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Investment Highlights

  • Ground-floor premises.
  • All services in the area.
  • In a well-established residential area.
  • Close to major avenues.

Executive Summary

Residential building with a total area of 1,433 m², distributed across 5 above-ground floors. It is well-connected by public transportation, with access to several urban and intercity bus lines.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 01
  • 3,821 SF
  • Retail
  • $148,840 ($38.95/SF)
  • -
Sale Type Investment or Owner User
Description
Premises of over 355 m² located in the northern part of the city, situated on the corner of Virgen de Covadonga and Vasco de Quiroga streets.
Sale Notes
Premises of over 355 m² located in the northern part of the city, situated on the corner of Virgen de Covadonga and Vasco de Quiroga streets, close to the urban center. The property features a façade on two streets and has independent access points from both, offering greater flexibility for distribution and use.

Currently, the space is divided into several areas. The main section, accessible from the primary entrance, is configured as an open public space and includes two bars and two restrooms. The secondary entrance leads to a private area divided into several large rooms.

The property has an approved project for a change of use, which includes plans for a commercial space and residential unit. According to the available information, the permits and fees associated with the project have already been processed and paid.

Due to its characteristics, size, and layout, the property can be adapted for various tertiary or mixed uses, subject to urban planning regulations and applicable administrative conditions.
Unit Unit Size Condo Use Price NOI
Unit 01 3,821 SF Retail $148,840 ($38.95/SF) -

Unit 01

Unit Size
3,821 SF
Condo Use
Retail
Price
$148,840 ($38.95/SF)
NOI
-

Unit 01

Unit Size 3,821 SF
Condo Use Retail
Price $148,840 ($38.95/SF)
NOI -
Sale Type Investment or Owner User
Description
Premises of over 355 m&#178; located in the northern part of the city, situated on the corner of Virgen de Covadonga and Vasco de Quiroga streets.</li></ul>
Sale Notes
Premises of over 355 m&#178; located in the northern part of the city, situated on the corner of Virgen de Covadonga and Vasco de Quiroga streets, close to the urban center. The property features a fa&#231;ade on two streets and has independent access points from both, offering greater flexibility for distribution and use.<br> <br> Currently, the space is divided into several areas. The main section, accessible from the primary entrance, is configured as an open public space and includes two bars and two restrooms. The secondary entrance leads to a private area divided into several large rooms.<br> <br> The property has an approved project for a change of use, which includes plans for a commercial space and residential unit. According to the available information, the permits and fees associated with the project have already been processed and paid.<br> <br> Due to its characteristics, size, and layout, the property can be adapted for various tertiary or mixed uses, subject to urban planning regulations and applicable administrative conditions.</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 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 5
Year Built 1970 - 1979

Amenities

Site Amenities

  • 24 Hour Access
  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation
  • Listing ID: 41474701

  • Date on Market: 7/29/2026

  • Last Updated:

  • Address: Ávila, Ávila 05005

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