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Avenida de la Ciudad de Barcelona - Avenida de la Ciudad de Barcelona 1,453 SF Retail Condo Unit Offered at $765,597 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%
Executive Summary
Residential building located in the municipality of Madrid, on Avenida de la Ciudad de Barcelona, within the Retiro district. In its immediate surroundings, you will find Atocha Station, as well as Retiro Park and the Royal Botanical Garden, key cultural and environmental landmarks of the city. The area features a well-established residential fabric with a wide range of services, shops, and urban amenities. The location is well-connected through road networks and public transportation. Nearby, you will find the Menéndez Pelayo metro station (Line 1) and several urban bus lines that link to the city center and other districts. Additionally, the Madrid–Atocha commuter rail station is just a few minutes away. Road access is primarily via the M-30 and A-3 highways, facilitating mobility to various points within the metropolitan area.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 9 |
| Property Subtype | Year Built/Renovated | 1930 - 1939/1990 - 1999 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 9 |
| Year Built/Renovated | 1930 - 1939/1990 - 1999 |
Amenities
Unit Amenities
- Heating
- Instant Hot Water
Site Amenities
- Close to Public Transportation
1 Unit Available
Unit Puerta DR
| Unit Size | 1,453 SF | Condo Use | Retail |
| Price | $765,597 | Sale Type | Investment |
| Price Per SF | $526.91 |
| Unit Size | 1,453 SF |
| Price | $765,597 |
| Price Per SF | $526.91 |
| Condo Use | Retail |
| Sale Type | Investment |
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 net return of 5.4% gross. It is in an excellent location, in a commercial area with good foot traffic, close to Atocha Station and Retiro Park, well connected as it is just a few meters from the Menéndez Pelayo metro and several bus lines, in an area with restaurants, supermarkets, and cafes nearby. Operators in the area include: BM Supermercados, Carrefour Express, Granier, Alain Afflelou, Ranch Burger, Bodegas Casas, Restaurante La Polonesa, Mesón El Segoviano, etc.
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Avenida de la Ciudad de Barcelona - Avenida de la Ciudad de Barcelona
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