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Calle Menéndez Valdés, 13 9,687 SF Retail Condo Unit Offered at $4,949,918 in Gijón, Asturias 33201

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INVESTMENT HIGHLIGHTS

  • High pedestrian and vehicular traffic density.
  • Near San Lorenzo Beach.

EXECUTIVE SUMMARY

Six-story residential building above ground level, featuring a commercial space on the ground floor and apartments on the upper floors. High pedestrian and vehicular traffic density.

PROPERTY FACTS

Total Building Size 34,165 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Typical Floor Size 4,736 SF
Year Built 1950
Lot Size 0.12 AC

1 UNIT AVAILABLE

Unit Size 9,687 SF
Price $4,949,918
Price Per SF $510.99
Condo Use Retail
Sale Type Investment
Cap Rate 5.61%
NOI $277,690.42
DESCRIPTION

Commercial space with a total area of 900 m2, distributed as 494 m2 on the ground floor and 406 m2 in the basement. It features 2 large facades directly facing the public street, spanning over 30 linear meters.

SALE NOTES

Commercial space located in one of the best retail areas in the city of Gijón.

Currently leased under a long-term contract to a tenant with a very well-known brand.

Highly commercial location where renowned brands such as Cortefiel, Women' Secret, and others are predominant.

Modern and central area with high pedestrian and vehicle traffic due to the wide range of activities it offers at all hours. It is very well connected to the rest of the city, with public transportation options nearby.

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  • Listing ID: 36126019

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: Calle Menéndez Valdés, 13, Gijón, Asturias 33201

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