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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.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 2,820 SF
  • Retail
  • $232,084 ($82.30/SF)
  • -
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 premises feature a spacious open area with high ceilings and a good façade, making it easy to adapt to various uses. Its most recent known activity was as a food bazaar.

The property's location allows for easy access from the street, making it suitable for commercial use, as a warehouse, or any other activity requiring good visibility and accessibility.

Given its size and characteristics, the space may be ideal for businesses needing a large and versatile area or for transformation projects in compliance with regulations.
Unit Unit Size Condo Use Price NOI
Unit - 2,820 SF Retail $232,084 ($82.30/SF) -

Unit -

Unit Size
2,820 SF
Condo Use
Retail
Price
$232,084 ($82.30/SF)
NOI
-

Unit -

Unit Size 2,820 SF
Condo Use Retail
Price $232,084 ($82.30/SF)
NOI -
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 m&#178;, of which 212 m&#178; are usable.</li></ul>
Sale Notes
The premises feature a spacious open area with high ceilings and a good fa&#231;ade, making it easy to adapt to various uses. Its most recent known activity was as a food bazaar.<br> <br> The property&#39;s location allows for easy access from the street, making it suitable for commercial use, as a warehouse, or any other activity requiring good visibility and accessibility.<br> <br> Given its size and characteristics, the space may be ideal for businesses needing a large and versatile area or for transformation projects in compliance with regulations.</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
Building Class C
Floors 9
Year Built 1970 - 1979

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 8 - 1,593
  • Listing ID: 38579364

  • Date on Market: 11/26/2025

  • Last Updated:

  • Address: Elche, Alicante 03205

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