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Investment Highlights

  • Excellent location
  • Very large surface

Executive Summary

Mixed office and residential building with eight floors (Baja 7), located on Paseo de la Habana. It is well connected by public transport thanks to a joint metro station and suburban areas. It also has several urban bus lines. This property has a ground floor of commercial premises, from the first to the third for office use and from the third for residential use. Main features of the building: - 24-hour counseling service - Hot/cold air conditioning system. - Adjustable false ceiling with built-in luminaires. - Possibility of parking in the same building. - Divided into an office and a diaphanous rest. - It has an Ackerman-type network on the floor for cabling.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 3,961 SF
  • Retail
  • $3,020,481 ($762.56/SF)
  • $135,921.65
Sale Type Investment
Cap Rate 4.50%
Description
Commercial property for investment.  
Various levels.
Sale Notes
Excellent commercial space available in the El Viso neighborhood, Chamartín district. Located in a business area surrounded by all types of businesses and services: banks, restaurants, bars, supermarkets, etc.

The available space covers 369 m², distributed between a ground floor of 125 m² and a mezzanine of 244 m². The property features ceramic flooring, restrooms, a staircase, a large storefront, plenty of natural light, a drop ceiling, and two access points—one directly from the street and another through the building's entrance.

Currently rented.
Unit Unit Size Condo Use Price NOI
- 3,961 SF Retail $3,020,481 ($762.56/SF) $135,921.65

-

Unit Size
3,961 SF
Condo Use
Retail
Price
$3,020,481 ($762.56/SF)
NOI
$135,921.65

-

Unit Size 3,961 SF
Condo Use Retail
Price $3,020,481 ($762.56/SF)
NOI $135,921.65
Sale Type Investment
Cap Rate 4.50%
Description
Commercial property for investment.  
Various levels.
Sale Notes
Excellent commercial space available in the El Viso neighborhood, Chamartín district. Located in a business area surrounded by all types of businesses and services: banks, restaurants, bars, supermarkets, etc.

The available space covers 369 m², distributed between a ground floor of 125 m² and a mezzanine of 244 m². The property features ceramic flooring, restrooms, a staircase, a large storefront, plenty of natural light, a drop ceiling, and two access points—one directly from the street and another through the building's entrance.

Currently rented.

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 8
Year Built 1970 - 1979
Parking Yes
  • Listing ID: 31267863

  • Date on Market: 12/2/2019

  • Last Updated:

  • Address: Chamartín, Madrid 28036

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