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Investment Highlights

  • Local with multiple deployment options
  • Very good location with a high number of pedestrians nearby
  • Great visual impact from the outside

Executive Summary

Residential building in a central street of El Escorial. Very close to the Villa El Escorial Cultural Center. The 3-storey building (ground floor + 2) has two rooms on the street level.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 01
  • 968 SF
  • Retail
  • $231,511 ($239.16/SF)
  • -
Sale Type Investment
APN/Parcel ID 4632403VK0943S
Description
Open-plan space of 90 m² located at street level.
Sale Notes
Sale of commercial space with the possibility of conversion to residential use (license in process). Commercial property available for sale, located at street level in a residential building situated on a central street in El Escorial, near the Villa El Escorial Cultural Center.

The space has an area of 90 m² and is completely open-plan, except for the section designated for the restroom.

Currently, the property is in its raw state, allowing the future tenant to customize the space according to their needs.

It features a façade facing two streets, offering excellent visual impact from the outside for potential customers and enabling the installation of large display windows, which provide plenty of natural light inside the space.

Ideal for establishing any type of commercial business, including those in the hospitality industry, as it is equipped with a smoke vent.

Additionally, there is an execution project underway for converting the space into a residential property.
Unit Unit Size Condo Use Price NOI
Unit Puerta 01 968 SF Retail $231,511 ($239.16/SF) -

Unit Puerta 01

Unit Size
968 SF
Condo Use
Retail
Price
$231,511 ($239.16/SF)
NOI
-

Unit Puerta 01

Unit Size 968 SF
Condo Use Retail
Price $231,511 ($239.16/SF)
NOI -
Sale Type Investment
APN/Parcel ID 4632403VK0943S
Description
Open-plan space of 90 m&#178; located at street level.</li></ul>
Sale Notes
Sale of commercial space with the possibility of conversion to residential use (license in process). Commercial property available for sale, located at street level in a residential building situated on a central street in El Escorial, near the Villa El Escorial Cultural Center.<br> <br> The space has an area of 90 m&#178; and is completely open-plan, except for the section designated for the restroom.<br> <br> Currently, the property is in its raw state, allowing the future tenant to customize the space according to their needs.<br> <br> It features a fa&#231;ade facing two streets, offering excellent visual impact from the outside for potential customers and enabling the installation of large display windows, which provide plenty of natural light inside the space. <br> <br> Ideal for establishing any type of commercial business, including those in the hospitality industry, as it is equipped with a smoke vent.<br> <br> Additionally, there is an execution project underway for converting the space into a residential property.</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 7,298 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 3
Typical Floor Size 2,433 SF
Year Built 2010
Lot Size 0.04 AC

Amenities

  • Natural Light

Site Amenities

  • Close to Public Transportation
  • Listing ID: 34191406

  • Date on Market: 2/28/2023

  • Last Updated:

  • Address: Calle Fernando VI, 10 A, El Escorial, Madrid 28280

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