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Zona Sector V - El Canal 1,097 SF Retail Condo Unit Offered at $87,469 in Elche, Alicante 03204
Some information has been automatically translated.
Investment Highlights
- Building located in a well-established residential area with all services within easy reach.
- Well connected through public and private transportation.
Executive Summary
Residential building located in the Altabix neighborhood, within the Altabix-University district, in the city of Elche, province of Alicante. It has 2,532 m2 of built area distributed over 6 floors above ground. 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
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 102 square meters built, with 92 square meters of usable area, located on the ground floor of a residential building in the urban center of the town of Elche, in the province of Alicante.
Sale Notes
Premises designated for a change of use, with community approval for both the change and the installation of a smoke extraction system.
Located near the Mercadona on Pedro Juan Perpiñán. Currently, it is an open-plan space.
The community has agreed to authorize both the change of use and the installation of the smoke extraction system. The drafting and execution of the necessary project to carry out the change of use and the corresponding installation are still pending.
Additionally, it is noted that repair work on pillars and parts of the façade is required. These repairs will need to be undertaken by the future buyer.
A visit can be arranged to assess the characteristics and possibilities of the premises.
Located near the Mercadona on Pedro Juan Perpiñán. Currently, it is an open-plan space.
The community has agreed to authorize both the change of use and the installation of the smoke extraction system. The drafting and execution of the necessary project to carry out the change of use and the corresponding installation are still pending.
Additionally, it is noted that repair work on pillars and parts of the façade is required. These repairs will need to be undertaken by the future buyer.
A visit can be arranged to assess the characteristics and possibilities of the premises.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 1,097 SF | Retail | $87,469 ($79.73/SF) | - |
Unit -
| Unit Size |
| 1,097 SF |
| Condo Use |
| Retail |
| Price |
| $87,469 ($79.73/SF) |
| NOI |
| - |
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Unit -
| Unit Size | 1,097 SF |
| Condo Use | Retail |
| Price | $87,469 ($79.73/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 102 square meters built, with 92 square meters of usable area, located on the ground floor of a residential building in the urban center of the town of Elche, in the province of Alicante.</li></ul> | |
| Sale Notes | |
| Premises designated for a change of use, with community approval for both the change and the installation of a smoke extraction system.<br> <br> Located near the Mercadona on Pedro Juan Perpiñán. Currently, it is an open-plan space.<br> <br> The community has agreed to authorize both the change of use and the installation of the smoke extraction system. The drafting and execution of the necessary project to carry out the change of use and the corresponding installation are still pending.<br> <br> Additionally, it is noted that repair work on pillars and parts of the façade is required. These repairs will need to be undertaken by the future buyer.<br> <br> A visit can be arranged to assess the characteristics and possibilities of the premises.</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.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 1,130 |
1 1
1 of 2
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Zona Sector V - El Canal
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