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Calle Concepción Arenal, 6 1,076 SF Retail Condo Unit Offered at $768,541 in Centro, Madrid 28004
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INVESTMENT HIGHLIGHTS
- Profitability investment opportunity
- Central area with high commercial activity
- Multiple possibilities
- Good communications
PROPERTY FACTS
| Total Building Size | 26,156 SF | Floors | 6 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,359 SF |
| Property Subtype | Apartment | Year Built | 1940 |
| Building Class | C | Lot Size | 0.09 AC |
| Total Building Size | 26,156 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 4,359 SF |
| Year Built | 1940 |
| Lot Size | 0.09 AC |
AMENITIES
- Bus Line
- Natural Light
SITE AMENITIES
- Close to Public Transportation
- Elevator
1 UNIT AVAILABLE
Unit Puerta DR, Esc. 1
| Unit Size | 1,076 SF | Condo Use | Retail |
| Price | $768,541 | Sale Type | Investment or Owner User |
| Price Per SF | $714.26 |
| Unit Size | 1,076 SF |
| Price | $768,541 |
| Price Per SF | $714.26 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
SALE NOTES
Commercial space located in the heart of Madrid, in the surroundings of Gran Vía.
With 100 m2 distributed over two floors (ground floor and basement), this place has an additional entrance through the neighborhood portal. In addition, it has 2 windows and 7 linear meters of façade that ensure unbeatable visibility.
Currently, the place has a nut license and works as a candy store. The lease agreement with the current tenant is 6 years and meets all contractual conditions, including an amount provided as collateral and the tenant's creditworthiness.
The buyer must respect the contract with the current tenant, a contract that lasts 6 years, with a monthly rent of €2,500.
The tenant has businesses in other locations in Spain.
This place was renovated in December 2023 and has heating, air conditioning and a warehouse.
Its privileged location means that day and night thousands of people can visit it.
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Foto interior
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Calle Concepción Arenal, 6
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