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Calle del Arroyo de la Elipa, 4 947 SF Retail Condo Unit Offered at $217,738 in Ciudad Lineal, Madrid 28017


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INVESTMENT HIGHLIGHTS
- Established area with multiple services nearby.
- Easy access to the M-40, M-23, M-30, and A-2.
EXECUTIVE SUMMARY
Residential property with 834 m² of built area distributed across four above-ground floors, located in Pueblo Nuevo. The area is well-established with a mix of residential and commercial character, featuring local shops and nearby shopping centers on both main and secondary streets. It stands out for its strategic location, close to major roads (M-40, M-23, M-30, A-2), the airport, and the Exhibition Center, with access to green spaces, sports facilities, schools, healthcare centers, and other services. The block where the building is located, bordered by Arroyo de la Elipa, Urquiza, Vital Aza, and Gutierre de Cetina, consists of residential buildings in closed blocks, open blocks, and standalone structures. The area is fully developed, with no available plots, featuring properties aged between 30 and 60 years, and urban development completed except for occasional renovations.
PROPERTY FACTS
| Total Building Size | 8,977 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,239 SF |
| Property Subtype | Apartment | Year Built | 1960 |
| Building Class | C | Lot Size | 0.06 AC |
| Total Building Size | 8,977 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 2,239 SF |
| Year Built | 1960 |
| Lot Size | 0.06 AC |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- Private Bathroom
1 UNIT AVAILABLE
Unit Pta. A
| Unit Size | 947 SF | Sale Type | Investment or Owner User |
| Price | $217,738 | Sale Conditions | Auction Sale |
| Price Per SF | $229.92 | APN/Parcel ID | 5560310VK4756B0002DX |
| Condo Use | Retail |
| Unit Size | 947 SF |
| Price | $217,738 |
| Price Per SF | $229.92 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Sale Conditions | Auction Sale |
| APN/Parcel ID | 5560310VK4756B0002DX |
DESCRIPTION
The premises are located at street level and feature a wide facade with large windows.
SALE NOTES
Auction sale of a commercial space measuring 88.5 m2 located in Pueblo Nuevo, Madrid.
The property is at street level and features a wide façade with large windows. It is free of leases and occupants and will be sold vacant.
The area is a well-established residential and commercial zone, with local shops and large shopping centers nearby, both on main streets and some secondary ones. It boasts an excellent location due to its proximity to major transportation routes (M-40, M-23, M-30, A-2), the airport, and the Trade Fairgrounds. Additionally, it offers access to green spaces, sports facilities, schools, healthcare centers, and all necessary services.
The block where the building is located is bordered by Arroyo de la Elipa, Urquiza, Vital Aza, and Gutierre de Cetina streets. It consists of residential buildings in closed blocks, open blocks, and standalone structures. The area is fully developed, with no available plots, and features buildings ranging from 30 to 60 years old, though there are also older and more recent properties. Urban development is complete, except for occasional renovation or replacement projects.
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Calle del Arroyo de la Elipa, 4
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