Commercial property for Sale

Just 15 minutes from the center of Foligno, in Pale, one of the most characteristic villages of Umbria famous for its beautiful excursions, the pleasant climate in summer (476 asl) the Altolina Natural Park and the famous Menotre waterfalls, for sale historical complex of particular value (former paper mill and noble residence) formed by various structures all connected, for a total of approx. sq.mt 1,400 (6,300 cubic meters). The real estate complex built in various centuries on 5 levels has been totally renovated and consolidated according to strict anti-seismic canons and under the supervision of the Archaeological Superintendence, Fine Arts and Landscape of Umbria and is in the rough finish state.
At the lower level, along the course of the river that flows constantly all year round alongside the buildings, there are the rooms that since the fourteenth century have housed machines that used the mechanical energy of water to produce cloth and then paper and where in 1920 a hydroelectric power station was built to serve the paper mill. This hydroelectric plant, having already submitted the necessary authorizations and concessions, can now be reactivated guaranteeing an annual power of 25,000 kWh for an income of around € 46,000/year.
Going up one level, also connected by tunnels and ancient natural caves, there are the premises with the machinery for the production of paper and the ancient stone tanks, a rare testimony of industrial archeology. At the height of the first waterfall of the river is the XIX century paper mill which is spread over three floors with two large halls, one of which is on a mezzanine. In the central part of the structure, there is the palace built in the seventeenth century by the noble owners of the time who elected it to their residence. The monumental complex is completed by a small church with an original XVII century facade and a newly renovated apartment with large terraces, garden and fabulous panoramic views.
The property insists on a plot of 7,560 sq m. of which approximately 1,000 can be used for parking.
The current urban destination is residential-factory, but the structure is well suited to a transformation into accommodation / co-housing / restaurant / wellness center / museum, taking advantage of the lack of such structures on site and the naturalistic features of the place that make Pale is an increasingly popular destination for those who love trekking and sport fishing and canoeing along the river.
Over the centuries, the property has been owned by noble Umbrian families and has hosted illustrious personalities and royalty of the time. In the ancient paper mill now for sale, in the mid-fourteenth century was produced the precious paper of the first edition of the Divina Commedia. The property has been declared of particularly interest and is bound by the DL 490 of 1999.
Distances in Km. From the property: Foligno 10, Spello 15, Assisi 25, Spoleto 33, Perugia 43, Lake Trasimeno 68, Ancona 145, Rome 165.
Price upon request. Partial exchange may be considered.