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Moncloa - Aravaca, Madrid 28008 1,625 SF Retail Condo Unit Offered at $591,583
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Investment Highlights
- 2 minutes from the Arguelles metro station
- High-traffic central area.
Executive Summary
Residential property of 1,667 m² distributed across six above-ground floors, built in 1930. Located in a busy residential area, just two minutes from the Argüelles metro station and surrounded by all kinds of services and shops.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1930 - 1939 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1930 - 1939 |
Amenities
Unit Amenities
- Heating
Site Amenities
- Elevator
- Private Bathroom
1 Unit Available
| Unit Size | 1,625 SF | Condo Use | Retail |
| Price | $591,583 | Sale Type | Investment or Owner User |
| Price Per SF | $364.05 |
| Unit Size | 1,625 SF |
| Price | $591,583 |
| Price Per SF | $364.05 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
151 m2 space distributed on one floor with seven rooms. The space features a fully renovated store with a reception and counter, an open back room and another closed one also renovated, a bathroom with ventilation and natural light, a living room with access to a patio, and three spacious bedrooms that are equally bright and ventilated.
Sale Notes
Sale of premises located in the heart of the city with the possibility of changing its use. Option to assume the current lease contract or direct purchase without a tenant. Located in one of the busiest areas of the city, on a street with high pedestrian traffic and just a two-minute walk from the Argüelles metro station. It is surrounded by all kinds of services, such as hospitals, health centers, sports facilities, shops, parks, leisure areas, and restaurants.
The premises are divided into seven rooms and have the potential to be adapted and converted for residential or professional use. Currently, it houses a fully renovated store with a reception area and counter. It has an open backroom connected to the main area and another closed backroom, both renovated. It includes a bathroom with ventilation and natural light, a living room with direct access to an interior patio, and three very spacious bedrooms, all with natural light and good ventilation.
The premises are equipped with an alarm system, security door, and air conditioning. Its spaces are prepared to adapt to multiple activities and uses, currently operating as an optical store. The high ceilings provide spaciousness and brightness to all rooms.
It has excellent access to public transportation and direct connections to the main entry and exit routes of the city. Additionally, there is a wide range of educational options nearby, making this premises a unique opportunity for commercial, residential, or professional use.
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"Moncloa - Aravaca, Madrid 28008"
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