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Calle Menéndez Valdés 9,687 SF Retail Condo Unit Offered at $4,926,965 in Gijón, Asturias 33201
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Investment Highlights
- High density of pedestrian and vehicular traffic.
- Near San Lorenzo Beach.
Executive Summary
Six-story residential building above ground level, featuring a commercial space on the ground floor and apartments on the upper floors. High pedestrian and vehicular traffic density.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1950 - 1959/2000 - 2009 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built/Renovated | 1950 - 1959/2000 - 2009 |
1 Unit Available
| Unit Size | 9,687 SF | Sale Type | Investment |
| Price | $4,926,965 | Cap Rate | 5.61% |
| Price Per SF | $508.62 | NOI | $276,402.73 |
| Condo Use | Retail |
| Unit Size | 9,687 SF |
| Price | $4,926,965 |
| Price Per SF | $508.62 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| NOI | $276,402.73 |
Description
Premises with a total area of 900 m2 distributed into 494 m2 on the ground floor and 406 m2 in the basement. It features 2 large facades directly facing the public road, spanning over 30 linear meters.
Sale Notes
Commercial space located in one of the best commercial areas of the city of Gijón.
Currently leased with a long-term contract to a tenant with a well-known brand.
Highly commercial location where prestigious brands like Cortefiel, Women' Secret, etc., are predominant.
Modern and central area with high pedestrian and vehicular traffic due to the wide range of activities it offers at all times. It is very well connected to the rest of the city with public transportation facilities nearby.
Fachada
Presented by
Urbagesa
Calle Menéndez Valdés
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