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Chamartín 699 SF Retail Condo Unit Offered at $952,754 in Chamartín, Madrid 28016
Some information has been automatically translated.
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.30% |
| Sale Type | Investment |
| Cap Rate | 5.30% |
Description
Commercial space of 65 m² on the ground floor featuring an exhaust system and a spacious terrace that accommodates 21 diners.
Sale Notes
Commercial space on Costa Rica Street, located in a well-established neighborhood in the Chamartín district.
Ground-floor retail space of 65 m², equipped with smoke extraction, hospitality license, and a spacious terrace. The terrace license allows seating for up to 21 guests.
Offers a 5% return and a long-term lease signed in 2025.
Situated in an area with high pedestrian traffic and a wide variety of leisure and dining establishments. Additionally, it is just steps away from the renowned Chamartín Market and benefits from excellent public transportation connections, including the nearby Colombia metro station.
Ground-floor retail space of 65 m², equipped with smoke extraction, hospitality license, and a spacious terrace. The terrace license allows seating for up to 21 guests.
Offers a 5% return and a long-term lease signed in 2025.
Situated in an area with high pedestrian traffic and a wide variety of leisure and dining establishments. Additionally, it is just steps away from the renowned Chamartín Market and benefits from excellent public transportation connections, including the nearby Colombia metro station.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 699 SF | Retail | $952,754 ($1,363.02/SF) | $50,495.99 |
-
| Unit Size |
| 699 SF |
| Condo Use |
| Retail |
| Price |
| $952,754 ($1,363.02/SF) |
| NOI |
| $50,495.99 |
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| Unit Size | 699 SF |
| Condo Use | Retail |
| Price | $952,754 ($1,363.02/SF) |
| NOI | $50,495.99 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| Description | |
| Commercial space of 65 m² on the ground floor featuring an exhaust system and a spacious terrace that accommodates 21 diners.</li></ul> | |
| Sale Notes | |
| Commercial space on Costa Rica Street, located in a well-established neighborhood in the Chamartín district.<br> <br> Ground-floor retail space of 65 m², equipped with smoke extraction, hospitality license, and a spacious terrace. The terrace license allows seating for up to 21 guests.<br> <br> Offers a 5% return and a long-term lease signed in 2025.<br> <br> Situated in an area with high pedestrian traffic and a wide variety of leisure and dining establishments. Additionally, it is just steps away from the renowned Chamartín Market and benefits from excellent public transportation connections, including the nearby Colombia metro station.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| 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
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Chamartín
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