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Investment Highlights

  • Large premises
  • Good communications
  • Very versatile space

Executive Summary

Three-story residential building in the Fuencarral area. It has good transportation links.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta IZ, Esc. 02
  • 1,162 SF
  • Retail
  • $245,439 ($211.22/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space of 108 m² at street level in the Fuencarral area.
Sale Notes
Fantastic commercial space in Tres Olivos. Located in an area with all types of businesses, restaurants, supermarkets, pharmacies, and schools. Well-connected, situated between Fuencarral metro station and Tres Olivos metro station.

The property has a total area of 108 m², all on the ground floor. It consists of four spacious rooms with great potential for various layouts, a bathroom, and a space for a kitchen. The facade measures 4 meters.

Ideal for schools and other uses. Requires renovation.  
Property tax (IBI) expenses: €740.50/year.
Unit Unit Size Condo Use Price NOI
Unit Puerta IZ, Esc. 02 1,162 SF Retail $245,439 ($211.22/SF) -

Unit Puerta IZ, Esc. 02

Unit Size
1,162 SF
Condo Use
Retail
Price
$245,439 ($211.22/SF)
NOI
-

Unit Puerta IZ, Esc. 02

Unit Size 1,162 SF
Condo Use Retail
Price $245,439 ($211.22/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space of 108 m&#178; at street level in the Fuencarral area.</li></ul>
Sale Notes
Fantastic commercial space in Tres Olivos. Located in an area with all types of businesses, restaurants, supermarkets, pharmacies, and schools. Well-connected, situated between Fuencarral metro station and Tres Olivos metro station.<br> <br> The property has a total area of 108 m&#178;, all on the ground floor. It consists of four spacious rooms with great potential for various layouts, a bathroom, and a space for a kitchen. The facade measures 4 meters.<br> <br> Ideal for schools and other uses. Requires renovation.&nbsp;&nbsp;<br> Property tax (IBI) expenses: €740.50/year.</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 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 3
Year Built 1970 - 1979

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 33476699

  • Date on Market: 11/30/2023

  • Last Updated:

  • Address: Fuencarral - El Pardo, Madrid 28034

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