Profitable Rented Commercial Property for Sale in Genoa, Italy
| 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 |
- 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.
- 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.
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.