Commercial & Residential Building for Sale | Al-Arid District | Madinah

Commercial & Residential Building for Sale | Al-Arid District | Madinah An excellent investment opportunity to own a commercial and residential building in a prime location in Al-Arid District, Madinah, directly overlooking Al-Manarat Street. This property offers a stable rental income and is ideal for investors seeking strong long-term returns in the City of the Prophet. Property Details * Location: Al-Arid District, Madinah * Street: Directly on Al-Manarat Street * Land Area: 672 sqm * Built-up Area: 1,713.6 sqm * Frontage: West-facing * Street Width: 20 meters * Building Age: Approximately 40 years Building Configuration * 5 Floors * 9 Residential Units * 40 Rooms Ground Floor: * Commercial retail shops * Two apartments: * One apartment with 3 bedrooms, living room, and 2 bathrooms * One apartment with 5 bedrooms, living room, and 2 bathrooms Upper Floors: * Each floor consists of 2 apartments * Each apartment includes: * 5 bedrooms * Living room * Kitchen * 2 bathrooms Roof Level: * Maid’s room * Storage room * Bathroom Property Features * Structurally sound and well-maintained * Water well available on-site * Dedicated parking area * Excellent location with direct exposure to a commercial street * Suitable for both commercial and residential investment Investment Information * Annual Rental Income: SAR 135,000 * Property Status: Fully eligible for sale and transfer * Asking Price: SAR 3,200,000 Three Million Two Hundred Thousand Saudi Riyals Only.