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Avenida San Luís 570 SF Retail Condo Unit Offered at $192,135 in Ciudad Lineal, Madrid 28033

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INVESTMENT HIGHLIGHTS

  • Gross return of 5.12%
  • Consolidated business in operation
  • In a busy shopping mall in Pinar de Chamartín

PROPERTY FACTS

Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 10
Year Built 1980 - 1989
Parking Yes

AMENITIES

  • Bus Line

SITE AMENITIES

  • Close to Public Transportation

1 UNIT AVAILABLE

Unit Size 570 SF
Price $192,135
Price Per SF $337.08
Condo Use Retail
Sale Type Investment or Owner User
SALE NOTES

Premises in profitability located in a frequented shopping arcade of Pinar de Chamartín.
Location very close to Arturo Soria, on the golden mile of the area and with excellent projection.
The asset is currently leased and offers a gross return of 5.12% with a monthly income of 735€. It is a consolidated business with years of experience and some new tenants who have taken up the baton in 2013, consolidating its activity. It is a place dedicated to framing and selling small decorative details. It is in perfect condition and is sold free of loads and spills.
It is located inside a small gallery that connects Caleruega Street with San Luis Avenue, making it a frequented and busy place. It is surrounded by other commercial establishments (bar, hairdresser), which contribute to generating an excellent influx of people.
Immediate environment with full services at hand and good communication by public transport through several nearby bus stops and the Pinar de Chamartín metro station. Quick and easy access to the M-30.

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  • Listing ID: 33509905

  • Date on Market: 6/17/2022

  • Last Updated:

  • Address: Ciudad Lineal, Madrid 28033

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