakr Al-Siddiq Road with a length of 25m2 and a depth of 50.66m2. The facade is cladding. The age of the property is 11 years according to the building permit. The building is in good condition. There is a semi-new Italian elevator with a regular maintenance contract. The building consists of 4 showrooms, 12 offices, and 6 employee rooms on the western side of the building with independent rent from the showrooms and offices. Current total income is 825,000 Riyals from separate contracts with carefully selected companies and institutions. The contracts are annual except for Semsa company showroom which has two more years, and office number 12 and office number 1 also have one year left. Negotiation is possible with them according to the buyer's desire to terminate the contract after six months. There are two vacant offices available for rent. The first one is 140m offered at 110,000 Riyals and the second one is 125m and the asking price is 100,000 Riyals. The office spaces in the building range from 108m2 to 140m2. The showrooms have a facade of approximately 5m2 and a depth of 17m2.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Bayut IDBayut - 87588489
- CompletionReady
- FurnishingUnfurnished
- Added on11 September 2024
Features / Amenities
Parking Spaces
Pets Allowed
Mosque
REGA Verified Information
- FAL License Number1200015529
- Advertising License Number7200045531
- License Issue Date2 October 2023
- License Expiry Date1 October 2024
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictNorth Riyadh
- Street Nameابوبكر الصديق
- Postal Code12466
- Building No4459
- Additional No7190
- Latitude24
- Longitude24
Property Specs
- Advertisement TypeFor Sale
- Listing UsageCommercial
- Listing TypeCommercial Building
- Price14000000
- Area Size1265
- Number of Rooms16
Utilities
- No Service
Additional Information
- Listing Age10+ years
- Street Width60
- Plan Number-
- Deed Number310107043809
- Listing FaceEastern
- Borders and Lengths25 * 50.66
- Guarantees and Durationلاتوجد
- ChannelsLicensed platform, Bulletin board, Social media platforms, Radio, Other
- Obligations on Listingلاتوجد
- Compliance with Saudi Building CodeNo
- Is Listing PawnedNo
- Is Listing ConstrainedNo
- Land Number-
- Notes-
Property Borders
North
East
West
South
Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:N/A
Location
Schools
Restaurants
Hospitals
Parks
