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Investment Highlights

  • Formerly bank branch
  • Ideal for any type of business
  • Consolidated residential area

Executive Summary

Residential building with commercial spaces on the ground floor, located in a well-established residential area. Built in 2003, the property is situated in a strategic location with easy access to public transportation and all necessary services nearby. Perfect for investors or as a residential option with commercial potential.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 02
  • 1,420 SF
  • Retail
  • $366,440 ($258.06/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Available commercial space of 132 m².  
The property is located on a corner, allowing for abundant natural light through its large glass windows.  
It offers high security thanks to its bulletproof glass.  
Previously used as a bank branch, the space can be adapted to meet the needs of the new tenant or owner.  
It is well-connected by public transportation, with several urban bus lines nearby.  

**Important Notice:**  
The property is currently occupied illegally by third parties. If, at the time of sale, the seller has initiated legal action regarding the occupation, the buyer may assume responsibility for the ongoing legal proceedings. The buyer will not be able to claim any compensation from the seller as a result, except for attorney and court representative fees incurred up to the date of the transaction, which will, in any case, be covered by the seller.  

If, at the time of sale, the seller has filed a criminal complaint that is still in progress, the court will be notified of the sale, and the seller will withdraw from the proceedings as a private plaintiff.  

The current state of occupation and/or restrictions preventing free access to the property by technical personnel result in the following limitations:  
i) The property cannot undergo an official appraisal as required by Order ECO/805/2003, dated March 27, meaning it cannot be mortgaged while this situation persists.  
ii) The property owner cannot obtain the energy efficiency certificate.  
Unit Unit Size Condo Use Price NOI
Unit Puerta 02 1,420 SF Retail $366,440 ($258.06/SF) -

Unit Puerta 02

Unit Size
1,420 SF
Condo Use
Retail
Price
$366,440 ($258.06/SF)
NOI
-

Unit Puerta 02

Unit Size 1,420 SF
Condo Use Retail
Price $366,440 ($258.06/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Available commercial space of 132 m&#178;.&nbsp;&nbsp;<br> The property is located on a corner, allowing for abundant natural light through its large glass windows.&nbsp;&nbsp;<br> It offers high security thanks to its bulletproof glass.&nbsp;&nbsp;<br> Previously used as a bank branch, the space can be adapted to meet the needs of the new tenant or owner.&nbsp;&nbsp;<br> It is well-connected by public transportation, with several urban bus lines nearby.&nbsp;&nbsp;<br> <br> **Important Notice:**&nbsp;&nbsp;<br> The property is currently occupied illegally by third parties. If, at the time of sale, the seller has initiated legal action regarding the occupation, the buyer may assume responsibility for the ongoing legal proceedings. The buyer will not be able to claim any compensation from the seller as a result, except for attorney and court representative fees incurred up to the date of the transaction, which will, in any case, be covered by the seller.&nbsp;&nbsp;<br> <br> If, at the time of sale, the seller has filed a criminal complaint that is still in progress, the court will be notified of the sale, and the seller will withdraw from the proceedings as a private plaintiff.&nbsp;&nbsp;<br> <br> The current state of occupation and/or restrictions preventing free access to the property by technical personnel result in the following limitations:&nbsp;&nbsp;<br> i) The property cannot undergo an official appraisal as required by Order ECO/805/2003, dated March 27, meaning it cannot be mortgaged while this situation persists.&nbsp;&nbsp;<br> ii) The property owner cannot obtain the energy efficiency certificate.&nbsp;&nbsp;</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 4
Year Built 2000 - 2009
Parking Yes

Amenities

Site Amenities

  • On-Site Retail
  • Public Transportation
  • Listing ID: 31262593

  • Date on Market: 7/12/2023

  • Last Updated:

  • Address: Leganés, Madrid 28912

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