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Calle Alfares 2,110 SF Retail Building Alcorcón, Madrid 28921 $360,223 ($170.74/SF)
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INVESTMENT HIGHLIGHTS
- Commercial building.
- In the heart of downtown.
- Distributed over three floors.
- All necessary services.
EXECUTIVE SUMMARY
Commercial space with a total area of 196 m2 located in the heart of the old town. The space is distributed over three levels: ground floor, mezzanine, and first floor. This property offers interesting versatility in use, as there is the possibility of converting it into residential use, making it an excellent opportunity for both investment and residential development.
Additionally, due to the height of the neighboring building, construction of up to three floors is permitted, opening up a range of options for new building projects. Each floor offers the possibility of accommodating three spacious family residences or, if a more modular configuration is preferred, up to six loft-style studios, with two per floor.
Additionally, due to the height of the neighboring building, construction of up to three floors is permitted, opening up a range of options for new building projects. Each floor offers the possibility of accommodating three spacious family residences or, if a more modular configuration is preferred, up to six loft-style studios, with two per floor.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
< 15,000 SF
Building Class
C
Year Built
1990 - 1999
Price
$360,223
Price Per SF
$170.74
Percent Leased
100%
AMENITIES
- Bus Line
- Storage Space
1 1
NEARBY MAJOR RETAILERS
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Calle Alfares
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