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Calle Orense, 8 1,506 SF Retail Condo Unit Offered at $1,554,447 in Tetuán, Madrid 28020

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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
| Sale Type | Investment or Owner User |
| 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.
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 |
| - |
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| 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 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. <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 | Floors | 14 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 7,125 SF |
| Property Subtype | Apartment | Year Built | 1971 |
| Building Class | C | Lot Size | 0.30 AC |
| 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
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Street
Map
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Calle Orense, 8
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