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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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 12
Year Built 2000 - 2009
Parking Yes

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation

1 Unit Available

Unit Size 8,503 SF
Price $1,763,594
Price Per SF $207.41
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 at street level.

Sale Notes

Commercial property with profitability located on Nazaret Avenue, in the Doctor Esquerdo area. It is a 790 m2 space on a semi-basement floor, but with street access. It is in an area with high pedestrian and car traffic, surrounded by numerous residential buildings and various shops and hospitality venues. Commercial property located in a residential building in excellent condition.

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  • Listing ID: 32138125

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: Retiro, Madrid 28009

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