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Chamartín 699 SF Retail Condo Unit Offered at $961,841 in Chamartín, Madrid 28016
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INVESTMENT HIGHLIGHTS
- Area with high pedestrian traffic and all kinds of leisure and hospitality establishments.
- Well-connected area near the Colombia metro station with quick access to the M-30.
EXECUTIVE SUMMARY
Residential building in a well-established neighborhood in the Chamartín district. The area has high foot traffic and offers a wide variety of entertainment and dining options. Additionally, it is located very close to the well-known Chamartín Market and has excellent public transportation connections, just a short walk from the Colombia metro station.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1950 - 1959 |
AMENITIES
- Bus Line
- Natural Light
1 UNIT AVAILABLE
| Unit Size | 699 SF | Sale Type | Investment |
| Price | $961,841 | Cap Rate | 5.30% |
| Price Per SF | $1,376.02 | NOI | $50,977.56 |
| Condo Use | Retail |
| Unit Size | 699 SF |
| Price | $961,841 |
| Price Per SF | $1,376.02 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| NOI | $50,977.56 |
DESCRIPTION
Commercial space of 65 m² on the ground floor, featuring an exhaust system and a spacious terrace that accommodates 21 guests.
SALE NOTES
Commercial space on Calle de Costa Rica, located in a well-established neighborhood in the Chamartín district.
This 65 m² ground-floor commercial property features a smoke vent, hospitality license, and a spacious terrace. It includes a terrace license for 21 patrons.
Offers a 5% return and a long-term lease signed in 2025.
The area boasts high foot traffic and a wide variety of leisure and hospitality establishments. Additionally, it is just steps away from the famous Chamartín Market and benefits from excellent public transportation connections, including the nearby Colombia metro station.
Interior local
Interior local
Interior local
Presented by
Urbagesa
Chamartín
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