Plaza Luca de Tena 2,400 SF Retail Condo Unit Offered at $425,835 in Arganzuela, Madrid 28045

SALE NOTES

Profitable sale of commercial space with reliable tenant for 5 years.
The asset produces a net return of 4.7% (annual IBI and community expenses: 1,857€, while the TRU is covered by the tenant).
This attractive place is in perfect condition. It is distributed on a street floor of 151 m2, according to the cadastre, and a ground floor of 67 m2. All rooms on the street floor have windows, providing plenty of natural light. The furniture is in excellent condition and the metal beams seen in the reception and in the waiting room or office give it an industrial and modern touch.
The place is fully adapted for people with reduced mobility, including one bathroom accessible to the three that it has in total. Upon entering the premises, there is a cozy reception with a window to a square, an adapted bathroom and an office. Through a wide corridor without architectural barriers and with motion detectors for lighting, you reach a spacious main room with ceilings over 3 meters high. This room is multipurpose, ideal for various activities, and has a small adjacent warehouse.
The descent from the reception to the basement floor is via a staircase with motion detectors. On this floor there are two bathrooms with showers, a kitchen, a storage room and another additional room.
The premises comply with current regulations for a possible change of use to residential in the future, making it a great investment opportunity.
Excellent location right next to a DIA supermarket with a large crowd of people, in front of a children's garden and in a constant area of passage.
Very good communication by public transport, since the property is only 50 meters from the Palos de la Frontera metro station, 20 meters from the EMT bus lines and 500 meters from the Atocha station. In addition, Delicias Train Station is 300 metres away.