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Investment Highlights

  • Ideal for investors
  • Consolidated residential area
  • Magnificent location

Executive Summary

Residential building with a total area of 14,104 m2, distributed across 6 above-ground floors. It is well-connected by public transportation, with access to several urban and intercity bus lines.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,829 SF
  • Retail
  • $521,274 ($285.00/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space of 175 m2.
Sale Notes
Available for sale: excellent commercial space located on the ground floor of a residential building. The property is situated on Montecarmelo Avenue, next to bus stops and the Montecarmelo metro station (line 10), in a well-established area surrounded by all necessary services.

It has an entrance from Montecarmelo Avenue and offers a total area of 175 m² distributed across two levels. The street-level floor measures 75 m², while the basement covers 100 m².

Due to the high demand in the area, this space is ideal for a restaurant business.

It is equipped with a smoke vent and has an activity license.
Unit Unit Size Condo Use Price NOI
- 1,829 SF Retail $521,274 ($285.00/SF) -

-

Unit Size
1,829 SF
Condo Use
Retail
Price
$521,274 ($285.00/SF)
NOI
-

-

Unit Size 1,829 SF
Condo Use Retail
Price $521,274 ($285.00/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space of 175 m2.</li></ul>
Sale Notes
Available for sale: excellent commercial space located on the ground floor of a residential building. The property is situated on Montecarmelo Avenue, next to bus stops and the Montecarmelo metro station (line 10), in a well-established area surrounded by all necessary services.<br> <br> It has an entrance from Montecarmelo Avenue and offers a total area of 175 m&#178; distributed across two levels. The street-level floor measures 75 m&#178;, while the basement covers 100 m&#178;.<br> <br> Due to the high demand in the area, this space is ideal for a restaurant business.<br> <br> It is equipped with a smoke vent and has an activity license.</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 > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Year Built 2000 - 2009
Parking Yes

Amenities

Site Amenities

  • Elevator
  • Listing ID: 34192544

  • Date on Market: 4/3/2023

  • Last Updated:

  • Address: Fuencarral - El Pardo, Madrid 28049

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