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Barrio Los Jerónimos 1,184 SF Retail Condo Unit Offered at $1,110,483 in Retiro, Madrid 28014

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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
| Sale Type | Investment |
| 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 Jerónimos. Located in an area with good transportation links and surrounded by various businesses and services.
The property features a wide façade, approximately 12 linear meters, high ceilings (3 meters), smoke extraction system, hospitality license, and a capacity for 61 people.
It also includes a terrace with a capacity for 16 chairs and 5 tables.
Annual gross yield of 4.85% (net yield of 4.68%). Solid contractual guarantees, with a lease term and mandatory compliance until November 2025.
The property features a wide façade, approximately 12 linear meters, high ceilings (3 meters), smoke extraction system, hospitality license, and a capacity for 61 people.
It also includes a terrace with a capacity for 16 chairs and 5 tables.
Annual gross yield of 4.85% (net yield of 4.68%). Solid contractual guarantees, with a lease term and mandatory compliance until November 2025.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,184 SF | Retail | $1,110,483 ($937.91/SF) | - |
-
| Unit Size |
| 1,184 SF |
| Condo Use |
| Retail |
| Price |
| $1,110,483 ($937.91/SF) |
| NOI |
| - |
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| Unit Size | 1,184 SF |
| Condo Use | Retail |
| Price | $1,110,483 ($937.91/SF) |
| NOI | - |
| 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.</li></ul> | |
| Sale Notes | |
| Excellent commercial space in Los Jerónimos. Located in an area with good transportation links and surrounded by various businesses and services. <br> The property features a wide façade, approximately 12 linear meters, high ceilings (3 meters), smoke extraction system, hospitality license, and a capacity for 61 people. <br> It also includes a terrace with a capacity for 16 chairs and 5 tables. <br> Annual gross yield of 4.85% (net yield of 4.68%). Solid contractual guarantees, with a lease term 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 | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1900 - 1909 |
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Barrio Los Jerónimos
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