Mixed-Use Residential & Commercial Building for Sale | Al Salam District – Al Madayfer Plan – Al Madinah

Mixed-Use Residential & Commercial Building for Sale | Al Salam District – Al Madayfer Plan – Al Madinah An outstanding investment opportunity to own a mixed-use residential and commercial building in a prime location on one of Al Madinah’s main commercial streets. The property offers immediate rental potential with future expansion opportunities. Location: * Al Salam District – Al Madayfer Plan * Second plot from King Saud Road (100 m wide) * South-facing frontage on Imam Ibn Majah Commercial Street (40 m wide) * Mixed-use zoning (Residential / Commercial) Property Details: * Land Area: 637.80 sqm * Property Age: 8 years * Zoning permits construction up to 4 floors, offering excellent potential for future expansion. Building Configuration: Ground Floor: * 4 Commercial Shops facing the 40 m commercial street * 1 Residential Apartment featuring: * 5 Bedrooms * Living Room * Kitchen * 3 Bathrooms Upper Floors: * 3 Residential Apartments * Each apartment includes: * 4 Bedrooms * Living Room * Kitchen * 3 Bathrooms Property Features: * Elevator-ready (pre-installed infrastructure). * Connected to all essential utilities, including electricity, water, sewage, and fiber-optic internet. * Prime commercial frontage with excellent visibility. * Income-generating property with both residential and commercial units. * Opportunity to add additional floors, subject to local regulations, maximizing future investment returns. Asking Price: SAR 2,800,000