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Avenida Cerro Alarcón, 28 4,844 SF Retail Building Valdemorillo, Madrid 28210 For Sale

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INVESTMENT HIGHLIGHTS

  • For sale 4 premises and a plot of 3,222.7 m2
  • Possibility of selling an owning company
  • Desirable joint sale
  • Land uses: commercial, meeting and entertainment, offices (professional offices) and sanitary
  • The premises make it possible to build 2 additional floors
  • Negotiable price with the possibility of independent purchase of large premises
  • Possibility to search for a developer to request a change of use to residential

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
4,844 SF
Building Class
C
Year Built
1989
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.80 AC

AMENITIES

  • Bus Line
  • Storage Space
  • Private Bathroom

ABOUT AVENIDA CERRO ALARCÓN, 28 , VALDEMORILLO, MAD 28210

Available for sale of land and premises to be renovated in a commercial area with commercial premises, offices and other uses. The 3,227 m2 plot has many possibilities and includes 4 commercial premises of: 194 m2, 183 m2, 45 m2 and 17.13 m2. In addition, the company owns additional m2 available for other projects that would also be for sale. You want to sell everything together and therefore the price is so competitive, although other types of proposals could be considered. The premises are in very poor condition but could be renovated and an upper floor and a lower basement could be built, in accordance with the ordinance subject to this commercial area. They have been closed for about 18 years. Location in the first phase of the Cerro Alarcón Civic Urbanization Center, consisting of: a 596.98 m2 building (where the premises are located) and a 4,387 m2 farm. Multiple operating possibilities depending on the use: commercial (restaurants, supermarkets, shops, nursery), garages and car parks, meetings and shows, offices (professional offices), healthcare (offices, dispensaries, pharmacies). Buildability coefficient of 0.30 and occupancy per floor 15%. The property is located at the entrance of the Cerro Alarcón Urbanization, in Valdemorillo, 40 minutes from Madrid. This development has a bus service and is one of the largest in the area, with more than 3,000 chalets. In addition, there is a large influx of people from outside the Urbanization, because it has a swamp and reservoir ideal for practicing sports, where several water skiing championships have been held. In the urbanization there are currently few services and there is a growing demand for services from families who are currently not satisfied. Offers of all kinds are accepted, and the first desirable option is to sell the complex (all the indicated premises, available construction area and land), although any other offer will be valued. You could also consider renting with an option to buy or the transfer for renovation and operation of them, including the demolition and construction of other types of businesses, such as professional offices or attempting to change their use to residential. We are open to considering any win-win option.

  • Listing ID: 34185940

  • Date on Market: 11/10/2020

  • Last Updated:

  • Address: Avenida Cerro Alarcón, 28, Valdemorillo, Madrid 28210

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