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Investment Highlights

  • Great location
  • With hostel license
  • To reform

Executive Summary

Excellent building in the heart of Madrid.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 01
  • 2,228 SF
  • Retail
  • $3,464,003 ($1,554.76/SF)
  • -
Sale Type Investment or Owner User
Description
Hostel license.  
Brand new, completely renovated.
Sale Notes
Fantastic commercial space located in a prime area in the heart of Madrid's historic and tourist center. The area is surrounded by shops, bars, restaurants, and more. Excellent public transportation connections thanks to its proximity to several metro stations and urban bus stops.

The space is situated in a commercial building and has a built area of 207 m², of which 200 m² are usable. It holds a license to operate as a hostel. Currently, it is in need of renovation.

Various sizes available; inquire for details.
Unit Unit Size Condo Use Price NOI
Unit Puerta 01 2,228 SF Retail $3,464,003 ($1,554.76/SF) -

Unit Puerta 01

Unit Size
2,228 SF
Condo Use
Retail
Price
$3,464,003 ($1,554.76/SF)
NOI
-

Unit Puerta 01

Unit Size 2,228 SF
Condo Use Retail
Price $3,464,003 ($1,554.76/SF)
NOI -
Sale Type Investment or Owner User
Description
Hostel license.&nbsp;&nbsp;<br> Brand new, completely renovated.</li></ul>
Sale Notes
Fantastic commercial space located in a prime area in the heart of Madrid&#39;s historic and tourist center. The area is surrounded by shops, bars, restaurants, and more. Excellent public transportation connections thanks to its proximity to several metro stations and urban bus stops.<br> <br> The space is situated in a commercial building and has a built area of 207 m&#178;, of which 200 m&#178; are usable. It holds a license to operate as a hostel. Currently, it is in need of renovation.<br> <br> Various sizes available; inquire for details.</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 Retail (Condo)
Building Class B
Floors 5
Year Built 1900 - 1909

Amenities

  • Bus Line
  • Metro/Subway
  • High Ceilings
  • Recessed Lighting
  • Private Bathroom

Nearby Major Retailers

Nespresso
Carrefour Express
BBVA
Caixabank
Five Guys
Oakberry
Hard Rock Cafe
VIPS España
TGI Fridays
100 Montaditos
  • Listing ID: 31261013

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: Centro, Madrid 28013

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