RESIDENTIAL AND COMMERCIAL BUILDING WITH A RESTAURANT, THREE APARTMENTS AND 5 PARKING SPACES – PAG

For sale is an attractive residential and commercial property with a total area of 475 m², located in the town of Pag on the island of Pag, Croatia.

The property consists of approximately 230 m² of commercial space, currently operating as a fully equipped restaurant, and three separate residential units with a combined area of 245 m².

The property also includes five private parking spaces, representing a significant advantage for both residential and commercial use.

Thanks to its combination of commercial and residential space, the property offers numerous possibilities, from continuing the existing restaurant business to developing various commercial and investment projects.

COMMERCIAL SPACE –  230 m²

The commercial premises are located on the lower level of the building and are currently used as a restaurant.

The entire commercial area was completely renovated, refurbished and equipped approximately one year ago, with particular attention to functionality and the requirements of the hospitality industry.

The premises include:

Restaurant dining and guest service area

Kitchen

Restrooms

Additional auxiliary and storage areas

A particular advantage is the possibility of functionally dividing the commercial space into two separate units:

Larger commercial unit of  170 m²

Smaller commercial unit of 60 m²

This arrangement offers various business opportunities, including operating two different businesses or potentially renting out the units separately, subject to technical requirements and applicable regulations.

The building has a 40 kW three-phase electricity connection, an important feature for commercial activities requiring higher electrical capacity.

Thanks to its size, layout and existing infrastructure, the premises offer the opportunity to continue the restaurant business or adapt the space for other commercial purposes.

RESIDENTIAL AREA – THREE SEPARATE APARTMENTS

The residential section comprises three separate apartments of different sizes, with a combined area of approximately 240–245 m².

APARTMENT 1 – GROUND FLOOR 45 m²

A smaller residential unit consisting of:

Living and sleeping area

Kitchen

Bathroom with toilet

The apartment requires renovation, allowing the future owner to redesign and furnish it according to their preferences.

APARTMENT 2 – GROUND FLOOR 65 m²

The second apartment is located on the ground floor and consists of:

One bedroom

Kitchen

Bathroom with toilet

Additional space offering the possibility of creating another bedroom

This apartment also requires renovation, but its layout offers the potential to create comfortable accommodation for residential use or holiday rentals.

APARTMENT 3 – UPPER FLOOR 130 m²

The largest apartment is situated on the upper floor and features a spacious layout and generous outdoor areas.

It consists of:

Two bedrooms

Kitchen

Bathroom with toilet

Balcony

Large covered terrace

Large uncovered terrace

The apartment requires renovation. Its generous size and outdoor terraces provide an opportunity to create a spacious family residence or attractive holiday accommodation.

PROPERTY CONDITION

The commercial premises were completely renovated and equipped approximately one year ago and are currently operating as a restaurant.

All three residential units require renovation, allowing the buyer to adapt them to their intended purpose and personal preferences.

PARKING AND INFRASTRUCTURE

The property includes five private parking spaces.

Additional advantages:

40 kW three-phase electricity connection

Renovated and equipped commercial premises

Possibility of dividing the commercial area into two functional units

Three separate residential apartments

Large covered and uncovered terraces

Five private parking spaces

Sole ownership (1/1)

Documentation in order

Property sold exclusively as a whole

LOCATION – TOWN OF PAG

The town of Pag is located on the island of the same name and is one of the well-known tourist and cultural destinations in the Zadar region.

Pag is famous for its rich traditions, traditional Pag lace, renowned Pag cheese, historic town centre, beautiful beaches and established tourism industry.

The island is connected to the mainland by the Pag Bridge, providing convenient year-round access.

The property is situated in an attractive location in the town of Pag, suitable for a combination of commercial and residential purposes.

INVESTMENT POTENTIAL

This residential and commercial property represents an interesting opportunity for investors, entrepreneurs and buyers looking for a building with multiple possible uses.

Key investment advantages include:

Approximately 230 m² of commercial space, currently operating as a restaurant

Possibility of dividing the commercial area into two functional units of approximately 170 m² and 60 m²

Three separate apartments that can be renovated for residential use or holiday rentals

Opportunity to combine a privately operated business with income from residential rentals

Five private parking spaces

Attractive location on the island of Pag

The buyer acquires a property with an already renovated commercial section and additional residential space that can be refurbished and adapted to their investment plans.

PRICE: €950,000

For more information or to arrange a viewing, please feel free to contact us. We will be happy to provide you with all the necessary information.