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Zona Niño Jesús 2,841 SF Retail Condo Unit Offered at $669,267 in Retiro, Madrid 28007

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Investment Highlights

Located next to the metro and Conde de Casal square.
Ideal property for investor.

Area with high pedestrian and vehicle traffic.
Highly commercial and established area.

Executive Summary

Nine-story residential building above ground located in the Retiro district. The property features an elevator, concierge, and storage rooms, as well as several commercial spaces on the ground floor. It is conveniently located near multiple metro stations, including Sainz de Baranda (lines 6 and 9), Pacífico (lines 1 and 6), Manuel Becerra (lines 2 and 6), and Conde de Casal (lines 6 and 11). The area offers a wide range of amenities, including supermarkets, shops, cafés, and restaurants. It is within walking distance of Retiro Park, perfect for outdoor activities, and renowned hospitals such as Gregorio Marañón and Niño Jesús.

Property Facts

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	9
Property Subtype	Apartment	Year Built	1960 - 1969

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	9
Year Built	1960 - 1969

Unit Amenities

Storage Space

Site Amenities

Elevator

Private Bathroom

1 Unit Available

Unit Size	2,841 SF	Condo Use	Retail
Price	$669,267	Sale Type	Investment
Price Per SF	$235.57

Unit Size	2,841 SF
Price	$669,267
Price Per SF	$235.57
Condo Use	Retail
Sale Type	Investment

Description

Residential building with 9 floors above ground located in the Retiro district. It boasts excellent connectivity for both public and private transportation. It is close to several metro stations, including Sainz de Baranda (lines 6 and 9), Pacífico (lines 1 and 6), Manuel Becerra (lines 2 and 6), and Conde de Casal (lines 6 and 11).

Sale Notes

Commercial property for sale with an existing lease agreement, generating profitability from day one. The asset is located in a high-traffic area next to the Conde de Casal metro station, ensuring constant exposure and a flow of potential customers. The property has a total built area of 246 m2 and approximately 242 m2 of usable space, distributed across three levels. The ground floor, measuring 94 m2, has direct access from the street. The mezzanine, with 80 m2, offers a functional space for office, retail, or storage. The basement, measuring 68 m2, includes a bathroom. The property is situated in a well-established area with high commercial demand and excellent connectivity. This transaction represents an opportunity to acquire a leased asset with stable income, in a strategic location with long-term potential.