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Calle Canalejas, 1
San Sebastián de los Reyes, Madrid 28700
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Land that allows building 50% of residential housing and 50% for lofts
  • Consolidated residential area with good communication
  • Project submitted to the city council for change of use to residential

PROPERTY FACTS

Property Type
Retail
Building Size
8,127 SF
Building Class
C
Year Built
1992
Building Height
3 Stories
Building FAR
3.61
Lot Size
0.05 AC

AMENITIES

  • Corner Lot
  • Security System
  • Storage Space
  • Private Bathroom
  • Kitchen

ABOUT CALLE CANALEJAS, 1 , SAN SEBASTIÁN DE LOS REYES, MAD 28700

755 m2 commercial building located in San Sebastián de los Reyes. The property is currently equipped as a bar/restaurant, but it complies with the regulations to be able to make a change of use. It thus has a housing and loft project, and the plans were submitted in December 2022 to the town council. The asset is located on a plot that, due to urban planning regulations, must house 50% of residential housing and the other 50% for lofts. The project plans show the possibilities of building houses and lofts for each floor: Ground floor with four one-bedroom lofts and an American kitchen. One of them has a terrace. First floor with four houses with terrace. One of them has a bedroom and terrace on the same floor and the rest is a duplex with two bedrooms (one of them with an undercover terrace). The building's parking lot is located in the basement. Consolidated land with all water supply, water evacuation and electricity supply services. Located in Chaflán, in a consolidated residential area next to the Marina Park. The property has numerous services available (restaurants, shops, pharmacy, institute, etc.) and is just a few minutes' walk from the Reyes Catolicos and Baunatal metro stations.

  • Listing ID: 30134346

  • Date on Market: 11/20/2023

  • Last Updated:

  • Address: Calle Canalejas, 1, San Sebastián de los Reyes, Madrid 28700

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