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Avenida de las Castañeras, 34 2,012 SF Retail Condo Unit Offered at $615,870 in Arroyomolinos, Madrid 28939
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Investment Highlights
- Residential and commercial area with good visibility.
- Immediate environment with all the necessary day-to-day services at hand.
Executive Summary
Residential property of 5,513 m2 built distributed over three floors above ground located in Arroyomolinos. Location on one of the main roads in the town. It is a consolidated residential area with a wide range of shops, services and equipment. Its excellent connection to the main roads of the municipality favors both local traffic and access from other areas in the southwest of Madrid.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 187 m2 on the ground floor, with direct access from the street and façade to one of the main avenues of Arroyomolinos. The property is in good condition and has a versatile configuration, suitable to adapt to commercial activities, offices, services or public service.
Sale Notes
Commercial property for sale in Arroyomolinos, located on Avenida de las Castañeras, with a surface area of 187 m² and in good condition.
Its most recent use was as a bank office, though it offers great potential to be adapted for a variety of commercial or service-related activities.
The property has direct street access and is situated in a strategic location within the municipality, in a well-established area with high economic activity. While some renovation work may be needed depending on the intended use, the layout allows for easy adaptation to different purposes. The area combines a strong residential character with the presence of shops, offices, and financial institutions, experiencing significant vehicular traffic and moderate pedestrian flow. Additionally, it serves as one of the main connection routes between different parts of the town and the traditional urban center.
Its most recent use was as a bank office, though it offers great potential to be adapted for a variety of commercial or service-related activities.
The property has direct street access and is situated in a strategic location within the municipality, in a well-established area with high economic activity. While some renovation work may be needed depending on the intended use, the layout allows for easy adaptation to different purposes. The area combines a strong residential character with the presence of shops, offices, and financial institutions, experiencing significant vehicular traffic and moderate pedestrian flow. Additionally, it serves as one of the main connection routes between different parts of the town and the traditional urban center.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 2,012 SF | Retail | $615,870 ($306.10/SF) | - |
-
| Unit Size |
| 2,012 SF |
| Condo Use |
| Retail |
| Price |
| $615,870 ($306.10/SF) |
| NOI |
| - |
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| Unit Size | 2,012 SF |
| Condo Use | Retail |
| Price | $615,870 ($306.10/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 187 m2 on the ground floor, with direct access from the street and façade to one of the main avenues of Arroyomolinos. The property is in good condition and has a versatile configuration, suitable to adapt to commercial activities, offices, services or public service.</li></ul> | |
| Sale Notes | |
| Commercial property for sale in Arroyomolinos, located on Avenida de las Castañeras, with a surface area of 187 m² and in good condition. <br> <br> Its most recent use was as a bank office, though it offers great potential to be adapted for a variety of commercial or service-related activities. <br> <br> The property has direct street access and is situated in a strategic location within the municipality, in a well-established area with high economic activity. While some renovation work may be needed depending on the intended use, the layout allows for easy adaptation to different purposes. The area combines a strong residential character with the presence of shops, offices, and financial institutions, experiencing significant vehicular traffic and moderate pedestrian flow. Additionally, it serves as one of the main connection routes between different parts of the town and the traditional urban center.</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 | 59,341 SF | Typical Floor Size | 17,534 SF |
| Property Type | Multifamily (Condo) | Year Built | 2003 |
| Property Subtype | Apartment | Lot Size | 1.03 AC |
| Building Class | B | Parking Ratio | 0.79/1,000 SF |
| Floors | 3 |
| Total Building Size | 59,341 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 17,534 SF |
| Year Built | 2003 |
| Lot Size | 1.03 AC |
| Parking Ratio | 0.79/1,000 SF |
Amenities
Site Amenities
- Close to Public Transportation
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Avenida de las Castañeras, 34
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