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Avinguda Diagonal 2,206 SF Retail Condo Unit Offered at $1,318,338 in Sant Martí, Barcelona 08018

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INVESTMENT HIGHLIGHTS
- Dynamic and commercial area.
- Excellent public transportation access.
EXECUTIVE SUMMARY
Residential property of 14,251 m² with seven above-ground floors located in San Martí. Situated in one of the most dynamic and strategic sections of Diagonal Avenue, right in the heart of Barcelona's Eixample district. This location stands out for its excellent connectivity, with access to multiple metro, tram, and bus lines, as well as its proximity to iconic areas such as Passeig de Gràcia and Plaça de les Glòries. The surrounding area offers a mix of offices, shops, restaurants, hotels, and a wide range of services, creating a constant flow of residents, professionals, and visitors. This is a prime address within the city's main business and commercial hub.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 2000 - 2009 |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 7 |
| Year Built | 2000 - 2009 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Storage Space
- Eat-in Kitchen
- Kitchen
- Oven
SITE AMENITIES
- Private Bathroom
1 UNIT AVAILABLE
| Unit Size | 2,206 SF | Sale Type | Investment |
| Price | $1,318,338 | Cap Rate | 5.24% |
| Price Per SF | $597.61 | NOI | $69,080.90 |
| Condo Use | Retail |
| Unit Size | 2,206 SF |
| Price | $1,318,338 |
| Price Per SF | $597.61 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.24% |
| NOI | $69,080.90 |
DESCRIPTION
The property has a total area of 205 m2, distributed between a ground floor of 123 m2 and a mezzanine of 80 m2. It features a height of over 3 meters and is equipped with a bar area, kitchen with smoke extraction, storage room, restrooms, and an elevator.
SALE NOTES
Ref.: BCN-INV-015473
Sale with a net return of 5.24% for a commercial space fitted out as a restaurant on Diagonal Avenue
Commercial property for sale, currently operating as a restaurant, located on the prestigious Diagonal Avenue, just a few steps from the Westfield Glòries shopping center and the Agbar Tower. The sale includes a C3 restaurant license with kitchen (2.3.3.1) and a terrace license for 4 tables. The capacity is 65 diners indoors and 16 on the terrace.
The property has a total area of 205 m², distributed between the ground floor (123 m² built) and a mezzanine (80 m² built), with ceilings over 3 meters high. It features a bar area, fully equipped kitchen with smoke extraction, storage space, restrooms, and an elevator.
The space is currently leased to a well-known restaurant chain specializing in ramen, with a lease starting in June 2024. The contract has a 12-year term with a mandatory compliance period of 30 months, ensuring stability and a net return of 5.24%.
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Presented by
Avinguda Diagonal
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