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Avenida de la Peseta 893 SF Retail Condo Unit Offered at $524,005 in Carabanchel, Madrid 28054

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INVESTMENT HIGHLIGHTS

  • Established area.
  • Quick access to the area's main highways.
  • Good connections via public transportation.
  • All types of services nearby.

EXECUTIVE SUMMARY

Excellent building located in the heart of Avenida de la Peseta, in a fully commercial area with great visibility and excellent connections via public and private transportation. All kinds of services available nearby.

PROPERTY FACTS

Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 6
Year Built 2000 - 2009
Parking Yes

AMENITIES

  • Bus Line

UNIT AMENITIES

  • Bay Window
  • Attic

SITE AMENITIES

  • Courtyard
  • Fenced Lot
  • Playground
  • Pool
  • Security System
  • Tennis Court
  • Close to Public Transportation
  • Doorman
  • Wheelchair Accessible
  • On-Site Retail
  • Elevator

1 UNIT AVAILABLE

Unit Size 893 SF
Price $524,005
Price Per SF $586.79
Condo Use Retail
Sale Type Investment
Cap Rate 4.50%
NOI $23,580.24
DESCRIPTION

Commercial space of 83 m².  
Community fees: €98 per month.  
Profitability.

SALE NOTES

Commercial space in excellent condition, 83 m² with a large storefront on the best avenue in the La Peseta neighborhood.  

**For sale with profitability, ideal for investors.** Start earning returns from day one, with the added benefit of future asset appreciation.  

Currently operating as a fully functional beauty salon, the property is in impeccable condition and comes with a lease agreement in place.  

Located on a wide, tree-lined main street with high foot and vehicle traffic, ample parking, and directly across from a supermarket. The area is a well-established commercial hub with significant pedestrian flow.  

Surrounded by residential developments in a family-friendly neighborhood with young professionals, the area is experiencing steady growth.  

The property features a **6-meter-wide, floor-to-ceiling storefront** that spans almost the entire front of the space, providing abundant natural light. It is equipped with air conditioning and a security system.  

The interior is an open-plan layout with no columns, allowing for flexible configurations. Currently, the space includes:  
- A small reception area with a 6 m² room behind it.  
- A rectangular, open floor plan visible from the entrance.  
- At the back, there is another room with a small window overlooking an 8 m² patio, equipped with a shower and two restrooms.  
- An additional room currently used as a laundry and product storage area.  

This is a prime investment opportunity in a thriving location!

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  • Listing ID: 35580036

  • Date on Market: 4/22/2025

  • Last Updated:

  • Address: Carabanchel, Madrid 28054

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