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Avenida Mediterráneo, 42 1,872 SF Retail Condo Unit Offered at $1,560,026 in Retiro, Madrid 28007



Some information has been automatically translated.
Investment Highlights
- Excellent location in the heart of Retiro.
- Just steps away from access to the M-30.
Executive Summary
Residential building located in the heart of the Retiro neighborhood, right on Avenida del Mediterráneo, with a wide variety of shops, supermarkets, banks, clinics, and more.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
174 m2 commercial space.
Sale Notes
Spacious commercial space of 174 m² at street level, located in the well-established Pacífico neighborhood within the Retiro district, one of the most sought-after urban areas in Madrid due to its high residential density and constant economic activity. The property stands out for its excellent visibility, thanks to approximately 8 linear meters of glass façade, which enhances brand exposure and attracts pedestrian traffic.
The space features a completely open-plan layout, allowing for flexible distribution according to the user's needs. There is the possibility of creating multiple rooms, as well as areas designated for customer service, offices, or storage. This versatility makes it particularly suitable for commercial, professional, or service activities that require operational adaptability.
The property is currently in need of renovation, offering a unique opportunity to customize the space from scratch and align it with the business's corporate identity. Its previous use as a bank office provides a functional and representative structural base, with a layout that can facilitate its conversion into various commercial or customer service formats.
The space features a completely open-plan layout, allowing for flexible distribution according to the user's needs. There is the possibility of creating multiple rooms, as well as areas designated for customer service, offices, or storage. This versatility makes it particularly suitable for commercial, professional, or service activities that require operational adaptability.
The property is currently in need of renovation, offering a unique opportunity to customize the space from scratch and align it with the business's corporate identity. Its previous use as a bank office provides a functional and representative structural base, with a layout that can facilitate its conversion into various commercial or customer service formats.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,872 SF | Retail | $1,560,026 ($833.35/SF) | - |
-
| Unit Size |
| 1,872 SF |
| Condo Use |
| Retail |
| Price |
| $1,560,026 ($833.35/SF) |
| NOI |
| - |
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| Unit Size | 1,872 SF |
| Condo Use | Retail |
| Price | $1,560,026 ($833.35/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| 174 m2 commercial space.</li></ul> | |
| Sale Notes | |
| Spacious commercial space of 174 m² at street level, located in the well-established Pacífico neighborhood within the Retiro district, one of the most sought-after urban areas in Madrid due to its high residential density and constant economic activity. The property stands out for its excellent visibility, thanks to approximately 8 linear meters of glass façade, which enhances brand exposure and attracts pedestrian traffic.<br> <br> The space features a completely open-plan layout, allowing for flexible distribution according to the user's needs. There is the possibility of creating multiple rooms, as well as areas designated for customer service, offices, or storage. This versatility makes it particularly suitable for commercial, professional, or service activities that require operational adaptability.<br> <br> The property is currently in need of renovation, offering a unique opportunity to customize the space from scratch and align it with the business's corporate identity. Its previous use as a bank office provides a functional and representative structural base, with a layout that can facilitate its conversion into various commercial or customer service formats.</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 | 28,514 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,757 SF |
| Property Subtype | Apartment | Year Built | 1968 |
| Building Class | C | Lot Size | 0.09 AC |
| Total Building Size | 28,514 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 3,757 SF |
| Year Built | 1968 |
| Lot Size | 0.09 AC |
Amenities
- Bus Line
- Natural Light
Site Amenities
- Close to Public Transportation
- Elevator
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Street View
Street
Map
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Avenida Mediterráneo, 42
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