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Avinguda Diagonal 2,206 SF Retail Condo Unit Offered at $1,331,574 in Sant Martí, Barcelona 08018

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INVESTMENT HIGHLIGHTS

Dynamic and commercial area.

Excellent communication by public transport.

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

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	$1,331,574	Cap Rate	5.24%
Price Per SF	$603.61	NOI	$69,774.46
Condo Use	Retail

Unit Size	2,206 SF
Price	$1,331,574
Price Per SF	$603.61
Condo Use	Retail
Sale Type	Investment
Cap Rate	5.24%
NOI	$69,774.46

DESCRIPTION

The premises have a total area of 205 m2, distributed on the ground floor of 123 m2 built and a loft of 80 m2 built. It has a height of more than 3 meters and is equipped with a bar area, a kitchen with a smoke outlet, a warehouse, a toilet and an elevator.

SALE NOTES

Ref.: BCN-INV-015473

Sale with a net yield of 5.24% of a premises fitted out as a restaurant on Diagonal Avenue

Commercial premises intended for a restaurant are for sale, located right on Diagonal Avenue, just a few meters from the Westfield Glòries shopping center and the Agbar Tower. The transaction includes the C3 restaurant license with kitchen (2.3.3.1) and a terrace license for 4 tables. The capacity is 65 diners inside and 16 on the terrace.

The property has an area of 205 m2, distributed over the ground floor (123 m2 built) and mezzanine (80 m2 built), with more than 3 meters in height. It features a bar area, equipped kitchen with smoke outlet, storage, restrooms, and elevator.

The premises are currently leased to a well-known restaurant chain specializing in ramen, with a contract starting in June 2024, lasting 12 years and a mandatory compliance of 30 months, which guarantees stability and a net yield of 5.24%.