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Calle de Sajonia, 7 2,529 SF Retail Condo Unit Offered at $756,896 in San Blas - Canillejas, Madrid 28022

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INVESTMENT HIGHLIGHTS

Interesting profitability
Excellent investment opportunity

Near Wanda Metropolitano Stadium

PROPERTY FACTS

Total Building Size	196,377 SF	Typical Floor Size	32,729 SF
Property Type	Multifamily (Condo)	Year Built	1997
Property Subtype	Apartment	Lot Size	1.14 AC
Building Class	C	Parking Ratio	0.76/1,000 SF
Floors	6

Total Building Size	196,377 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	6
Typical Floor Size	32,729 SF
Year Built	1997
Lot Size	1.14 AC
Parking Ratio	0.76/1,000 SF

Bus Line

Natural Light

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	2,529 SF	Condo Use	Retail
Price	$756,896	Sale Type	Investment
Price Per SF	$299.29

Unit Size	2,529 SF
Price	$756,896
Price Per SF	$299.29
Condo Use	Retail
Sale Type	Investment

SALE NOTES

Two adjoining stores are available for rent in the Las Rosas area, very close to the Metropolitan Stadium.
It has a total area of 235 m2 (two corner stores, one of 125 m2 and the other of 110 m2), currently serving typical Madrid food. It has a capacity of 126 people, with a cafeteria area, a main room with a reserved area and a terrace with capacity for 12 tables.
The kitchen is fully equipped and renovated in September 2017.
Rented for three years, with a rental return on the sales price of 7.11% per year, with a serious tenant meeting the agreed date without any impact in recent years.
Fixed Local Expenses
- Community: 115€ per month.
- Rubbish and urban waste: 212€ per year.
- IBI: 1,310€ per year.
- Terrace: 661€ per year.