Warehouse for sale in Nazareth, Asunción

Property with current value and future potential:

The property has spacious, traditionally built warehouses in excellent condition, as well as older residential buildings that remain habitable. This existing infrastructure makes it possible to use or generate income from the property immediately, without needing to develop the entire site from day one.

Possible warehouse uses:

• Storage and warehousing
• Distribution center
• Urban logistics operations
• Specialized workshops
• Importers and distributors
• Car dealerships
• Large-format showroom
• Business operations center
• Commercial or industrial activities compatible with current regulations

The existing residential buildings can also be temporarily used as administrative offices, staff housing, support spaces, or complementary units while a future redevelopment of the property is planned.

Strategic location within Asunción:

The property is on Avda. Eusebio Ayala, an established corridor connecting key parts of Asunción with the Metropolitan Area. Its location offers access to:

• Asunción’s main commercial areas
• The city center
• The corporate district
• Metropolitan connecting avenues
• Supermarkets and shopping centers
• Public and private institutions
• Electoral Justice
• Educational, medical, and service centers

For a company, this location allows it to operate within Asunción while having approximately 4,400 m² of land, an increasingly scarce amount along the city’s main corridors.

Development potential:

The area has favorable urban planning parameters for larger-scale projects. According to the regulations reviewed for the FM3 zone, the property has a reference buildability coefficient of 8 on the avenue, subject to final project verification by the Municipality of Asunción.

On an approximate area of 4,400 m², this represents a theoretical potential of up to approximately 35,200 m² of countable buildable area.

The final number of floors, buildable area, and permitted use must be determined through an architectural study and municipal approval, taking into account setbacks, parking, land occupancy, circulation, technical areas, and other applicable provisions.

Potential developments:

Given its size, location, and layout, the property allows for multiple investment strategies.

Mixed-use project:

• Commercial ground floor with retail units, showroom, food services, or other services
• Offices or corporate spaces on middle floors
• Apartments or residential units on upper floors
• Parking and technical areas integrated into the project

This would allow income sources to be diversified within a single development.

Residential development:

There is potential to study an apartment project aimed at different market segments, potentially incorporating:

• Residential units
• Amenities
• Commercial areas
• Parking
• Complementary services

Corporate complex:

The property could also be converted into:

• Corporate headquarters
• Administrative center
• Offices
• Warehouses
• Operations center
• Fleet parking

All within a single property.

Urban logistics center:

Its considerable depth and access from a main avenue allow for a layout combining administration, storage, distribution, parking, loading, and unloading. This is particularly interesting for companies that need to distribute products within Asunción and the Metropolitan Area.

Dealership or showroom:

The frontage on Avda. Eusebio Ayala can be used for commercial display and customer service, with the rear section used for:

• Workshops
• Warehouses
• Spare parts
• Offices
• Parking
• Logistics

Phased development:

The property does not necessarily require immediate redevelopment. An investor could:

• Stage 1: maintain and generate income from the existing buildings
• Stage 2: develop the commercial frontage
• Stage 3: gradually carry out a larger-scale real estate project

This allows for better capital management and reduces the cost of holding unproductive land while the final project is being developed.

Opportunity for international capital:

In recent years, Paraguay has become a market of growing interest to foreign capital seeking real estate assets, urban development, and business opportunities in the region. In this context, large properties on established avenues in Asunción are increasingly difficult to replicate.

The property offers a combination of approximately 4,400 m² within Asunción, direct frontage on Avda. Eusebio Ayala, approximately 26 meters of frontage, a depth of approximately 180 meters, usable infrastructure, warehouses in excellent condition, additional habitable buildings, the possibility of immediate rental or use, and potential for commercial, residential, corporate, or mixed-use development. The approximate price is USD 409/m².

Investment:

Approximately USD 409 per m².

An opportunity for buyers seeking to add a strategic real estate asset to their portfolio, capable of generating value both now and through future development. Ideal for developers, investment funds, family offices, multinational companies, retail chains, logistics operators, and business groups seeking to establish or expand operations in Asunción, Paraguay.

The development parameters mentioned are for reference and must be confirmed through an urban planning report, cadastral documentation, and project approval by the Municipality of Asunción.