Your email has been sent.
Chamartín 11,904 SF Retail Condo Unit Offered at $8,516,695 in Chamartín, Madrid 28016
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Area with high pedestrian and vehicle traffic.
- Several metro and bus stops nearby.
EXECUTIVE SUMMARY
Residential building with 8 above-ground floors, featuring commercial spaces on the ground floor and apartments on the upper levels. Additionally, it boasts excellent public transportation connections, located very close to the Colombia, Nuevos Ministerios, and Avenida de América metro stations, as well as a wide variety of urban bus lines.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 8 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Year Built | 1950 - 1959 |
1 UNIT AVAILABLE
| Unit Size | 11,904 SF | Sale Type | Investment |
| Price | $8,516,695 | Cap Rate | 4.52% |
| Price Per SF | $715.45 | NOI | $384,954.61 |
| Condo Use | Retail |
| Unit Size | 11,904 SF |
| Price | $8,516,695 |
| Price Per SF | $715.45 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.52% |
| NOI | $384,954.61 |
DESCRIPTION
Premises area: 1,106 m², with 589 m² on the ground floor and 517 m² in the basement. It includes a smoke vent and a terrace.
SALE NOTES
Commercial property for sale with profitability located in the Chamartín district, next to República Dominicana Square and very close to Berlin Park.
Net profitability of 4.52% until 2026, increasing to 4.92% for the remainder of the contract.
The property is situated on one of the main arteries of Príncipe de Vergara Street, a residential area with a variety of shops and hospitality businesses.
Additionally, it boasts excellent public transportation connections, being very close to the metro stations of Colombia, Nuevos Ministerios, and Avenida de América, as well as a wide range of urban bus lines.
Interior
Interior
Interior
Interior
Interior
Presented by
Urbagesa
Chamartín
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.