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Investment Highlights

  • Consolidated residential area.
  • Good public transportation connections.

Executive Summary

Residential building with 8 above-ground floors, featuring apartments on upper levels and a large commercial space on the ground floor. The property was built in 1960.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 3,831 SF
  • Retail
  • $1,104,394 ($288.28/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 0583504VK4708D0001DU
Description
Commercial space with an area of 356 m2 distributed in an open-plan layout.
Sale Notes
Excellent commercial space located on Lérida Street, in the heart of the Tetuán district, just a few meters from Bravo Murillo Street. The property is situated in a commercial area of Madrid with high pedestrian traffic and vehicle flow.

It has a total area of 356 m² distributed in an open-plan layout.

The space features a 13-meter linear façade, ceiling height of 3.20 meters, heating, air conditioning, and a storefront. Additionally, it is equipped with a secure metal shutter.

It does not have a smoke extraction system.
Unit Unit Size Condo Use Price NOI
Unit 1 3,831 SF Retail $1,104,394 ($288.28/SF) -

Unit 1

Unit Size
3,831 SF
Condo Use
Retail
Price
$1,104,394 ($288.28/SF)
NOI
-

Unit 1

Unit Size 3,831 SF
Condo Use Retail
Price $1,104,394 ($288.28/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 0583504VK4708D0001DU
Description
Commercial space with an area of 356 m2 distributed in an open-plan layout.</li></ul>
Sale Notes
Excellent commercial space located on L&#233;rida Street, in the heart of the Tetu&#225;n district, just a few meters from Bravo Murillo Street. The property is situated in a commercial area of Madrid with high pedestrian traffic and vehicle flow.<br> <br> It has a total area of 356 m&#178; distributed in an open-plan layout.<br> <br> The space features a 13-meter linear fa&#231;ade, ceiling height of 3.20 meters, heating, air conditioning, and a storefront. Additionally, it is equipped with a secure metal shutter.<br> <br> It does not have a smoke extraction system.</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 29,009 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 8
Typical Floor Size 3,595 SF
Year Built 1960
Lot Size 0.11 AC

Amenities

Site Amenities

  • Security System
  • Doorman
  • Wheelchair Accessible
  • Public Transportation
  • Listing ID: 40735391

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: Calle de Lérida, 5, Tetuán, Madrid 28020

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