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Avenida de la Ciudad de Barcelona, 29 1,453 SF Retail Condo Unit Offered at $803,475 in Retiro, Madrid 28007

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INVESTMENT HIGHLIGHTS

  • Profitable commercial space
  • Fantastic transport communication
  • Hospitality business with a gross return of 4.17%

PROPERTY FACTS

Total Building Size 42,227 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 9
Typical Floor Size 4,693 SF
Year Built 1930
Lot Size 0.13 AC

AMENITIES

  • Bus Line

UNIT AMENITIES

  • Heating

SITE AMENITIES

  • Close to Public Transportation

1 UNIT AVAILABLE

Unit Puerta DR

Unit Size 1,453 SF
Price $803,475
Price Per SF $552.98
Condo Use Retail
Sale Type Investment
Cap Rate 4.68%
NOI $37,602.62
APN/Parcel ID 2430310VK4723A
DESCRIPTION

Profitable premises for sale located on Avenida de la Ciudad de Barcelona, next to Avenida de Menéndez Pelayo and Calle del Comercio.
Hospitality business with a gross return of 4.17%. It has an area (all on street level) of 134.90 m2. It has a large façade with excellent visibility, terrace and smoke outlet.
It is in an excellent location, in a commercial area with good pedestrian traffic, close to Atocha Station and Retiro Park, well connected just a few meters from the Menéndez Pelayo metro station and several bus lines, in an area with restaurants, supermarkets and cafés all around.
Operators in the area: BM Supermarkets, Carrefour Express, Granier, Alain Afflelou, Ranch Burger, Bodegas Casas, La Polonesa Restaurant, Mesón El Segoviano, etc.

SALE NOTES

Commercial space for sale with profitability, located on Avenida de la Ciudad de Barcelona, near Avenida de Menéndez Pelayo and Calle del Comercio.  
Hospitality business with a 4.68% return.  
It is in an excellent location, in a commercial area with good foot traffic, close to Atocha Station and Retiro Park. Well-connected, just a few steps from the Menéndez Pelayo metro station and several bus lines, in an area surrounded by restaurants, supermarkets, and cafés.  
Operators in the area include: BM Supermarkets, Carrefour Express, Granier, Alain Afflelou, Ranch Burger, Bodegas Casas, Restaurante La Polonesa, Mesón El Segoviano, etc.

Fachada Avd Ciudad de Barcelona, 29
View Photo Fachada Avd Ciudad de Barcelona, 29
  • Listing ID: 35326979

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: Avenida de la Ciudad de Barcelona, 29, Retiro, Madrid 28007

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