HOTEL FOR SALE IN THE HOLIEST CITY ON EARTH- JERUSALEM!
The hotel is located right in the heart of the old city directly adjacent to the Machne Yehuda Market, Ben Yehuda Boulevard, the Rehavia neighborhood and so much more.
According to a previously approved plan by Jerusalem’s municipality- a new wing can be built on top of Lot 2 and can be connected to the existing hotel in Lot 1. Additional floors can be added to the existing hotel structure- totaling 11 new floors including commercial floor/center. Affords for a number of options for type of build such as a combination of commerce on the ground floor, hotels and residences on the upper floors above.
2 adjacent plots for sale- (current size 2,288 sqm built on a plot of 517 sqm land area with adjacent open lands of 179 sqm)
Plot #1: Hotel/Commerical building
Plot #2: vacant
Existing building rights to build a commercial/hotel/residential building of 11 floors (6,420 sqm in total)
Potential to receive additional building rights as part of change of zoning!