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Investment Highlights

  • Profitability investment opportunity
  • Ideal as a professional office
  • Completely renovated premises
  • Busy area

Executive Summary

13-story residential building above ground with street-level commercial spaces. Established area with good transportation links.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 753 SF
  • Retail
  • $231,600 ($307.57/SF)
  • -
Sale Type Investment
Description
The premises have a surface area of 70 m2, with 35 m2 on the ground floor at street level and 35 m2 in the basement.
Sale Notes
Owner directly markets excellent commercial space in profitability (gross annual return of 5%) with shop windows and access from two streets (Calle Argentina and Calle Elfo).
Currently leased to a health insurance franchise.
It is located in a very commercial area surrounded by premises in use and with a lot of activity. It has an area of 35 m2 on the floor at street level and 35 m2 in the basement. It has a toilet in the basement.
Ideal for any type of business and retail, agency, office, workspace, pilates center, etc.
Recently updated finishes and closures in perfect condition.
Unit Unit Size Condo Use Price NOI
- 753 SF Retail $231,600 ($307.57/SF) -

-

Unit Size
753 SF
Condo Use
Retail
Price
$231,600 ($307.57/SF)
NOI
-

-

Unit Size 753 SF
Condo Use Retail
Price $231,600 ($307.57/SF)
NOI -
Sale Type Investment
Description
The premises have a surface area of 70 m2, with 35 m2 on the ground floor at street level and 35 m2 in the basement.</li></ul>
Sale Notes
Owner directly markets excellent commercial space in profitability (gross annual return of 5%) with shop windows and access from two streets (Calle Argentina and Calle Elfo).<br> Currently leased to a health insurance franchise.<br> It is located in a very commercial area surrounded by premises in use and with a lot of activity. It has an area of 35 m2 on the floor at street level and 35 m2 in the basement. It has a toilet in the basement.<br> Ideal for any type of business and retail, agency, office, workspace, pilates center, etc.<br> Recently updated finishes and closures in perfect condition.</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 72,377 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 13
Typical Floor Size 5,565 SF
Year Built 1960
Lot Size 0.13 AC

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 30170127

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: Calle Elfo, 76, Ciudad Lineal, Madrid 28027

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