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Zona Constitución 1,786 SF Retail Condo Unit Offered at $269,773 in Granada, Granada 18001



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Investment Highlights
- Total area of 150 m2.
- Current lease agreement.
- Area near the Granada Cathedral and the Royal Chapel.
- Outdoor terrace of 24 m².
- Location in the Constitución area.
Executive Summary
Residential property located in Granada. It is situated in a consolidated urban area within the central core of the city. The surrounding area includes significant urban and cultural landmarks such as the Granada Cathedral and the Royal Chapel, as well as public spaces like Plaza Nueva. Nearby are commercial and pedestrian thoroughfares such as Calle Elvira and areas of the historic center, featuring administrative, cultural, and service facilities. The area is well-connected through Granada's urban bus network, with stops distributed throughout the vicinity. Rail access is available via Granada's train station. Regarding road transportation, there are connections to the A-44 and A-92 highways, providing access to other parts of the city and the main road network. The area also accommodates pedestrian access and personal mobility options.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.00% |
| Sale Type | Investment |
| Cap Rate | 6.00% |
Commercial space designated for a café, currently leased, located on Santa Bárbara Street in the Constitución area.
It is rented under a long-term contract with a duration of 10 years.
Situated in an urban area with high pedestrian traffic and good visibility. The location benefits from established commercial activity, access to services, and nearby parking availability.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 1,786 SF | Retail | $269,773 ($151.05/SF) | $16,186.36 |
Unit 1
| Unit Size |
| 1,786 SF |
| Condo Use |
| Retail |
| Price |
| $269,773 ($151.05/SF) |
| NOI |
| $16,186.36 |
Unit 1
| Unit Size | 1,786 SF |
| Condo Use | Retail |
| Price | $269,773 ($151.05/SF) |
| NOI | $16,186.36 |
| Sale Type | Investment |
| Cap Rate | 6.00% |
| Description | |
| The property has a total area of 150 m2 distributed over two floors. It features an outdoor terrace of 24 m2.</li></ul> | |
| Sale Notes | |
| Ref.: EXP09367 <br> Commercial space designated for a café, currently leased, located on Santa Bárbara Street in the Constitución area. <br> <br> It is rented under a long-term contract with a duration of 10 years. <br> <br> Situated in an urban area with high pedestrian traffic and good visibility. The location benefits from established commercial activity, access to services, and nearby parking availability. </li></ul> |
Property Facts
Amenities
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | 1,076 |
Presented by
Zona Constitución
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