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Avenida Humanes 16,297 SF Retail Building Griñón, Madrid 28971 $1,508,080 ($92.54/SF)

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INVESTMENT HIGHLIGHTS

  • Primary use: residential – commercial.
  • Possibility of segregation into plots of 500 m2 or 300 m2.
  • Adjacent plot without construction for new projects.
  • Three commercial premises and an independent bar.

EXECUTIVE SUMMARY

Ref.: G0010
Land for sale on Avenida Humanes, in Griñón, right in the center of the town, with direct access from the main road and surrounded by services, facilities, and commercial areas.
This is an urban property with a total area of 4,200 m2, plus an adjoining plot of 952 m2, both offering extensive possibilities for residential, commercial, or mixed development. The main plot has established buildings, including a detached house with a semi-basement of 38 m2, a ground floor of 130 m2, and a first floor of 70 m2, featuring a private garden and pool; three commercial premises and an independent bar. The constructions date back to 1970.
The property offers significant urban development potential, including the possibility of dividing into plots of 500 m2 or 300 m2, residential and commercial uses, and the option to maintain the current state for immediate profitability through rental. The additional plot of 952 m2 is undeveloped, allowing for expansion or new projects.
The location has excellent accessibility and nearby services: schools, an institute, a health center, a shopping area, restaurants, a theater, and leisure areas. Additionally, it has public transportation, including two bus lines with direct connections to Madrid and nearby towns.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 - 60,000 SF
Building Class
C
Year Built
2000 - 2009
Price
$1,508,080
Price Per SF
$92.54
Percent Leased
100%
Tenancy
Multiple

AMENITIES

  • Natural Light
  • Listing ID: 39093602

  • Date on Market: 1/15/2026

  • Last Updated:

  • Address: Griñón, Madrid 28971

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