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Hernani Kalea, 1 656 SF Retail Condo Unit Offered at $1,072,724 in San Sebastián, Guipúzcoa 20004

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INVESTMENT HIGHLIGHTS

  • Near the San Sebastián town 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
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
Price $1,072,724
Price Per SF $1,635.25
Condo Use Retail
Sale Type Investment
Cap Rate 3.93%
NOI $42,200.08
DESCRIPTION

Total area of 61 m2 on the ground floor. The premises consist of two registered properties of 31.28 m2 and 30.42 m2. The facade is 12 linear meters of double-height glass, forming a corner between two streets. It has excellent visibility.

SALE NOTES

Exceptionally located premises 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 with a long-term contract, offering a 4% return.

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  • Listing ID: 36144068

  • Date on Market: 6/6/2025

  • Last Updated:

  • Address: Hernani Kalea, 1, San Sebastián, Guipúzcoa 20004

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