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Centro - Sol 1,270 SF Retail Condo Unit Offered at $698,674 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	$698,674	Sale Type	Investment or Owner User
Price Per SF	$550.14

Unit Size	1,270 SF
Price	$698,674
Price Per SF	$550.14
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

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

SALE NOTES

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

The entrance to the property is through an easement (communal area) that serves several units within the building. The first two doors, both on the right and left, provide access to the property.
The space is currently undergoing renovations, which are included in the price. Once completed, 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 features a concierge and an elevator.
It is adjacent to the Almacén de Pontejos, Madrid's busiest haberdashery, where long lines form daily. Although the property belongs to the building at C/ Marqués Viudo de Pontejos 2, the storefront faces Plaza de Pontejos. The last business activity conducted here was gold buying and selling.