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Carrer d'Aragó, 240 1,689 SF Retail Condo Unit Offered at $973,687 in Eixample, Barcelona 08007
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INVESTMENT HIGHLIGHTS
- Residential building with commercial spaces.
- Consolidated area with all services.
- Central location.
- Good communications.
EXECUTIVE SUMMARY
Residential building with commercial spaces located in a central area with high commercial and service activity.
PROPERTY FACTS
| Total Building Size | 22,669 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 2,519 SF |
| Property Subtype | Year Built | 1980 | |
| Building Class | C | Lot Size | 0.09 AC |
| Total Building Size | 22,669 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 9 |
| Typical Floor Size | 2,519 SF |
| Year Built | 1980 |
| Lot Size | 0.09 AC |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Elevator
- Public Transportation
1 UNIT AVAILABLE
| Unit Size | 1,689 SF | Condo Use | Retail |
| Price | $973,687 | Sale Type | Investment |
| Price Per SF | $576.49 |
| Unit Size | 1,689 SF |
| Price | $973,687 |
| Price Per SF | $576.49 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
157 m2 commercial space.
SALE NOTES
Investing wisely means anticipating value before the market reflects it. This commercial property brings together three key factors that rarely coincide in a single asset: strategic location, indexed recurring income, and real potential for improved profitability in the medium term.
Located in a fully developed urban area with high pedestrian and vehicular traffic, the surroundings combine local commerce, dining, professional services, and excellent public transportation connections. Its immediate area of influence includes educational centers, medical services, residential zones, and commercial hubs that ensure constant activity throughout the day.
The property is part of a representative building from 1900, offering character, presence, and a distinctive image compared to more conventional assets. The space has 139 m² of constructed area, with no common elements, maximizing usable space and facilitating its current and future commercial exploitation.
It is currently leased, generating an annual income of €31,200. The contract stipulates that starting in September 2026, the rent can be updated to market price, providing a clear path for optimizing returns.
Additionally, the rent is updated annually according to the national CPI, using the September index published by the National Institute of Statistics as a reference, with a protection clause ensuring that the update will never be less than 1%, even in low inflation scenarios.
The operating business is "The Spy Shop," specializing in security technology and surveillance accessories, a resilient and highly specialized sector that reinforces the stability of the lease.
This asset is aimed at investors seeking stable cash flow, inflation protection, and solid asset positioning in an area with sustained commercial demand.
Fachada
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Carrer d'Aragó, 240
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