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Calle de José del Hierro, 48 2,583 SF Retail Condo Unit Offered at $605,972 in Ciudad Lineal, Madrid 28027
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INVESTMENT HIGHLIGHTS
- Consolidated residential area with good public foot traffic.
- Excellent connection with the M-30 and A-2.
EXECUTIVE SUMMARY
Residential property with 13,202 m2 built, distributed over five above-ground floors located in Quintana. Situated in the Pueblo Nuevo neighborhood, Ciudad Lineal district, Madrid, this is a well-established area with significant commercial activity and excellent connections to the M-30 and A-2. It is well connected by several bus lines and is close to the Pueblo Nuevo (lines 5 and 7) and Ciudad Lineal metro stations.
PROPERTY FACTS
| Total Building Size | 142,105 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 25,855 SF |
| Property Subtype | Apartment | Year Built | 1973 |
| Building Class | C | Lot Size | 0.80 AC |
| Total Building Size | 142,105 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 25,855 SF |
| Year Built | 1973 |
| Lot Size | 0.80 AC |
AMENITIES
UNIT AMENITIES
- Storage Space
- Heating
SITE AMENITIES
- Elevator
- Private Bathroom
1 UNIT AVAILABLE
Unit 18
| Unit Size | 2,583 SF | Condo Use | Retail |
| Price | $605,972 | Sale Type | Investment or Owner User |
| Price Per SF | $234.60 |
| Unit Size | 2,583 SF |
| Price | $605,972 |
| Price Per SF | $234.60 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
The property is distributed over two floors. The ground floor, with access from José del Hierro street, is designated for commercial or customer service areas, featuring an open space, display windows on both facades, a small office, and a restroom. The basement, connected by an interior staircase, is used as storage or service area, with good height and ventilation. The double facade provides great visibility, brightness, and natural ventilation, making the premises easily adaptable to various commercial uses.
SALE NOTES
Sale of a commercial property with profitability located in Quintan. The space is distributed across the ground floor and basement of a multi-family building, with a usable area of 213.16 m2 and a built area of 240.62 m2.
The property features a facade on José del Hierro Street, with a length of 12.38 meters, and on Mandarina Street, with 15.14 meters. The main access is through a door located on José del Hierro Street.
The property is located in the Pueblo Nuevo neighborhood, within the Ciudad Lineal district, a fully developed area with intense commercial activity.
The location on José del Hierro Street offers excellent connections to major access roads, such as the M-30 and A-2, allowing for quick connections to both the center of Madrid and other metropolitan areas.
Regarding public transportation, the area is well-served by several urban bus lines (38, 48, 109, 113, 146, among others) and is just a few minutes' walk from the Pueblo Nuevo metro station (lines 5 and 7). Additionally, the Ciudad Lineal station is nearby, further expanding mobility options.
The immediate surroundings offer a wide variety of services: supermarkets (Mercadona, Lidl), restaurants, cafes, pharmacies, educational centers (San Juan Bautista Public School, Ntra. Sra. de la Merced School), banks, and other businesses that contribute to a constant flow of potential customers.
Sale Conditions
The sale of this property is exclusively directed at legal entities or self-employed professionals in the exercise of their activity.
The property is currently leased, so visits and in-person appraisals are not possible, which could hinder or prevent obtaining mortgage financing, as well as the issuance of the energy efficiency certificate.
The lease agreement may be in arrears or expired, although not terminated. The solvency of the tenant or the payment of future rents is not guaranteed.
The sale price has been set considering the described circumstances, which implies a reduction in the property's value, and must be expressly accepted by the buyer upon formalizing the transfer.
It is recommended that the buyer obtain specialized professional and legal advice before making a purchase decision.
Presented by
Calle de José del Hierro, 48
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