Commercial premises for sale in Nazareth, Asunción

Current features:

• Spacious, traditionally built warehouses in excellent condition
• Older residential buildings that remain habitable

The existing infrastructure makes it possible to use or generate income from the property immediately, without having to develop the entire plot from day one. The warehouses can be adapted for:

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

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

Location:

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

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

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

Development potential:

One of the property’s main attractions is its redevelopment potential. The area has urban planning parameters favorable to larger-scale projects. According to the regulations analyzed for the FM3 zone, the property has a reference floor area ratio of 8 on an avenue, subject to final verification of the project 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 development potential must be determined through an architectural study and municipal approval, taking into account setbacks, parking, site coverage, circulation, technical areas, and other applicable provisions.

Potential developments:

Due to its size, location, and configuration, the property allows for the analysis of multiple investment strategies.

Mixed-use project:

• Commercial ground floor with retail spaces, showroom, dining, or 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 make it possible to diversify income sources within a single development.

Residential development:

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

• 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 make it possible to consider a layout combining administration, storage, distribution, parking, loading, and unloading. This configuration is particularly interesting for businesses 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:

Another advantage of the property is that it does not necessarily require immediate redevelopment. An investor could:

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

This makes it possible to manage capital more effectively and reduce the cost of holding an unproductive plot while the final project is being developed.

International investment:

In recent years, Paraguay has established itself as 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.

This property offers a particularly attractive combination:

• Approximately 4,400 m² within Asunción
• Direct frontage on Avda. Eusebio Ayala
• Approximately 26 meters of frontage
• Considerable depth of approximately 180 meters
• Infrastructure that can be used immediately
• Warehouses in excellent condition
• Additional habitable buildings
• Potential for immediate rental or use
• Real estate development potential
• Potential for a commercial, residential, corporate, or mixed-use project
• Approximate price of USD 409/m²

Investment:

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 looking to establish or expand operations in Asunción, Paraguay.

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