VIVAMALLORCA - Impressive Warehouse with Conversion Project into Flats in Central Palma

Highlights

Unfurnished
City
Historic old building
High ceilings
Bars and restaurants within walking distance

Description

Located just off Calle Olmos, one of Palma’s busiest pedestrian streets, this former printing house offers 568 m² of total space (approx. 468 m² interior + 100 m² private patio). Its discreet entrance leads into an unexpectedly vast interior with 8-meter-high ceilings, oversized windows, and open-span volume ideal for redevelopment. The building has undergone key structural improvements: the roof has been entirely replaced, reinforced, and fitted with skylights for natural light. A proyecto básico has already been submitted for its division into residential units, though its layout also supports alternative commercial uses such as a restaurant, co-working hub, wellness studio, or showroom. The property retains original architectural features, including exposed wooden beams and a restored historical façade. Its location near Plaza España ensures consistent foot traffic year-round, particularly from tourists accessing nearby shops, hotels, and attractions. With flexible zoning potential and strong visibility in one of Palma’s most trafficked corridors, this is a rare opportunity to repurpose a landmark space into a high-yield commercial asset. Show less Show more