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Centro - Sol 1,270 SF Retail Condo Unit Offered at $707,030 in Centro, Madrid 28012

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INVESTMENT HIGHLIGHTS

Next to the Puerta del Sol.

Excellent communications.

EXECUTIVE SUMMARY

7-story residential building next to Puerta del Sol. Excellent transportation links.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	7
Property Subtype	Apartment	Year Built	1900 - 1909

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	7
Year Built	1900 - 1909

Bus Line

Natural Light

UNIT AMENITIES

Heating

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	1,270 SF	Condo Use	Retail
Price	$707,030	Sale Type	Investment or Owner User
Price Per SF	$556.72

Unit Size	1,270 SF
Price	$707,030
Price Per SF	$556.72
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

It has 118 m2 built, divided into 3 floors:
- Ground floor: main room of 27 m2 with high ceilings and an adjoining room of 5 m2 on the ground floor.
- First floor: 38 m2 apartment on the 1st floor.
- Basement of 38 m2 with high ceilings.

SALE NOTES

Ref.: PR99559212V
Commercial space in a prime location in the heart of Madrid, right behind the clock of Puerta del Sol (Real Casa de Correos).

The entrance to the space is through an easement (community area) that serves several parts of the building. The first two doors, both on the right and left, lead to the property. The space is currently undergoing renovation, which is included in the price. After the renovation, the property will be divided into two parts: a commercial space with a basement and a separate loft-style apartment, each with independent entrances. The building has a concierge and an elevator.

It is adjacent to the Pontejos Warehouse, the busiest haberdashery in Madrid, in front of which long lines form daily. Although the space belongs to the building at C/ Marqués Viudo de Pontejos 2, the facade of the space faces Plaza de Pontejos. The last activity was buying and selling gold.