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Calle General Pardiñas 742 SF Retail Condo Unit Offered at $396,668 in Salamanca, Madrid 28006

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INVESTMENT HIGHLIGHTS

Newly renovated space
Excellent location

Multiple possibilities

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	B
Property Type	Multifamily (Condo)	Floors	14
Property Subtype	Apartment	Year Built	1970 - 1979

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	B
Floors	14
Year Built	1970 - 1979

Bus Line

Natural Light

SITE AMENITIES

Close to Public Transportation

Elevator

1 UNIT AVAILABLE

Unit Size	742 SF	Condo Use	Retail
Price	$396,668	Sale Type	Investment or Owner User
Price Per SF	$534.59

Unit Size	742 SF
Price	$396,668
Price Per SF	$534.59
Condo Use	Retail
Sale Type	Investment or Owner User

SALE NOTES

Local for sale at a profit, on Calle del General Pardiñas, 69, located in the Salamanca neighborhood of Madrid, near the Retiro Park.

It has a total area of 69 m2 distributed over two floors, and we can find it at street level, which is more visible to future customers. In addition, its state of conservation is very good. The ground floor is 29 m2 and the basement 28 m2.

The space provides a toilet, which is essential for the comfort of employees and customers. In addition, the large windows that the room has provide plenty of natural light. On both floors, it has air conditioning systems, to maintain a pleasant environment all year round.

It also has a renovated electrical installation, a floating oak floor and LED lights with dimmers.

Current activity: Bazaar. Gross return of approximately 6%.

High rent conditions signed before a notary: Duration 5 years starting in March 2023 and ending in March 2028. Monthly income of 1,800 €/month, plus increased annual CPI. Deposit: 3,600€ equivalent to 2 monthly payments.

IBI: 602€ Community fees: 60€/month.