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Retiro - Estrella 3,455 - 8,503 SF Retail Condo Units Offered at $1,156,168 - $1,798,483 Per Unit in Retiro, Madrid 28009


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INVESTMENT HIGHLIGHTS
- Commercial space in profitability (5.5%)
- Well-connected area
- Leased with a long-term contract
EXECUTIVE SUMMARY
Residential building with 15,954 m², featuring an excellent location. It was built in 2001 on a 5,488 m² plot. The property includes 447 parking spaces, 204 residential units, and 1,749 m² of commercial spaces.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 12 |
| Property Type | Multifamily | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 12 |
| Year Built | 2000 - 2009 |
| Parking | Yes |
AMENITIES
- Bus Line
SITE AMENITIES
- Close to Public Transportation
2 UNITS AVAILABLE
Unit Módulo L 1-2-3-4
| Unit Size | 3,455 SF | Condo Use | Retail |
| Price | $1,156,168 | Sale Type | Investment |
| Price Per SF | $334.64 |
| Unit Size | 3,455 SF |
| Price | $1,156,168 |
| Price Per SF | $334.64 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Profitable commercial space located in the Retiro - Estrella area.
This is a 321 m2 space that consists of 4 registered estates linked together. Leased with a long-term contract.
It is located in a residential area with high pedestrian traffic and very good visibility. Good connections by public and private transport, with the Saiz de Baranda and Estrella metro stations very close by.
| Unit Size | 8,503 SF | Condo Use | Retail |
| Price | $1,798,483 | Sale Type | Investment |
| Price Per SF | $211.51 |
| Unit Size | 8,503 SF |
| Price | $1,798,483 |
| Price Per SF | $211.51 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Commercial space of 790 m2 located on the semi-basement floor of a commercial building, with direct and independent access from the street level.
SALE NOTES
Commercial property with profitability located on Avenida de Nazaret, in the Doctor Esquerdo area. It is a 790 m2 space on a semi-basement level, but with street access. The area experiences high pedestrian and vehicle traffic, surrounded by numerous residential buildings and various shops and hospitality venues. The commercial property is situated in a residential building in excellent condition.
Foto Interior
Foto Interior
Presented by
Urbagesa
Retiro - Estrella
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