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Almagro 1,657 SF Retail Condo Unit Offered at $1,979,510 in Chamberí, Madrid 28010
Some information has been automatically translated.
Investment Highlights
- High-income area.
- Near the Rubén Darío and Alonso Martínez metro stations.
Executive Summary
Residential building with 5 above-ground floors featuring commercial spaces on the ground floor and apartments on the upper levels. Located in the Almagro neighborhood, a residential and office area with high pedestrian traffic and numerous hospitality businesses. Additionally, it offers excellent public transportation connections, situated near the Rubén Darío and Alonso Martínez metro stations.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 4.00% |
| Sale Type | Investment |
| Cap Rate | 4.00% |
Description
The total area of the premises is 154 m2, distributed as follows: 94 m2 on the ground floor, which includes a room, kitchen, and bathrooms, and a basement of 60 m2 used as storage. It is equipped with an exhaust system.
Sale Notes
Commercial property for sale with profitability in the Almagro neighborhood of Madrid.
Currently leased to a tenant under a recently signed long-term contract. Net profitability of 4%.
Located in the Almagro neighborhood, a residential and office area with high pedestrian traffic and numerous hospitality businesses. Additionally, it has excellent public transportation connections, close to the Rubén Darío and Alonso Martínez metro stations.
Currently leased to a tenant under a recently signed long-term contract. Net profitability of 4%.
Located in the Almagro neighborhood, a residential and office area with high pedestrian traffic and numerous hospitality businesses. Additionally, it has excellent public transportation connections, close to the Rubén Darío and Alonso Martínez metro stations.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,657 SF | Retail | $1,979,510 ($1,194.63/SF) | $79,180.38 |
-
| Unit Size |
| 1,657 SF |
| Condo Use |
| Retail |
| Price |
| $1,979,510 ($1,194.63/SF) |
| NOI |
| $79,180.38 |
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| Unit Size | 1,657 SF |
| Condo Use | Retail |
| Price | $1,979,510 ($1,194.63/SF) |
| NOI | $79,180.38 |
| Sale Type | Investment |
| Cap Rate | 4.00% |
| Description | |
| The total area of the premises is 154 m2, distributed as follows: 94 m2 on the ground floor, which includes a room, kitchen, and bathrooms, and a basement of 60 m2 used as storage. It is equipped with an exhaust system.</li></ul> | |
| Sale Notes | |
| Commercial property for sale with profitability in the Almagro neighborhood of Madrid.<br> <br> Currently leased to a tenant under a recently signed long-term contract. Net profitability of 4%.<br> <br> Located in the Almagro neighborhood, a residential and office area with high pedestrian traffic and numerous hospitality businesses. Additionally, it has excellent public transportation connections, close to the Rubén Darío and Alonso Martínez metro stations.</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 | B |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1920 - 1929 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 6 |
| Year Built | 1920 - 1929 |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
- Doorman
- Elevator
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Almagro
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