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Investment Highlights

  • Ideal for investors
  • Very central and busy area
  • Gross annual return of 4.85%

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,184 SF
  • Retail
  • $1,116,813 ($943.25/SF)
  • -
Sale Type Investment
Description
The premises have a built area of 110 m² and approximately 79 m² of usable space. All the area is located on the ground floor.
Sale Notes
Excellent commercial space in Los Jeronimos. Located in an area with good communications and all kinds of businesses and services nearby.
The premises have a built area of 110 m2 and about 79 m2 useful. The entire surface on street level.
The space has a large façade, about 12 linear meters, high ceilings (3 meters), smoke outlet, hospitality license, capacity for 61 people.
It also has a terrace, seating for 16 chairs and 5 tables.
Gross annual return of 4.85% (4.68% net). Good contractual guarantees, of duration and mandatory compliance until November 2025.
Unit Unit Size Condo Use Price NOI
- 1,184 SF Retail $1,116,813 ($943.25/SF) -

-

Unit Size
1,184 SF
Condo Use
Retail
Price
$1,116,813 ($943.25/SF)
NOI
-

-

Unit Size 1,184 SF
Condo Use Retail
Price $1,116,813 ($943.25/SF)
NOI -
Sale Type Investment
Description
The premises have a built area of 110 m&#178; and approximately 79 m&#178; of usable space. All the area is located on the ground floor.</li></ul>
Sale Notes
Excellent commercial space in Los Jeronimos. Located in an area with good communications and all kinds of businesses and services nearby.<br> The premises have a built area of 110 m2 and about 79 m2 useful. The entire surface on street level.<br> The space has a large fa&#231;ade, about 12 linear meters, high ceilings (3 meters), smoke outlet, hospitality license, capacity for 61 people.<br> It also has a terrace, seating for 16 chairs and 5 tables. <br> Gross annual return of 4.85% (4.68% net). Good contractual guarantees, of duration and mandatory compliance until November 2025.</li></ul>

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 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Year Built 1900 - 1909
  • Listing ID: 33320289

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: Retiro, Madrid 28014

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