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Zona Avenida Constitución 699 SF Retail Condo Unit Offered at $193,430 in Alcobendas, Madrid 28100



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Investment Highlights
- Space divided into two independent areas in Alcobendas.
- Potential for conversion to residential use subject to local regulations.
- Proximity to shops, restaurants, schools, and main services.
- A unit currently leased, providing immediate income.
- Equipped with air conditioning and reduced community expenses for greater efficiency.
- Excellent communication via public transportation and main access routes to Madrid.
Executive Summary
Residential building with street-level retail spaces in Alcobendas. The immediate surroundings include educational centers, supermarkets, healthcare facilities, and excellent transportation connections via metro, bus lines, and road access to the A-1 highway leading to central Madrid.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Commercial space of 65 m2 at street level, divided into two independent areas.
Sale Notes
This commercial space in the heart of Alcobendas Centro offers an attractive investment opportunity with immediate profitability and significant long-term potential. Currently, it is divided into two independent areas within 65 m²; one of them is leased, generating income from day one, while the other remains available for occupancy or future adaptation.
Its main advantage is the possibility of converting its use to residential, aligning with the growing demand for flexible housing solutions in well-connected areas. The property features street-level access in an active commercial district, surrounded by shops, restaurants, schools, and all essential services. Alcobendas boasts excellent public transportation connections and quick access to major highways, ensuring great accessibility from Madrid.
This versatile space can accommodate a wide range of uses, such as an office, small retail business, professional services, or future residential projects, always subject to local regulations and permits. Low community fees and the existing air conditioning system enhance operational efficiency. Both investors and end-users will appreciate the combination of current profitability, adaptability, and a central location in a well-established neighborhood with sustained commercial activity.
Its main advantage is the possibility of converting its use to residential, aligning with the growing demand for flexible housing solutions in well-connected areas. The property features street-level access in an active commercial district, surrounded by shops, restaurants, schools, and all essential services. Alcobendas boasts excellent public transportation connections and quick access to major highways, ensuring great accessibility from Madrid.
This versatile space can accommodate a wide range of uses, such as an office, small retail business, professional services, or future residential projects, always subject to local regulations and permits. Low community fees and the existing air conditioning system enhance operational efficiency. Both investors and end-users will appreciate the combination of current profitability, adaptability, and a central location in a well-established neighborhood with sustained commercial activity.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 04 | 699 SF | Retail | $193,430 ($276.72/SF) | - |
Unit Puerta 04
| Unit Size |
| 699 SF |
| Condo Use |
| Retail |
| Price |
| $193,430 ($276.72/SF) |
| NOI |
| - |
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Unit Puerta 04
| Unit Size | 699 SF |
| Condo Use | Retail |
| Price | $193,430 ($276.72/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space of 65 m2 at street level, divided into two independent areas.</li></ul> | |
| Sale Notes | |
| This commercial space in the heart of Alcobendas Centro offers an attractive investment opportunity with immediate profitability and significant long-term potential. Currently, it is divided into two independent areas within 65 m²; one of them is leased, generating income from day one, while the other remains available for occupancy or future adaptation.<br> <br> Its main advantage is the possibility of converting its use to residential, aligning with the growing demand for flexible housing solutions in well-connected areas. The property features street-level access in an active commercial district, surrounded by shops, restaurants, schools, and all essential services. Alcobendas boasts excellent public transportation connections and quick access to major highways, ensuring great accessibility from Madrid.<br> <br> This versatile space can accommodate a wide range of uses, such as an office, small retail business, professional services, or future residential projects, always subject to local regulations and permits. Low community fees and the existing air conditioning system enhance operational efficiency. Both investors and end-users will appreciate the combination of current profitability, adaptability, and a central location in a well-established neighborhood with sustained commercial activity.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1970 - 1979 |
Amenities
Site Amenities
- Public Transportation
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Street
Map
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Zona Avenida Constitución
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