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Investment Highlights

  • Environment with all services within reach.
  • Close to several metro stops.

Executive Summary

Residential building with 8 above-ground floors, featuring commercial spaces on the ground and first floors, and apartments on the upper levels. Close proximity to several schools, daycare centers, health centers, hospitals, and banks such as Caixabank, BBVA, and Santander, among others. Nearby supermarkets include Lidl, Carrefour, and Mercadona, along with a wide variety of restaurants, bars, cafés, and hair salons. Other nearby points of interest include the Fernando Martín Municipal Sports Center and the Las Maravillas supply market, among other notable locations.

1 Unit Available

Unit Size 3,401 SF
Price $1,762,225
Price Per SF $518.15
Condo Use Retail
Sale Type Investment or Owner User
Sale Status Under Contract
Description

It consists of 316 m², distributed over two floors. The first floor, at street level, has an area of 185 m², and the second floor has an area of 131 m². Both floors are connected by an interior staircase located on the side of the premises.

The street-level floor is laid out as a large open-plan room, a storage area, and two bathrooms. The second floor features a spacious room with large windows facing Bravo Murillo Street and two additional rooms for increased storage capacity.

The street-level floor has porcelain tile flooring, while the first floor has ceramic tile flooring. The property is equipped with ducted air conditioning on both floors, featuring an Inverter heat pump for excellent climate control. Additionally, it includes energy-efficient LED lighting and pre-installed surveillance cameras.

In terms of security, the premises are equipped with an electric roll-up curtain and a glass door with an automatic sensor for customer access.

The property boasts a display window measuring 8.07 linear meters on the first floor and 6.32 linear meters at street level, both facing Bravo Murillo Street. Additional details include an interior ceiling height of 3 meters on the street-level floor and 2.50 meters on the first floor.

Sale Notes

Ref.: VO201  
Commercial space with an unbeatable location on Bravo Murillo Street, one of the busiest commercial streets in the Tetuán district, directly across from the Estrecho metro station.

Additionally, it is worth noting that the space was open to the public until less than a month ago, maintaining a good state of preservation and with all facilities in perfect working condition.

It is also served by bus lines 6 and 128, among others, and has excellent connectivity to the M-30 highway.

The area is close to several schools, daycare centers, health centers, hospitals, and banks such as Caixabank, BBVA, Santander, among others. Nearby supermarkets include Lidl, Carrefour, Mercadona, as well as a wide variety of restaurants, bars, cafés, hair salons, and more.  
Other nearby points of interest include the Fernando Martín Municipal Sports Center and the Las Maravillas supply market, among other notable locations.

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Property Facts Under Contract

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 8
Year Built 1960 - 1969

Amenities

Site Amenities

  • Public Transportation
  • Listing ID: 35842438

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: Tetuán, Madrid 28020

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