Two exceptional commercial premises are available on a prominent corner in the bustling El Terreno district, just 100 meters from the newly renovated Plaza Gomila, a hotspot for trendy bars, restaurants, and new residential developments.
The offering includes two distinct spaces: the ground floor with 202 sqm of indoor space and an 80 sqm outdoor terrace, licensed as a bar-cafeteria, making it perfect for daytime and evening service due to its high visibility and foot traffic. The semi-basement, with 180 sqm, has its own entrance and is licensed as a cocktail bar, allowing noise levels up to 70 decibels, ideal for nightlife.
Both spaces have independent commercial licenses, providing flexibility for various business operations. The terrace accommodates around 10 tables, enjoying sun from morning until early afternoon.
An added opportunity exists to convert the upper level into a residential unit with the appropriate permits and the expertise of a skilled architect. Additionally, the existing internal staircase connecting both floors can be removed, creating two entirely independent properties. This allows for the possibility of keeping one and selling the other, or utilizing both together for larger ventures.
Situated near a Melia 5-star hotel, a boutique hotel, and a Michelin-starred restaurant, the location is also convenient for the yachting community, being just a 10-minute walk from Club de Mar.
The premises are bright and can serve multiple purposes such as co-working spaces, hot desks, a coffee shop, showrooms, a yoga studio/gym, or even storage rental. Both floors have separate entrances and bathrooms, offering full flexibility for different uses.
The properties have separate deeds, allowing for independent transactions if desired. The seller is a company.
El Terreno is one of Palma’s most vibrant and historically rich neighborhoods, offering a unique blend of culture, nightlife, and modern development. Located between the Bellver Forest and the Paseo Marítimo, this area has long been a favorite among artists, musicians, and creatives, drawn to its bohemian charm and lively atmosphere.
In recent years, El Terreno has undergone a remarkable transformation, with newly renovated buildings, trendy bars, boutique hotels, and high-end residential developments breathing new life into the district. The recent restoration of Plaza Gomila has further enhanced its appeal, making it a sought-after destination for both residents and investors.
Its strategic location near luxury hotels, fine dining, and Palma’s yacht marinas makes it a prime choice for businesses looking to establish themselves in a dynamic and ever-growing area. Whether for commercial or residential purposes, El Terreno offers an exciting mix of authenticity and modernity, making it one of Palma’s most promising neighborhoods.
Property Features
ReferenceW123
Type of OperationFor sale
Type of propertyBusiness Premise
Zone / CityPaseo Marítimo / Palma de Mallorca
Built Surface462 m2
ConditionGood condition
Bathrooms4
Year built1975
Levels2
Terrace Size80 m2
RegimeLibre
Terrace
Diaphanous
Corner
Buses
Shopping Centers
Energy Efficiency Rating
Energy Consumption kWh/m2 Year
Consumer Kg CO2/m2 Year
Situation
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