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Calle Costa Rica 871 SF Retail Condo Unit Offered at $450,466 in Chamartín, Madrid 28016

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INVESTMENT HIGHLIGHTS

Commercial spaces on the ground floor.
Good public transportation access.

On one of the main avenues in the area.
Consolidated residential area.

EXECUTIVE SUMMARY

Residential building with commercial spaces on the ground floor and a total area of 3,355 m² distributed across 5 above-ground floors. It is well-connected by public transportation, with several urban bus lines and a metro station nearby.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	5
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1950 - 1959

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Floors	5
Year Built	1950 - 1959

UNIT AMENITIES

Air Conditioning

High Speed Internet Access

Instant Hot Water

SITE AMENITIES

Wi-Fi

Community-Wide WiFi

Elevator

1 UNIT AVAILABLE

Unit Size	871 SF	Condo Use	Retail
Price	$450,466	Sale Type	Investment
Price Per SF	$517.18

Unit Size	871 SF
Price	$450,466
Price Per SF	$517.18
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

Solvent tenant until 2029. Lots of natural light.

SALE NOTES

This property represents a secure investment with stable income from day one, as it has a reliable tenant and a lease in effect until 2029. It has a cadastral area of 81 m2, and the premises are fully renovated and in perfect condition, eliminating the need for additional investments. It is a street-level space, all on one floor, ensuring accessibility and maximum visibility. Its strategic location in a high foot traffic area, with excellent public transport connections and surrounded by offices, shops, and high-income residences, enhances its appeal and solidity as a real estate asset. It is an ideal opportunity for investors seeking a property with immediate profitability, located in one of the most valued and dynamic districts of the capital.