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Corner building located in the heart of Barrio Obrero, Asuncion, just one block from Avenida Felix Bogado, in one of the capital's most traditional and high-traffic commercial areas. The property sits on a 390 m² lot (12 meters of frontage by 32 meters deep) and features approximately 1,100 m² of built area.
The layout is highly versatile, ideal for a mixed-use commercial and residential project. The ground floor houses four commercial units, while the upper levels include three independent two-bedroom apartments, one spacious three-bedroom apartment, and a duplex unit with its own living room. Every unit has independent water and electricity meters, making separate management and rental straightforward.
The building needs a full renovation, making it an excellent opportunity for investors looking to modernize the property and boost rental returns, or to develop a new project in a steadily growing area. Its strategic location offers outstanding visibility and quick access to all parts of Asuncion.
A compelling proposition with strong upside potential for anyone looking to invest in the heart of the city.
Samudio Corrales, Obrero
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