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Investment Highlights

  • Profitable premises
  • Centrally located
  • Ideal for investors

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,829 SF
  • Retail
  • $329,080 ($179.92/SF)
  • -
Sale Type Investment or Owner User
Sale Notes
Excellent commercial property with profitability near Gran Vía. Located in an area with all types of businesses and services nearby, offering excellent transportation connections.  
The property has 170 square meters, all on the ground floor.  
The space features a 3.10-meter linear façade, providing great visibility and high pedestrian traffic. High ceilings with a free height of 3 meters.  
Profitability of 2.85%. Solid contractual guarantees, with a 12-year lease agreement starting in October 2017.  
Ideal for investors. Directly from the owner. No fees charged to the buyer.  
Unit Unit Size Condo Use Price NOI
- 1,829 SF Retail $329,080 ($179.92/SF) -

-

Unit Size
1,829 SF
Condo Use
Retail
Price
$329,080 ($179.92/SF)
NOI
-

-

Unit Size 1,829 SF
Condo Use Retail
Price $329,080 ($179.92/SF)
NOI -
Sale Type Investment or Owner User
Sale Notes
Excellent commercial property with profitability near Gran V&#237;a. Located in an area with all types of businesses and services nearby, offering excellent transportation connections.&nbsp;&nbsp;<br> The property has 170 square meters, all on the ground floor.&nbsp;&nbsp;<br> The space features a 3.10-meter linear fa&#231;ade, providing great visibility and high pedestrian traffic. High ceilings with a free height of 3 meters.&nbsp;&nbsp;<br> Profitability of 2.85%. Solid contractual guarantees, with a 12-year lease agreement starting in October 2017.&nbsp;&nbsp;<br> Ideal for investors. Directly from the owner. No fees charged to the buyer.&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
Building Class B
Floors 7
Year Built 1900 - 1909

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 31266664

  • Date on Market: 11/11/2022

  • Last Updated:

  • Address: Centro, Madrid 28004

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