Building for sale, Via Cantonale 37 (Gambarogno, Switzerland)

SAN NAZZARO
Mixed property with restaurant and 2 apartments.
Just a few minutes from the new Porto Gambarogno on Lake Maggiore with 280 boat moorings (almost all already assigned!).
Ideal location for those who want to combine investment/restaurant/residential with the strong potential generated by the new tourist harbor of Gambarogno.

Short description
– Property on a plot of ca. 687 m², in an intensive residential area, between the cantonal road and the railway.
– Ground floor: historic restaurant with terrace; operational until February 2025, with a surface area of ca. 150 m² and a large outdoor terrace with pergola, stone tables and surrounding walls.
Space suitable for a restaurant also in synergy with the future harbor clientele (residents, boat owners, tourists). Currently in need of renovation.
– First floor: 1 3.5-room apartment and 1 4-room apartment, also to be renovated.


Two purchase options

1. Renovation of the existing property
– Revival of the restaurant and renovation of the 2 apartments.
– Potential annual rental value of ca. 60,000 CHF.
This solution is suitable for
Investors or restaurateurs who want to revive a historic establishment in a strategic location, taking advantage of the new harbor and the proximity to Locarno/Ascona.
Suitable for those looking for a combination of “business + residence” (restaurant on the ground floor, owner/manager accommodation and apartment for rent).

2. Development project
– Demolition and new construction, taking advantage of the building parameters (PR for intensive residential area):
– maximum utilization index 0.70 (currently ca. 0.50, so 30% reserve),
– maximum roof height 10 m, with the possibility of adding a floor (current building ca. 6 m).

Development linked to the new harbor
The Porto Gambarogno (Sass di Sciatt – San Nazzaro area) has about 280 moorings, is in the final stages of construction and represents a strategic investment for the revitalization of the shores of the Gambarogno.
Boat moorings are already very in demand, with almost all moorings either assigned or booked, creating a potential demand for beds, services and restaurants in the surrounding area.

Sources
https://www.gambarogno.ch/Porto-Gambarogno-6bdfe100