RM2 Development Parcel in El Cangrejo

Positioned half a block from Via Argentina, this 990 m² corner property combines a central El Cangrejo location with RM2 zoning and an existing multi-level structure. Offered at USD 990,000, it presents an opportunity to evaluate redevelopment while retaining the flexibility of its current improvements. The parcel includes approximately 5,302 sq. ft. of enclosed construction, or about 492.57 m². The existing structure comprises four apartments together with commercial and operational areas. The property also has five parking spaces, offices, independent areas and operational sections, creating a varied footprint for a buyer to assess. The urban setting is in El Cangrejo, within Bella Vista, and half a block from Via Argentina. The property is described as a corner opportunity in an established residential and commercial area, with accessibility and visibility identified as selling points. Its RM2 zoning and existing mix of residential and commercial spaces invite consideration of a residential project, boutique apartments, medical or educational use, offices, senior living, a wellness center, serviced apartments or mixed-use redevelopment, subject to confirming the applicable approvals. Explore the parcel, existing improvements and zoning potential with your development team. Contact Casanova Realty to arrange a conversation about this El Cangrejo opportunity.