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Investment Highlights

  • Excellent location
  • Good condition

Executive Summary

Residential building with 10 above-ground floors, featuring high-rise apartments. The property was built in 1941.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta CNE
  • 1,926 SF
  • Retail
  • $1,052,016 ($546.22/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space divided into two separate registered properties. It consists of a ground floor.
Sale Notes
Commercial space divided into two separate registered properties. It consists of a ground floor.

The layout includes an entrance hall, a staircase leading to the upper floor, and another staircase descending to a basement. On the first floor, there are 5 rooms, each with a large window, and two bathrooms.

It is located in one of the most commercial areas of the capital, on Ibiza Street.

This is an excellent investment opportunity in one of the trendiest areas of Madrid, offering great potential to create a beautifully renovated apartment along with an adjacent commercial space.

Inquire about the possibility of purchasing only one of the properties.
Unit Unit Size Condo Use Price NOI
Unit Puerta CNE 1,926 SF Retail $1,052,016 ($546.22/SF) -

Unit Puerta CNE

Unit Size
1,926 SF
Condo Use
Retail
Price
$1,052,016 ($546.22/SF)
NOI
-

Unit Puerta CNE

Unit Size 1,926 SF
Condo Use Retail
Price $1,052,016 ($546.22/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space divided into two separate registered properties. It consists of a ground floor.</li></ul>
Sale Notes
Commercial space divided into two separate registered properties. It consists of a ground floor.<br> <br> The layout includes an entrance hall, a staircase leading to the upper floor, and another staircase descending to a basement. On the first floor, there are 5 rooms, each with a large window, and two bathrooms.<br> <br> It is located in one of the most commercial areas of the capital, on Ibiza Street.<br> <br> This is an excellent investment opportunity in one of the trendiest areas of Madrid, offering great potential to create a beautifully renovated apartment along with an adjacent commercial space.<br> <br> Inquire about the possibility of purchasing only one of the properties.</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 B
Floors 10
Year Built 1940 - 1949

Amenities

Site Amenities

  • Doorman
  • Elevator
  • Listing ID: 34481251

  • Date on Market: 1/14/2025

  • Last Updated:

  • Address: Retiro, Madrid 28009

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