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Profitable Rented Commercial Property for Sale in Genoa, Italy

Mixed-use commercial and residential property near Genoa Port generating rental income with strong redevelopment potential.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 820 thousand
EBITDA Margin 30 - 40 %
Industries Rented Commercial Properties
Locations  Genoa
Local Time 7:00 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9.2 million (Native Currency: USD 9,186,321)
Reason: The sale is motivated by the owner’s relocation abroad with family, making it difficult to personall... View More
Includes physical assets worth USD 9.2 million
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Business Overview
- Located in the strategic area of Neirone, just 25 km from the Port of Genoa, giving easy access for logistics and operations.
- The property features a mixed-use setup with a 55-year-old occupied commercial-residential building and a vacant 45-year-old commercial building, both regularly renovated to meet Italian legal standards.
- Revenue is generated primarily through rental income from commercial tenants and leased residential units, with additional potential from leasing or developing the currently vacant commercial building and surrounding land.
- Offers potential for a variety of developments like residential care facilities, warehouses, commercial centers, export-import setups, or manufacturing activities.
- All necessary ownership and compliance documents are ready, making it hassle-free for potential buyers.
- Currently employs 4 permanent staff members, with additional temporary workers for maintenance and security tasks, ensuring smooth operation.
- The business saw a slight seasonal dip in sales this year, typical for this time period, and there are occasional changes in tenants.
- The property is located in Neirone, Genoa. The owner is currently in India but uses a UAE-based phone number as he frequently travels between these countries.
- This is a unique opportunity for investors looking to tap into the Italian real estate market with diverse options for development and income generation.
Products & Services Overview
- The property generates value by leasing commercial and residential spaces within a mixed-use real estate complex in Neirone, Genoa.
- Used by retail businesses, commercial tenants, logistics operators, and residential tenants, while investors or companies can utilize the vacant areas for warehousing, export–import operations, manufacturing, or commercial development.
Assets Overview
Physical assets include the land and buildings which is about ~ 80% of the total assets value, rest are freight elevator (1,500 kg capacity), bright street-facing display windows and other fixtures.
Facilities Overview
The property complex consists of two distinct components under the same ownership and within same premises.

A) Mixed-use building (commercial + residential)
- Commercial section: Distributed across four exhibition floors, complemented by large rear warehouses, with a total surface area of approximately 10,000 square meters, partially occupied by a commercial tenant.
- Residential section: Located on the top three floors above the commercial portion, comprising 28 residential units of various sizes, of which 22 are currently leased.
- Parking: Extensive areas available both street-front and within the private warehouse zone.

B) Multi-level commercial building.
- Total of approximately 3,000 square meters of usable floor space.
- Large external areas for vehicle maneuvering.
- Additional surrounding land suitable for future expansion or redevelopment.

Key strengths:
- Strategic location approximately 25 km from the Port of Genoa.
- High visibility along Strada Statale 225.
- Bright street-facing display windows ensuring strong commercial exposure.
- Freight elevator with 1,500 kg capacity serving all floors.
- Extensive parking areas and large external maneuvering spaces.
- Versatile asset suitable for care facilities (RSA), warehouses, commercial centers, export–import activities, or manufacturing operations in Italy.
Capitalization Overview
At present, I The promoter is the sole owner and personally manage the entire property portfolio. All assets are fully owned, with no bank loans or outstanding debts.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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3 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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