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Carabanchel, Madrid 28044 764 SF Retail Condo Unit Offered at $320,225

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INVESTMENT HIGHLIGHTS

  • Located with the facade facing the street, exposing the user of the space to the business that generates pedestrian traffic.
  • Proximity to the M-40 highway and good access to public transportation.

EXECUTIVE SUMMARY

Residential building of 868 m² with street-level retail spaces, built in 1969 and located in Madrid.

PROPERTY FACTS

Total Building Size < 15,000 SF
Property Type
Multifamily (Condo)
  • General Retail Storefront Retail/Residential
Building Class C
Floors 4
Year Built 1960 - 1969

AMENITIES

  • Bus Line

SITE AMENITIES

  • Close to Public Transportation

1 UNIT AVAILABLE

Unit Size 764 SF
Price $320,225
Price Per SF $419.14
Condo Use Retail
Sale Type Investment or Owner User
Sale Conditions Deferred Maintenance, High Vacancy Property
DESCRIPTION

The property features a spacious, open-plan layout that can be easily adapted to various commercial or professional activities. It includes an on-site bathroom and a six-meter-wide façade, providing excellent natural light and visibility from the street. The property also offers the possibility of being converted into a residential unit, making it a versatile opportunity for both investment or establishing your own business.

SALE NOTES

Great opportunity to acquire a commercial space located in a prime area, offering high visibility and significant potential for transformation. The property features a spacious, open-plan layout that can be easily adapted to various commercial or professional activities. It includes an in-unit bathroom and a six-meter-wide façade, providing excellent natural light and visibility from the street. The space also offers the possibility of being converted into a residential property, making it a versatile opportunity for both investment or establishing your own business.

Situated in a well-established area, the property has immediate access to all essential services, such as supermarkets, schools, pharmacies, banks, restaurants, healthcare centers, a police station, and green spaces.

In terms of connectivity, it is just a six-minute walk from the "La Peseta" metro station, part of Line 6 (circular), with direct connections to the Plaza Elíptica transport hub. Additionally, it is well-served by several EMT bus lines (35, 47, 481, 482, 491, 492, 493, 108, 118, N16, and N17), ensuring easy travel throughout the city. For private vehicles, access is quick and direct via major roads: M-40, M-45, R-5, and A-42.

The Islazul and Sambil Outlet shopping centers are just minutes away, offering a wide variety of shops, services, and entertainment options.

This is an ideal opportunity for entrepreneurs, investors, or individuals seeking a property with an excellent location, growth potential, and multiple usage possibilities.

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  • Listing ID: 36511796

  • Date on Market: 6/27/2025

  • Last Updated:

  • Address: Carabanchel, Madrid 28044

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