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Calle de Carlos Arniches, 25 624 SF Retail Condo Unit Offered at $343,515 in Centro, Madrid 28005

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INVESTMENT HIGHLIGHTS
- Profitable sales
- Located in the heart of Madrid's Rastro
- Excellent communications by public transport
- Renovated commercial space
- Current use of hairdressing
PROPERTY FACTS
| Total Building Size | 15,888 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,175 SF |
| Property Subtype | Apartment | Year Built | 1920 |
| Building Class | C | Lot Size | 0.09 AC |
| Total Building Size | 15,888 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 3,175 SF |
| Year Built | 1920 |
| Lot Size | 0.09 AC |
AMENITIES
- Bus Line
SITE AMENITIES
- Close to Public Transportation
1 UNIT AVAILABLE
Unit Puerta DR
| Unit Size | 624 SF | Condo Use | Retail |
| Price | $343,515 | Sale Type | Investment |
| Price Per SF | $550.50 |
| Unit Size | 624 SF |
| Price | $343,515 |
| Price Per SF | $550.50 |
| Condo Use | Retail |
| Sale Type | Investment |
SALE NOTES
In the heart of El Rastro in Madrid, a profitable place is being sold in perfect condition and with a recent design reform.
It is currently leased for use as a hairdresser and the rent amounts to 1,077 €/month, which can be updated annually every January with the CPI corresponding to the previous year.
The current tenant is a serious professional and very solvent in her activity. The lease expires on January 1, 2025.
The place has two rooms, a bathroom and a patio for use and enjoys approximately 15 m2 in addition to the 58 m2 of surface area of the premises.
The place is located on Carlos Arniches street, parallel to Ribera de Curtidores street, one of the main arteries of the Madrid Rastro. It also has two entrances, one direct from the street (the place is located at street level) and the other from inside the building portal through which the rest of the neighbors access their homes.
On Sundays there is a traffic of approximately 30,000 people. It has mains water (hot and cold), electricity, air conditioning and heating services.
Excellent opportunity for investors looking for profitable premises. The premises, having access from the portal and from the street, could be used as a house or tourist apartment.
Direct sale owner. Real estate agencies are requested to refrain from contacting.
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Calle de Carlos Arniches, 25
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