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Retiro - Estrella 8,503 SF Retail Condo Unit Offered at $1,789,234 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.
1 Unit Available
| Unit Size | 8,503 SF | Condo Use | Retail |
| Price | $1,789,234 | Sale Type | Investment |
| Price Per SF | $210.42 |
| Unit Size | 8,503 SF |
| Price | $1,789,234 |
| Price Per SF | $210.42 |
| 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 Avenida de Nazaret, in the Doctor Esquerdo area.
It is a 790 m² space on a semi-basement floor, but with street-level access. The area experiences high pedestrian and vehicle traffic and is surrounded by numerous residential buildings, various shops, and hospitality establishments.
The commercial property is situated in a residential building that is in excellent condition.
Foto Interior
Foto Interior
Property Facts
| Total Building Size | > 50,000 SF | Floors | 12 |
| Property Type | Multifamily (Condo) | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| 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
Presented by
Retiro - Estrella
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