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Trafalgar 6,135 SF Retail Condo Unit Offered at $3,493,368 in Chamberí, Madrid 28010
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INVESTMENT HIGHLIGHTS
- Area of high purchasing power.
- Close to the Bilbao and Quevedo metro stations.
EXECUTIVE SUMMARY
Residential building with 7 above-ground floors, featuring commercial spaces on the ground floor and apartments on the upper levels.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1940 - 1949 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1940 - 1949 |
1 UNIT AVAILABLE
| Unit Size | 6,135 SF | Sale Type | Investment |
| Price | $3,493,368 | Cap Rate | 4.80% |
| Price Per SF | $569.42 | NOI | $167,681.68 |
| Condo Use | Retail |
| Unit Size | 6,135 SF |
| Price | $3,493,368 |
| Price Per SF | $569.42 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.80% |
| NOI | $167,681.68 |
DESCRIPTION
Commercial space of 570 m2 distributed over two floors, basement of 294 and street floor of 274 m2.
SALE NOTES
Commercial property with profitability located in the heart of the Trafalgar neighborhood.
It has a recently signed 10-year lease agreement, ensuring consistent returns for the investor.
The surrounding area offers a wide range of services, including Carrefour Express and DIA supermarkets, as well as banking institutions like BBVA and Santander, making the location even more appealing for both residents and businesses.
The area also boasts a notable selection of dining and entertainment options. Just minutes away are iconic spots like Café Comercial, along with various restaurants and bars that make this neighborhood a favorite for both locals and tourists. Additionally, the proximity to Fuencarral Street and its diverse shopping options further enhances the location's appeal.
The area is well-connected by public transportation, with nearby access to metro stations such as Bilbao (Lines 1 and 4) and Quevedo (Line 2), as well as several bus lines that make it easy to reach different parts of the city. This strategic location ensures a steady flow of people throughout the day.
Presented by
Urbagesa
Trafalgar
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