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Calle de Ponzano, 83 1,797 SF Retail Condo Unit Offered at $989,534 in Chamberí, Madrid 28003
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INVESTMENT HIGHLIGHTS
- Busy and commercial area.
- Good public transportation access.
EXECUTIVE SUMMARY
Residential property with 764 m² of built area distributed across five above-ground floors, located in the Nuevos Ministerios - Las Rosas area. Situated on Ponzano Street, between María de Guzmán and Maudes. This is a highly frequented residential area, surrounded by shops, bank branches, and hospitality establishments. It boasts excellent public transportation connections: several EMT bus lines, Ríos Rosas and Nuevos Ministerios Metro stations, as well as the Nuevos Ministerios Renfe station. The Ponzano Alenza parking facility is also just a short distance away.
PROPERTY FACTS
| Total Building Size | 8,224 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,314 SF |
| Property Subtype | Apartment | Year Built | 1928 |
| Building Class | C | Lot Size | 0.07 AC |
| Total Building Size | 8,224 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 2,314 SF |
| Year Built | 1928 |
| Lot Size | 0.07 AC |
AMENITIES
- Bus Line
SITE AMENITIES
- Close to Public Transportation
- Elevator
1 UNIT AVAILABLE
Unit Puerta 01
| Unit Size | 1,797 SF | Condo Use | Retail |
| Price | $989,534 | Sale Type | Investment |
| Price Per SF | $550.66 |
| Unit Size | 1,797 SF |
| Price | $989,534 |
| Price Per SF | $550.66 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Industrial warehouse, with a graphic area of 213 m2, located at street level on the ground floor of a residential building located on Carrer de Ponzano, in the Chamberí district of Madrid capital.
It is distributed on a ground floor of 178 m2, with a patio of 18 m2 and a mezzanine of 17 m2. The place is completely open plan and has easy access from the street.
Due to its large skylights and ceiling height, they make the place a bright place and give it a special atmosphere as well as lots of light and clarity. It has no smoke outlet, and it is a versatile space, so there is the possibility of opening almost any type of business. It formerly operated as a mechanical workshop.
The area is one of the best hospitality areas in the capital and has high road and pedestrian traffic, in an area surrounded by offices and very close to Nuevos Ministerios, so it has good communications. Located in a residential neighborhood with a high purchasing level, it has a wide gastronomic offer throughout the day.
SALE NOTES
Sale of a commercial property with a 5.6% yield: Local/warehouse of 166.56 m² located on Ponzano Street, in the Chamberí district.
The space has recently been leased to a sports center, offering a 5.6% return. The lease agreement is for 10 years.
The property is distributed across a ground floor of 158.78 m² and a mezzanine of 7.78 m². It is completely open-plan and offers easy street access.
While it does not have a smoke vent, the space is versatile and suitable for a wide range of business types. It previously held a workshop license.
Located in a high-traffic area with all kinds of services and shops, it is surrounded by a wide variety of leisure and hospitality establishments.
Fachada
Fachada
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Morgan Alliance Consulting Inmobiliario
Presented by
Calle de Ponzano, 83
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