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Investment Highlights

  • Established area.
  • Spacious and versatile space.
  • Good connections.
  • Multiple possibilities.

Executive Summary

Four-story residential building above ground level located in the heart of downtown, next to restaurants, local shops, the post office, and parks. Well-connected location.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,603 SF
  • Retail
  • $193,875 ($120.95/SF)
  • -
Sale Type Investment or Owner User
Description
Four-story residential building above ground level located in the heart of downtown, next to restaurants, local shops, the post office, and parks.
Sale Notes
Commercial space in the central area of Algete. Located right in the heart of the town, next to restaurants, local shops, the post office, and parks.

The property has a total area of 149 m² distributed across two floors.

On the ground floor, there is an open-plan space of 83 m² and a divided bathroom with a shower tray.

The upper floor features three distinct areas: a 30 m² room, an 8 m² office, and a 20 m² kitchen equipped with upper and lower cabinets, which provides access to a 9 m² storage room that includes a shower tray and a toilet.

The space is equipped with air conditioning, ceramic tile flooring, Sapelli wood doors, and smooth paint finishes.
Unit Unit Size Condo Use Price NOI
- 1,603 SF Retail $193,875 ($120.95/SF) -

-

Unit Size
1,603 SF
Condo Use
Retail
Price
$193,875 ($120.95/SF)
NOI
-

-

Unit Size 1,603 SF
Condo Use Retail
Price $193,875 ($120.95/SF)
NOI -
Sale Type Investment or Owner User
Description
Four-story residential building above ground level located in the heart of downtown, next to restaurants, local shops, the post office, and parks.</li></ul>
Sale Notes
Commercial space in the central area of Algete. Located right in the heart of the town, next to restaurants, local shops, the post office, and parks. <br> <br> The property has a total area of 149 m&#178; distributed across two floors. <br> <br> On the ground floor, there is an open-plan space of 83 m&#178; and a divided bathroom with a shower tray. <br> <br> The upper floor features three distinct areas: a 30 m&#178; room, an 8 m&#178; office, and a 20 m&#178; kitchen equipped with upper and lower cabinets, which provides access to a 9 m&#178; storage room that includes a shower tray and a toilet. <br> <br> The space is equipped with air conditioning, ceramic tile flooring, Sapelli wood doors, and smooth paint finishes.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 4
Year Built 1990 - 1999

Amenities

Site Amenities

  • Private Bathroom
  • Listing ID: 37015281

  • Date on Market: 7/30/2025

  • Last Updated:

  • Address: Algete, Madrid 28110

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