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Chamartín 699 SF Retail Condo Unit Offered at $972,108 in Chamartín, Madrid 28016
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Investment Highlights
- Area with high foot traffic and all types 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 Size | 699 SF | Sale Type | Investment |
| Price | $972,108 | Cap Rate | 5.30% |
| Price Per SF | $1,390.71 | NOI | $51,521.72 |
| Condo Use | Retail |
| Unit Size | 699 SF |
| Price | $972,108 |
| Price Per SF | $1,390.71 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| NOI | $51,521.72 |
Description
Commercial space of 65 m2 on the ground floor featuring an exhaust system and a large terrace that can accommodate 21 diners.
Sale Notes
Retail space on Calle de Costa Rica, in a well-established neighborhood in the Chamartín district.
Commercial space of 65 m² at street level, with venting for kitchen exhaust, hospitality license, and a large outdoor terrace. The terrace license allows seating for up to 21 diners.
5% yield and long-term lease signed in 2025.
Area with high pedestrian traffic and a wide variety of leisure and hospitality venues. It is also just a few steps from the well-known Chamartín Market and has excellent public transportation connections, including the nearby Colombia metro station.
Interior local
Interior local
Interior local
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
Presented by
Company Not Provided
Chamartín
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