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Hernani Kalea, 1 656 SF Retail Condo Unit Offered at $1,062,837 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 | $1,062,837 | Cap Rate | 3.93% |
| Price Per SF | $1,620.18 | NOI | $41,811.14 |
| Condo Use | Retail |
| Unit Size | 656 SF |
| Price | $1,062,837 |
| Price Per SF | $1,620.18 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 3.93% |
| NOI | $41,811.14 |
DESCRIPTION
Total area of 61 m² at street level. The premises consist of two registered properties measuring 31.28 m² and 30.42 m².
The façade features 12 linear meters of double-height glass, forming a corner between two streets. It offers excellent visibility.
SALE NOTES
Exceptionally located commercial space on one of the most visible corners in the city of San Sebastián, next to the town hall and La Concha beach.
Currently leased to a tenant under a long-term contract with a 4% return.
Fachada
Presented by
Urbagesa
Hernani Kalea, 1
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