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Zona Retiro - Ibiza 2,217 SF Retail Condo Unit Offered at $1,878,957 in Retiro, Madrid 28009

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Investment Highlights

Rented bar/restaurant with a net return of 4.20%
Consolidated area with a good influx of public

Location in the heart of the Retiro neighborhood

Property Facts

Total Building Size	> 50,000 SF	Floors	9
Property Type	Multifamily (Condo)	Year Built	1960 - 1969
Property Subtype	Apartment	Parking	Yes
Building Class	C

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	9
Year Built	1960 - 1969
Parking	Yes

Bus Line

Natural Light

Site Amenities

Close to Public Transportation

Doorman

Elevator

1 Unit Available

Unit Size	2,217 SF	Condo Use	Retail
Price	$1,878,957	Sale Type	Investment
Price Per SF	$847.52

Unit Size	2,217 SF
Price	$1,878,957
Price Per SF	$847.52
Condo Use	Retail
Sale Type	Investment

Sale Notes

Sale of a profitable commercial space of 206 m2 in the Retiro area, Ibiza.
Location in the heart of the Retiro neighborhood, one of the most emblematic areas of the capital. This is a residential and commercial area, offering a wide variety of services, shops and restaurants.
The place is currently operating as a restaurant and has a smoke outlet, although it does not have a terrace. The business offers an annual net return of 4.20%.