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

SAN NAZZARO
Mixed property with restaurant and 2 apartments.
A few minutes from the new Port of Gambarogno on Lake Maggiore with 280 berths (almost all already assigned!).
Ideal location for those who want to combine investment/catering/residential with the strong potential generated by the new Gambarogno marina.

Short description
- Properties on parcel of approx. 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 an area of approx. 150 m² and large outdoor terrace with pergola, stone tables and boundary walls.
Spaces suitable for restaurants also in synergy with the future clientele of the port (residents, boat owners, tourists). To date, it needs renovation work.
- First floor: 1 apartment with 3.5 rooms and 1 apartment with 4 rooms, also to be restored.


Two purchase options

1. Recovery of the existing
- Relaunch of the restaurant and renovation of the 2 apartments.
- Total potential imputed rental value approx. 60,000 CHF/year.
Who is this solution suitable for?
Investor or restaurateur who wants to relaunch a historic restaurant in a strategic position, taking advantage of the induced activities of the new port and the proximity to Locarno / Ascona.
Subject looking for a "business + housing" combination (restaurant on the ground floor, owner/manager accommodation and apartment to rent).

2. Development Operation
- Demolition and new construction using building parameters (PR intensive residential zone):
- maximum utilization index 0.70 (today approx. 0.50, therefore 30% reserve),
- maximum height at the eaves 10 m, with the possible addition of a floor (current building approx. 6 m).

Enhancement linked to the new port
The Gambarogno Port (Sass di Sciatt – San Nazzaro area) provides for about 280 berths, is in the final phase of construction and represents a strategic investment for the redevelopment of the banks of the Gambarogno.
Berth bookings are already very high, with practically all places assigned or reserved, creating a potential demand for berths, services and catering in the surrounding area.

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