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Zona Palacio 968 SF Retail Condo Unit Offered at $512,361 in Centro, Madrid 28013

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INVESTMENT HIGHLIGHTS
- Profitability of 4.50%
- Central location in a tourist area between the Opera House and the Main Street
- Recently soundproofed and with a capacity of 68 people
- Special bar license
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1860 - 1869/1980 - 1989 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built/Renovated | 1860 - 1869/1980 - 1989 |
1 UNIT AVAILABLE
Unit Puerta 01
| Unit Size | 968 SF | Condo Use | Retail |
| Price | $512,361 | Sale Type | Investment |
| Price Per SF | $529.30 |
| Unit Size | 968 SF |
| Price | $512,361 |
| Price Per SF | $529.30 |
| Condo Use | Retail |
| Sale Type | Investment |
SALE NOTES
Available in central local profitability of 90 m2 located in Opera area.
Located between Calle Mayor and Ópera, in a tourist area with plenty of restaurants and various hostels and hotels around. The venue is a 2-minute walk from the Opera metro station and just 6 minutes from the Sol transport hub.
The space is distributed on one floor and is currently in operation and rented by the same tenant since October 2016. This is a place with a special bar license recently soundproofed and with a capacity of 68 people. It is equipped with a POS system, cameras, lights and sound equipment and also has a fully equipped bar and ice machines.
Profitability of 4.50% and monthly income of 1.800€.
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Presented by
Research In Progress
Zona Palacio
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