Other features: Auto access, Investment opportunity
Other features for industrial space: Three-phase electric power, Partitioning possible, Access doors
Street amenities: Concrete, Street lighting, Public transport
Land amenities: Water, Sewage, Electricity, Gas
Description
Cluj-Napoca | Industrial Asset with Major Redevelopment Potential – Semi-Central Location
A rare industrial asset is currently available on the Cluj-Napoca real estate market, distinguished by its scale, location, and urban planning flexibility—features that are increasingly difficult to replicate in the city’s current context.
The former Renner Tannery, built in 1910, is semi-centrally located at 1 Mai Square no. 4–5, in an area with direct access to major traffic arteries and fast connections to key residential and business districts.
Technical Parameters:
- Total usable area: 11,078 sqm
- Land area: 3,399 sqm
- POT (Land Occupancy Ratio): 91%
- Height regime: Ground floor + 3 floors (G+3)
- Robust industrial structure, suitable for conversion
HGV (truck) access and existing logistics infrastructure
In a city marked by a shortage of large, compact, and well-located spaces, this asset represents a strategic opportunity for large-scale investment.
Investment Advantages:
- Significant built volume with an efficient footprint
- Generous usable interior heights, ranging between 3.87 m and 5 m
- Multiple vertical circulation cores
- Integrated technical areas
- Lower conversion costs compared to a greenfield development
- Accelerated time-to-market
Urban Planning Flexibility
Permitted uses include:
- Offices
- Services
- Collective residential use
- Medical and educational facilities
- Hospitality and tourism
- Cultural and creative industries
- Premium urban production
- Media, film, and R&D
- Mixed-use developments with high ROI potential
This functional versatility reduces investment risk and allows the project to adapt to market dynamics.
Market Context:
- Strong academic and IT ecosystem
- Constant demand for medical and educational services
- Sustained interest in office spaces, alternative residential concepts, and mixed-use projects
The 1 Mai Square area acts as a transition hub between historic industrial platforms and modern urban developments, offering:
- Strong urban visibility
- High accessibility
- Diversified and stable demand
Existing Infrastructure:
- Car and HGV access
- Three-phase electrical power, gas, water, and sewer connections
- Two freight elevators, each with a 4-ton capacity
- One elevator with a 0.5-ton capacity
- Appropriately sized industrial doors
- Functional logistics flows
These elements significantly reduce initial CAPEX requirements and enhance operational efficiency.
Investment Profile:
- Large-scale conversion asset with existing structure
- Reduced investment risk due to urban-use versatility
- Optimized entry costs compared to new developments
- Strong value appreciation potential supported by market fundamentals
Suitable for investors focused on medium- to long-term developments with urban impact and solid returns.
For further information, please do not hesitate to contact us.
Description
Cluj-Napoca | Industrial Asset with Major Redevelopment Potential – Semi-Central Location
A rare industrial asset is currently available on the Cluj-Napoca real estate market, distinguished by its scale, location, and urban planning flexibility—features that are increasingly difficult to replicate in the city’s current context.
The former Renner Tannery, built in 1910, is semi-centrally located at 1 Mai Square no. 4–5, in an area with direct access to major traffic arteries and fast connections to key residential and business districts.
Technical Parameters:
- Total usable area: 11,078 sqm
- Land area: 3,399 sqm
- POT (Land Occupancy Ratio): 91%
- Height regime: Ground floor + 3 floors (G+3)
- Robust industrial structure, suitable for conversion
HGV (truck) access and existing logistics infrastructure
In a city marked by a shortage of large, compact, and well-located spaces, this asset represents a strategic opportunity for large-scale investment.
Investment Advantages:
- Significant built volume with an efficient footprint
- Generous usable interior heights, ranging between 3.87 m and 5 m
- Multiple vertical circulation cores
- Integrated technical areas
- Lower conversion costs compared to a greenfield development
- Accelerated time-to-market
Urban Planning Flexibility
Permitted uses include:
- Offices
- Services
- Collective residential use
- Medical and educational facilities
- Hospitality and tourism
- Cultural and creative industries
- Premium urban production
- Media, film, and R&D
- Mixed-use developments with high ROI potential
This functional versatility reduces investment risk and allows the project to adapt to market dynamics.
Market Context:
- Strong academic and IT ecosystem
- Constant demand for medical and educational services
- Sustained interest in office spaces, alternative residential concepts, and mixed-use projects
The 1 Mai Square area acts as a transition hub between historic industrial platforms and modern urban developments, offering:
- Strong urban visibility
- High accessibility
- Diversified and stable demand
Existing Infrastructure:
- Car and HGV access
- Three-phase electrical power, gas, water, and sewer connections
- Two freight elevators, each with a 4-ton capacity
- One elevator with a 0.5-ton capacity
- Appropriately sized industrial doors
- Functional logistics flows
These elements significantly reduce initial CAPEX requirements and enhance operational efficiency.
Investment Profile:
- Large-scale conversion asset with existing structure
- Reduced investment risk due to urban-use versatility
- Optimized entry costs compared to new developments
- Strong value appreciation potential supported by market fundamentals
Suitable for investors focused on medium- to long-term developments with urban impact and solid returns.
For further information, please do not hesitate to contact us.
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Cluj-Napoca,
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