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Tetuán - Cuatro Caminos 4,736 SF Retail Condo Unit Offered at $2,911,140 in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

Magnificent commercial space on three floors

Versatile space with possibilities

EXECUTIVE SUMMARY

Residential property located in the municipality of Madrid. Situated in the Tetuán district, within a well-established urban area featuring offices, shops, restaurants, and leisure zones. Less than 500 meters away is the Santiago Bernabéu Stadium, one of the city's most iconic sports landmarks. Nearby, you'll also find Paseo de la Castellana, Madrid's main financial and business hub. The location offers excellent connectivity via road networks and public transportation. It provides easy access to the M-30 and A-6 highways, facilitating travel to other parts of the capital and to towns in the northwest of the Madrid region. The area is well-served by metro stations, bus lines, and taxi stands, and is also close to the Nuevos Ministerios commuter rail station.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	B
Property Type	Multifamily (Condo)	Floors	10
Property Subtype	Apartment	Year Built	1960 - 1969

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	B
Floors	10
Year Built	1960 - 1969

Bus Line

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	4,736 SF	Condo Use	Retail
Price	$2,911,140	Sale Type	Investment or Owner User
Price Per SF	$614.68

Unit Size	4,736 SF
Price	$2,911,140
Price Per SF	$614.68
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Premises with a total built area of 500 m2, distributed across three floors.
The ground floor, measuring 153 m2, is open-plan and designated as a commercial area, featuring a drop ceiling and an additional free height of 2 meters. The first floor, with 142 m2, is allocated for commercial space and offices. The basement, covering 145 m2, includes two bathrooms and is used as a storage area. All three floors allow for renovations and were originally completely open-plan.

SALE NOTES

Spectacular 440 m2 commercial space, with access from the street floor and with a wide façade, in one of the most exclusive areas of Madrid.

It has three floors:

- Street floor of 153 m2, completely diaphanous and intended for a commercial and exhibition area, with a false ceiling 2 meters higher.
- Upper floor of 142 m2, with commercial area and management offices.
- Basement floor, of 145 m2 for storage and bathrooms, with several rooms.

It is a large and versatile space, with multiple business possibilities, except restoration because there is no smoke outlet.