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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
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
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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  • Listing ID: 34191559

  • Date on Market: 4/17/2023

  • Last Updated:

  • Address: Calle de Carlos Arniches, 25, Centro, Madrid 28005

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