Commercial and residential property for sale on Avda. Artigas, Asunción

Property on Avda. Artigas: commercial and residential land and building with development potential.

Technical details and dimensions:

• Land area: 532 m²
• Frontage on Avda. Artigas (north): 15.60 m; rear frontage (south): 13.35 m
• West side: 37.65 m; east side: 38.20 m
• Existing built area: 528 m², suitable for renovation, immediate rental income, or demolition for a new project.

Development potential (Asunción Master Plan):

• Zoning: mixed-use corridor on a main avenue.
• Permitted uses: residential apartment buildings, corporate offices, commercial premises, showrooms, banks, or health centers.
• Permitted height: up to 6 to 8 floors, with potential for up to 2,600 m² of buildable area.
• Utilities: all basic services are available at the property, including water, three-phase electricity, sanitary and storm drainage, and asphalt access.

Strategic advantages:

• Excellent connectivity: minutes from Asunción’s new corporate center, the Costanera, and key access routes.
• Versatility: excellent frontage for customer parking, logistics access, or access to an apartment tower.
• Profitability: an urban renewal area with high commercial and residential demand.