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Hernani Kalea, 1 656 SF Retail Condo Unit Offered at $1,075,193 in San Sebastián, Guipúzcoa 20004
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Investment Highlights
- Near the San Sebastián City Hall and La Concha Beach.
- Environment with all services.
Executive Summary
Residential building with 9 above-ground floors, featuring commercial spaces on the ground floor and apartments on the upper levels. Located near San Sebastián City Hall and La Concha Beach.
Property Facts
| Total Building Size | 30,160 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,348 SF |
| Property Subtype | Apartment | Year Built | 1969 |
| Building Class | C |
| Total Building Size | 30,160 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 9 |
| Typical Floor Size | 3,348 SF |
| Year Built | 1969 |
1 Unit Available
| Unit Size | 656 SF | Sale Type | Investment |
| Price | $1,075,193 | Cap Rate | 3.93% |
| Price Per SF | $1,639.01 | NOI | $42,297.21 |
| Condo Use | Retail |
| Unit Size | 656 SF |
| Price | $1,075,193 |
| Price Per SF | $1,639.01 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.93% |
| NOI | $42,297.21 |
Description
Total area of 61 m2 on the ground floor. The property consists of two registered units of 31.28 m2 and 30.42 m2.
It features a 12-meter linear glass façade with double height, located on the corner between two streets. It offers excellent visibility.
Sale Notes
Premises extraordinarily located on one of the most visible corners in the city of San Sebastián, next to the town hall and La Concha beach.
Currently rented to a tenant under a long-term lease with a 4% return.
Fachada
Presented by
Urbagesa
Hernani Kalea, 1
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