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Calle Jerónima Llorente, 1 3,229 SF Retail Condo Unit Offered at $1,503,436 in Tetuán, Madrid 28039

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INVESTMENT HIGHLIGHTS

Local with lots of natural light inside

Completely refurbished

EXECUTIVE SUMMARY

Residential property located in the Bellas Vistas district, Tetuán, Madrid. The property is part of a multi-owner residential building consisting of 7 floors with a total area of approximately 1,410 m2 and a typical floor area of 201 m2 per floor. It was built in 1967 and is situated in a well-established urban environment with nearby services, shops, and public transportation (including several bus lines and nearby metro stations such as Estrecho and Francos Rodríguez). The building is located in an area that mixes residential and commercial spaces, with a high population density and a variety of neighborhood amenities. Jerónima Llorente Street runs parallel to Bravo Murillo and connects with important urban axes of the district, facilitating communication with the rest of the city.

PROPERTY FACTS

Total Building Size	15,177 SF	Floors	7
Property Type	Multifamily (Condo)	Typical Floor Size	2,164 SF
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1967
Building Class	B	Lot Size	0.05 AC

Total Building Size	15,177 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	B
Floors	7
Typical Floor Size	2,164 SF
Year Built	1967
Lot Size	0.05 AC

UNIT AMENITIES

Heating

Instant Hot Water

SITE AMENITIES

Public Transportation

1 UNIT AVAILABLE

Unit Puerta I

Unit Size	3,229 SF	Condo Use	Retail
Price	$1,503,436	Sale Type	Investment or Owner User
Price Per SF	$465.60	APN/Parcel ID	0386501VK4708E0001JH

Unit Size	3,229 SF
Price	$1,503,436
Price Per SF	$465.60
Condo Use	Retail
Sale Type	Investment or Owner User
APN/Parcel ID	0386501VK4708E0001JH

DESCRIPTION

The place consists of three floors connected to each other, a ground floor with lots of light, a basement with good height plus a first floor that gives greater space and possibilities to the room. Each floor has approximately 100 m2, making a total of 300 m2.

SALE NOTES

Commercial corner with façade to Francos Rodríguez and Jerónima Llorente 1 streets. It is located in a privileged location, with a lot of foot traffic, since it is part of a very commercial ecosystem with a lot of people. Francos Rodríguez is one of the commercial arteries of the Tetuán neighborhood, between no less than two of the main retail streets, such as Lope de Haro and Bravo Murillo.
The stretch in which it is located is very lively both in the residential aspect and because of the variety of shops and services that integrate it.
The place has a very unique aesthetic, with the roof, it recreates the style of old inns, giving it a great presence thanks also to its extraordinary corner façade.
The condition of the premises is good on the ground floor, it would only need adaptation to the new business format and a variety of alternatives for use. It also has an entrance through the residential building.
The place consists of three floors connected to each other, a ground floor with lots of light, a basement with good height plus a first floor that gives greater space and possibilities to the room. Each floor has approximately 100 m2, making a total of 300 m2.
Currently empty, being the last business to operate a coffee shop. It has no smoke outlet.
The three floors of the premises are spacious and diaphanous with easy integration into the business that you plan to carry out, since their morphology makes it very flexible and the good size of the plants welcomes the diversity of businesses to be implemented.
Depending on its use, it will have to be adapted to comply with current regulations.