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Investment Highlights

  • Main area of Getafe
  • Spacious and in good condition
  • Spacious and in good condition.
  • Profitability investment opportunity
  • Multiple possibilities

Executive Summary

This mixed-use building represents an attractive investment opportunity in the heart of Getafe, one of the most dynamic and well-connected cities in the metropolitan area of Madrid. Located on a main street with high pedestrian and vehicular traffic, the property benefits from excellent visibility and a mix of tenants that generate stable income, with a declared net yield of 5.76%.
The building is distributed across six above-ground floors plus a basement level. The ground through second floors are occupied by a fully operational restaurant with an approximate area of 1,000 m². The fourth floor features a 120 m² office space, while the fifth and sixth floors house a 240 m² duplex penthouse. Additionally, the property includes a basement with five parking spaces, adding value for both tenants and future occupants.
Beyond its income-generating profile, this asset offers flexible usage potential across commercial, office, hospitality, and residential categories. Its location in a prominent urban corridor, surrounded by established businesses and boasting excellent transportation connections, makes it a highly sought-after site with strong growth prospects and long-term value retention.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
16,146 SF
Building Class
B
Year Built
1993
Price
$2,883,639
Price Per SF
$178.60
Cap Rate
5.76%
NOI
$166,098
Percent Leased
Vacant
Building Height
6 Stories
Building FAR
4.53
Lot Size
0.08 AC
Parking
5 Spaces (0.3 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Recessed Lighting
  • Private Bathroom

About CALLE MADRID, 89 , GETAFE, MAD 28902

Complete building located on one of the main and busy streets of Getafe. It is distributed over 6 floors as follows: - Ground floor, first and second floors occupied by a restaurant with dining rooms in operation that occupies 1,000 m2. - Fourth floor with an office of 120 m2. - Fifth and sixth floors with a 240 m2 duplex penthouse. It also has a basement with 5 parking spaces. It represents an investment opportunity in a building with an activity in operation and generating profitability, which also has several uses: commercial, office, hotel and residential. It is in good condition.

Nearby Major Retailers

Mercadona
Caixabank
Unicaja
Abanca
Kutxabank
Ahorramas
Cajamar Caja Rural
Ibercaja
Lidl
Carrefour Hyper
  • Listing ID: 28661621

  • Date on Market: 3/19/2018

  • Last Updated:

  • Address: Calle Madrid, 89, Getafe, Madrid 28902

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