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Calle Marcelo Usera 1,431 SF Retail Condo Unit Offered at $386,599 in Usera, Madrid 28026

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INVESTMENT HIGHLIGHTS

  • Good location.
  • Residential area, established and close to all services.

EXECUTIVE SUMMARY

Residential building constructed in 1955. This is a housing building with commercial spaces on the ground floor.

PROPERTY FACTS

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Year Built 1950 - 1959

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Basement
  • Instant Hot Water

SITE AMENITIES

  • Public Transportation
  • Private Bathroom

1 UNIT AVAILABLE

Unit Size 1,431 SF
Price $386,599
Price Per SF $270.16
Condo Use Retail
Sale Type Investment
Cap Rate 6.50%
NOI $25,128.96
DESCRIPTION

Commercial space currently rented with a total area of 133 m² distributed across three levels.

SALE NOTES

Commercial space currently rented, offering an annual return of approximately 6.5% with a lease agreement in place until 2026.

Located in a commercial area on the iconic Marcelo Usera street, situated on a corner, providing unbeatable visibility thanks to its more than 8 linear meters of storefront. This ensures high commercial impact and a constant flow of pedestrians.

The property has a total area of 133 m² distributed across three levels, consisting of:

Ground floor: 53.4 m².

Basement: 53.4 m².

Mezzanine: 25.8 m².

The space is bright, functional, and adaptable to various commercial uses, making it ideal for brands seeking a presence in a well-established and highly active area.

Floor Plan
Interior Photo
Interior Photo
View Photo Floor Plan
View Photo Interior Photo
View Photo Interior Photo
  • Listing ID: 35963872

  • Date on Market: 5/23/2025

  • Last Updated:

  • Address: Usera, Madrid 28026

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