Commercial premises in Cork city centre listed with guide price of 395000

A two-storey commercial property in Cork city centre has been listed for sale with a guide price of €395,000, irishexaminer.com reported. The premises covers 5,920 square feet, or 550 square metres, and is situated on the corner of St Paul’s Avenue near Lavitt’s Quay. [1]

According to irishexaminer.com, the property is located where vehicles turn off Lavitt’s Quay to reach the multistorey car park next to Paul Street Shopping Centre. The building currently has one tenant and generates €20,000 in annual rental income, with potential to add further tenants. [1]

The Simon Community occupies 2,000 square feet on the top floor under a lease that expires in April 2027, irishexaminer.com reported. An additional 1,000 square feet on the same floor remains vacant, while the ground floor features an open-plan space previously used for flexible working. Ray Swe is acting as the selling agent. [1]

The commercial listing follows other recent property developments in the area. As FTMQ News reported earlier, the ice skating firm ONICE is opening a seasonal ice rink inside the former Dunnes Stores building at Cork's North Main Street Shopping Centre in November. [1][4]