Stall in Mahane Yehuda Market, 4.5 Square Meters, Sold for NIS 1.22 Million

A stall in the Mahane Yehuda market, with an area of 4.5 square meters, a fruit and vegetable stand, and a nearby warehouse were sold for a total of NIS 1.22 million.

A vegetable and fruit stall in the Mahane Yehuda market area in Jerusalem, and a nearby warehouse, were recently sold for a total of approximately NIS 1.22 million. These are two properties that were included in the estate of a recently deceased person.

The stall, with an area of 4.5 square meters, was sold for NIS 920,000. Does that seem high? It turns out it is still below the market average, when the appraiser's estimate was NIS 930,000. The warehouse, with an area of 11 square meters, was sold for NIS 351,000. The appraiser's estimate was NIS 300,000. Together, as mentioned, the sale amount comes to approximately NIS 1.22 million.

The stall and the warehouse are in the market complex itself, adjacent to each other, at the time the sale contract was signed. The warehouse is on Eshkol Street and is not used by the stall's staff but by one of the restaurants in the complex, which pays NIS 1,800 a month for it.