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Calle Costa Rica 871 SF Retail Condo Unit Offered at $459,960 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.
Established 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	$459,960	Sale Type	Investment
Price Per SF	$528.08

Unit Size	871 SF
Price	$459,960
Price Per SF	$528.08
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

Solvent tenant until 2029.
Plenty 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 agreement in place until 2029. With a total area of 81 square meters according to the land registry, the space is fully renovated and in excellent condition, eliminating the need for additional investments.

It is a street-level property, all on one floor, ensuring accessibility and maximum visibility.

Its strategic location in a high foot traffic area, with excellent public transportation connections and surrounded by offices, shops, and high-income residential properties, enhances its appeal and solidity as a real estate asset.

This is an ideal opportunity for investors seeking a property with immediate profitability, situated in one of the most valued and dynamic districts of the capital.