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Zona Niño Jesús 2,841 SF Retail Condo Unit Offered at $659,106 in Retiro, Madrid 28007
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Investment Highlights
- Located next to the metro and Conde de Casal square.
- Ideal property for investors.
- Area with high pedestrian and vehicle traffic.
- Very commercial and well-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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
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, offers direct access from the street. The mezzanine, with 80 m², provides a functional space for office use, retail, or storage. The basement, covering 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.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 2,841 SF | Retail | $659,106 ($232.00/SF) | - |
-
| Unit Size |
| 2,841 SF |
| Condo Use |
| Retail |
| Price |
| $659,106 ($232.00/SF) |
| NOI |
| - |
-
| Unit Size | 2,841 SF |
| Condo Use | Retail |
| Price | $659,106 ($232.00/SF) |
| NOI | - |
| 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, such as 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).</li></ul> | |
| Sale Notes | |
| Commercial property for sale with an active 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 steady flow of potential customers.<br> <br> 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, offers direct access from the street. The mezzanine, with 80 m², provides a functional space for office use, retail, or storage. The basement, covering 68 m², includes a bathroom.<br> <br> 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.</li></ul> |
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 |
Amenities
Site Amenities
- Elevator
- Private Bathroom
Presented by
Zona Niño Jesús
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