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Zona Plaza de Madrid 2,820 SF Retail Condo Unit Offered at $231,315 in Elche, Alicante 03205

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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 1,396 m² of built area distributed across 9 above-ground floors. It boasts excellent transportation links, making it easy to travel to the city center and nearby towns.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	9
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1970 - 1979

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Floors	9
Year Built	1970 - 1979

1 UNIT AVAILABLE

Unit -

Unit Size	2,820 SF	Condo Use	Retail
Price	$231,315	Sale Type	Investment or Owner User
Price Per SF	$82.03

Unit Size	2,820 SF
Price	$231,315
Price Per SF	$82.03
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Street-level commercial space located in the Plaza Madrid area, in the town of Elche, province of Alicante. The property covers a built area of 262 m², of which 212 m² are usable.

SALE NOTES

The property features a spacious open-plan area with high ceilings and a prominent façade, making it easily adaptable for various uses. Its most recent known activity was as a food bazaar.

The location of the property allows for easy street access, making it ideal for commercial use, storage, or any other activity requiring good visibility and accessibility.

Given its size and characteristics, the space could be suitable for businesses needing a large and versatile area or for transformation projects in compliance with regulations.