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Investment Highlights

  • Excellent location in central and busy shopping area
  • A few minutes from Nuevos Ministerios
  • Possibility of installation of terrace

Executive Summary

Property located in Azca, the capital's quintessential financial center with numerous local shops, chains and luxury brands, as well as a growing range of restaurants with terraces.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,506 SF
  • Retail
  • $1,554,447 ($1,032.17/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Versatile commercial space of 140 m². The property is distributed across two floors and comes with an activity license and smoke extraction system. Additionally, it features two separate bathrooms and is equipped with air conditioning and heating. Its ideal use would be as a restaurant, given its characteristics and the potential to set up a terrace upon request.

Excellent location in the Azca area, the largest concentration of commerce and offices in Madrid. The space is situated in a central, high-traffic area with numerous shops and is just minutes away from Nuevos Ministerios.
Unit Unit Size Condo Use Price NOI
- 1,506 SF Retail $1,554,447 ($1,032.17/SF) -

-

Unit Size
1,506 SF
Condo Use
Retail
Price
$1,554,447 ($1,032.17/SF)
NOI
-

-

Unit Size 1,506 SF
Condo Use Retail
Price $1,554,447 ($1,032.17/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Versatile commercial space of 140 m&#178;. The property is distributed across two floors and comes with an activity license and smoke extraction system. Additionally, it features two separate bathrooms and is equipped with air conditioning and heating. Its ideal use would be as a restaurant, given its characteristics and the potential to set up a terrace upon request. <br> <br> Excellent location in the Azca area, the largest concentration of commerce and offices in Madrid. The space is situated in a central, high-traffic area with numerous shops and is just minutes away from Nuevos Ministerios.</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 99,749 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 14
Typical Floor Size 7,125 SF
Year Built 1971
Lot Size 0.30 AC

Amenities

Site Amenities

  • Doorman
  • Elevator
  • Listing ID: 28663150

  • Date on Market: 5/22/2017

  • Last Updated:

  • Address: Calle Orense, 8, Tetuán, Madrid 28020

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