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Calle de Máximo Aguirre, 12 4,391 SF Retail Condo Unit Offered at $188,246 in Bilbao, Vizcaya 48011

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INVESTMENT HIGHLIGHTS

  • Mixed-use building in the heart of Abando.
  • Central and commercial location.

EXECUTIVE SUMMARY

Residential property of 4,917 m2 distributed over nine above-ground floors located in Bilbao. This mixed-use building, situated in the heart of the Abando neighborhood, combines collective housing and commercial spaces. Built in 1935, it is in a good state of preservation, reflecting consistent maintenance over the years. The facade, visible in the image, is finished with high-quality exposed brick, featuring decorative elements typical of early 20th-century architecture, such as moldings and balconies with ornamental supports. The exterior windows are made of PVC carpentry and have a symmetrical arrangement on the upper floors. The building has seven levels: basement, semi-basement, ground floor, mezzanine, and five upper floors (first to sixth). The commercial spaces are located on the ground floor and semi-basement, while the collective housing occupies the upper floors, with a total of 19 residential units. Additionally, it has storage rooms on the lower levels, increasing functionality for residents. The main entrance is protected by a metal gate and features a medium-sized lobby with a marble floor, providing an elegant and well-maintained appearance. Access to the residences is via an elevator, facilitating mobility on all floors, and the building has a physical doorman, adding security and efficient community management. Regarding its surroundings, it is located on an active commercial street, surrounded by shops and services, making it ideal for both living and conducting commercial activities. Its central location, along with its functional structure and good maintenance, makes this building a significant urban asset within the Abando landscape.

PROPERTY FACTS

Total Building Size 52,926 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 9
Typical Floor Size 5,393 SF
Year Built 1935
Lot Size 0.17 AC

1 UNIT AVAILABLE

Unit Size 4,391 SF
Price $188,246
Price Per SF $42.87
Condo Use Retail
Sale Type Investment or Owner User
Sale Conditions Auction Sale
DESCRIPTION

Commercial space of 408 m2 located in the basement. It has an area of 395.62 m2 (main space) + 5.23 m2 (access) + 7.01 m2 (access), and has a clear height between 3 and 5 meters.

SALE NOTES

Auction sale of a spacious commercial space located in Bilbao The commercial space is located in the basement of the building at 12 Máximo Aguirre Street, in the Abando neighborhood of Bilbao. Being more than a meter below street level, it is classified as an interior space without a facade or storefront visible from the outside; however, it has independent access from the public road, facilitating customer entry and goods transportation.

It has a clear height of between 3 and 5 meters, offering flexibility for various commercial uses, storage, or activities requiring open spaces. It is in good condition, with no significant structural deficiencies, and its use is classified as C21 (commercial space), with a participation coefficient of 3.00% in the property registry.

The access is independent, with no direct connection to the main entrance, enhancing its autonomy from other uses of the building. Although it does not have a storefront, its strategic location in the heart of Bilbao, in a high commercial activity urban area, makes it ideal for warehouses, workshops, back office spaces, showrooms, or private dining spaces.

Historically, the space has housed a martial arts gym since around 1960, initially for Judo and later known as "Shaolin Monastery."

To participate in the auction: a) Register on Escrapalia Inmuebles. b) Click 'BID' and follow the instructions to make the security deposit (indicated for each lot). It will be refunded if you do not win.

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  • Listing ID: 38853787

  • Date on Market: 12/22/2025

  • Last Updated:

  • Address: Calle de Máximo Aguirre, 12, Bilbao, Vizcaya 48011

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