KRW 21.5 Billion
Approx. 1-Minute Walk to Apgujeong Station · 25m+ Road Frontage · Approx. 43 Pyeong Land
Property Overview
| Category | Details |
|---|---|
| Asking Price | KRW 21.5 Billion |
| Land Area | Approx. 142.7㎡ / 43.1 Pyeong |
| Gross Floor Area (GFA) | Approx. 433.08㎡ / 131.0 Pyeong |
| Building | 4 Floors Above Ground + 1 Basement |
| Property Type | Neighborhood Commercial Facility |
| Zoning | Third-Class General Residential Area |
| Completion Date | December 17, 1983 |
| Main Entrance Orientation | Southwest |
| Occupancy | Immediately Available |
| Building Violation | None Reported |
| Restrooms | 4 |
Prime Apgujeong Location
Located along Nonhyeon-ro in Sinsa-dong, Gangnam, this property is approximately a 1-minute walk from Apgujeong Station on Seoul Subway Line 3.
The building fronts a road wider than 25 meters, providing excellent visibility and convenient vehicle access.
Its location also offers easy access to major commercial, medical, educational, and lifestyle facilities surrounding Apgujeong and Sinsa, making it a highly accessible asset within one of Gangnam’s established prime districts.
Key Investment Highlights
01. Approximately 1 Minute from Apgujeong Station
The property is located within exceptionally close walking distance of Apgujeong Station, providing convenient access to major areas of Gangnam and Seoul.
02. Excellent Main-Road Exposure
With frontage along a 25m+ road, the property benefits from strong street visibility and accessibility for both pedestrians and vehicles.
03. Approx. 43-Pyeong Land Parcel
The property offers approximately 142.7㎡ (43.1 pyeong) of land in a prime Gangnam location, allowing investors to consider both the underlying land value and the existing building.
04. Currently Vacant
The building is currently vacant for sale, providing flexibility for an owner-user, new tenant configuration, or future repositioning strategy.
05. Flexible Commercial Use
The building is currently classified as a Neighborhood Commercial Facility and was previously operated with a combination of medical and retail uses.
Potential future uses may be reviewed depending on applicable zoning, building regulations, licensing requirements, and approvals.
Previous Tenant Configuration
The building was previously operated as a combination of medical and retail facilities:
- B1: Medical facility
- 1F: Retail / commercial use
- 2F–4F: Medical facilities
The property is currently vacant.
Long-Term Value & Development Considerations
The property is located within a Third-Class General Residential Area, offering investors an opportunity to review the property’s long-term utilization and potential value-add strategies.
Its prime location near Apgujeong Station, main-road frontage, and relatively compact land size may make it suitable for investors considering renovation, repositioning, or future redevelopment, subject to applicable regulations and feasibility reviews.
Future transportation and development projects in the surrounding area may also affect the long-term characteristics of the neighborhood. Any such plans should be independently verified through official sources, as project schedules and details may change.
Suitable For
- Investors seeking a prime Gangnam property
- Buyers looking for a building near Apgujeong Station
- Investors prioritizing land value and location
- Owner-users seeking a highly accessible commercial building
- Investors considering long-term repositioning or redevelopment strategies
Asking Price
KRW 21.5 Billion
A rare opportunity to acquire a small-scale commercial building in a prime Apgujeong location, approximately one minute from Apgujeong Station and fronting a major road.
Aman Real Estate provides detailed information regarding lease history, comparable transactions, land and building value, development considerations, and on-site conditions.
AMAN REAL ESTATE
Gangnam Property Brokerage · Buildings · Commercial · Land
Disclaimer
All property information is based on available listing materials and property-related documentation and may be subject to change. Zoning, permitted uses, development potential, licensing, building conditions, lease status, and other legal or technical matters should be independently verified through official documents, relevant authorities, and professional due diligence before entering into any transaction.
