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Investment Highlights

  • Building located in a well-established residential area with all services within reach.
  • Well connected by public and private transportation.

Executive Summary

Residential building located in the urban center of the town of Elche, in the province of Alicante. It has 2,130 m² of built area distributed over 4 above-ground floors. It boasts excellent transportation links, making it easy to travel to the city center and nearby towns.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 753 SF
  • Retail
  • $68,809 ($91.38/SF)
  • -
Sale Type Investment or Owner User
Description
A commercial space of 70 m² is available, located at street level, directly across from the Menéndez Pelayo Public School in Elche. The property features a motorized exterior shutter, making daily opening convenient, and a white lacquered aluminum storefront, ideal for displaying products or promotional materials.
Sale Notes
The interior features a bathroom, terrazzo flooring, and high ceilings, and it already has active electricity and water services, making it ready for immediate use. The layout of the space allows it to be adapted to various types of businesses, ranging from small retail shops to professional services.

Its location is one of its main advantages. The property is situated in an area with several nearby parks, urban bus stops, and active businesses, as well as convenient access to the highway. Positioned directly across from an educational center, it is an ideal option for businesses such as stationery stores or kiosks, though it is also suitable for activities like hair salons, beauty services, tattoo studios, and similar services. It was previously used as a leather workshop.

The property offers various acquisition options: purchase, rental, or rent-to-own, providing flexibility for those looking for a space to start or relocate their business.
Unit Unit Size Condo Use Price NOI
Unit - 753 SF Retail $68,809 ($91.38/SF) -

Unit -

Unit Size
753 SF
Condo Use
Retail
Price
$68,809 ($91.38/SF)
NOI
-

Unit -

Unit Size 753 SF
Condo Use Retail
Price $68,809 ($91.38/SF)
NOI -
Sale Type Investment or Owner User
Description
A commercial space of 70 m&#178; is available, located at street level, directly across from the Men&#233;ndez Pelayo Public School in Elche. The property features a motorized exterior shutter, making daily opening convenient, and a white lacquered aluminum storefront, ideal for displaying products or promotional materials.</li></ul>
Sale Notes
The interior features a bathroom, terrazzo flooring, and high ceilings, and it already has active electricity and water services, making it ready for immediate use. The layout of the space allows it to be adapted to various types of businesses, ranging from small retail shops to professional services.<br> <br> Its location is one of its main advantages. The property is situated in an area with several nearby parks, urban bus stops, and active businesses, as well as convenient access to the highway. Positioned directly across from an educational center, it is an ideal option for businesses such as stationery stores or kiosks, though it is also suitable for activities like hair salons, beauty services, tattoo studios, and similar services. It was previously used as a leather workshop.<br> <br> The property offers various acquisition options: purchase, rental, or rent-to-own, providing flexibility for those looking for a space to start or relocate their business.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Building Class C
Floors 4
Year Built 1990 - 1999

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 1,227
  • Listing ID: 38554102

  • Date on Market: 11/24/2025

  • Last Updated:

  • Address: Elche, Alicante 03206

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