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Calle Marcelo Usera 1,431 SF Retail Condo Unit Offered at $391,417 in Usera, Madrid 28026
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Investment Highlights
- Good location.
- Residential area, consolidated 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 | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| 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 | Sale Type | Investment |
| Price | $391,417 | Cap Rate | 6.50% |
| Price Per SF | $273.53 | NOI | $25,442.11 |
| Condo Use | Retail |
| Unit Size | 1,431 SF |
| Price | $391,417 |
| Price Per SF | $273.53 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| NOI | $25,442.11 |
Description
Currently rented commercial space with a total area of 133 m2 distributed over three floors.
Sale Notes
Commercial space currently rented, with an annual return of around 6.5% and a lease in effect until 2026.
Located in a commercial area on the iconic Marcelo Usera street, at a corner location, offering unbeatable visibility thanks to its more than 8 linear meters of storefront, ensuring high commercial impact and a constant flow of pedestrians.
It has a total area of 133 m2 distributed over three levels, the space consists of:
Ground floor: 53.4 m2.
Basement: 53.4 m2.
Mezzanine: 25.8 m2.
The space is bright, functional, and adaptable to multiple commercial uses, ideal for brands seeking presence in a well-established area with high activity.
Floor Plan
Interior Photo
Interior Photo
Presented by
Calle Marcelo Usera
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