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Retiro - Estrella 8,503 SF Retail Condo Unit Offered at $1,773,053 in Retiro, Madrid 28009


Some information has been automatically translated.
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
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| 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.
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 8,503 SF | Retail | $1,773,053 ($208.52/SF) | - |
-
| Unit Size |
| 8,503 SF |
| Condo Use |
| Retail |
| Price |
| $1,773,053 ($208.52/SF) |
| NOI |
| - |
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Map
-
| Unit Size | 8,503 SF |
| Condo Use | Retail |
| Price | $1,773,053 ($208.52/SF) |
| NOI | - |
| 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.</li></ul> | |
| Sale Notes | |
| Commercial property with profitability located on Avenida de Nazaret, in the Doctor Esquerdo area. <br> 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. <br> The commercial property is situated in a residential building that is in excellent condition.</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 | > 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
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Retiro - Estrella
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