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Avenida Portugal 19,461 SF Retail Condo Unit Offered at $1,863,130 in Alcorcón, Madrid 28921

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INVESTMENT HIGHLIGHTS

  • Facade facing two streets.
  • Excellent public transportation access.
  • In the heart of downtown.
  • All services at your fingertips.

EXECUTIVE SUMMARY

Residential building with a commercial space on the ground floor, covering a total area of 5,365 m2 and distributed across 6 above-ground floors. It is well-connected by public transportation, with several urban bus lines, a metro station, and a commuter train station nearby.

PROPERTY FACTS

Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 6
Year Built 1990 - 1999
Parking Yes

AMENITIES

UNIT AMENITIES

  • Instant Hot Water

SITE AMENITIES

  • 24 Hour Access
  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation

1 UNIT AVAILABLE

Unit Puerta 01, Esc. E

Unit Size 19,461 SF
Price $1,863,130
Price Per SF $95.74
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 6.05%
NOI $112,808.65
SALE NOTES

Commercial property with profitability and a total area of 1,808 m2, distributed across a ground floor of 812 m2 and a basement of 996 m2.

It is located in the heart of the municipality, making pedestrian traffic in the area very high.

It is well-connected by public transportation, with several urban bus lines, as well as a metro and commuter train station nearby.

  • Listing ID: 38635858

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: Alcorcón, Madrid 28921

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