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Carabanchel, Madrid 28044 764 SF Retail Condo Unit Offered at $324,056

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INVESTMENT HIGHLIGHTS

  • Located with the facade facing the street, exposing the space user 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 $324,056
Price Per SF $424.16
Condo Use Retail
Sale Type Investment or Owner User
Sale Conditions Deferred Maintenance, High Vacancy Property
DESCRIPTION

The premises feature a spacious and open area, easily adaptable to various commercial or professional activities. It includes an integrated bathroom and a six-meter linear façade, providing excellent natural light and visibility from the street. The property offers the possibility of changing its use to residential, making it a versatile opportunity for both investment and establishing your own business.

SALE NOTES

Great opportunity to acquire a commercial space located in a prime area, with high visibility and transformation potential. The property features a spacious and open layout, easily adaptable to various commercial or professional activities. It includes an integrated bathroom and a six-meter linear facade, providing excellent natural light and visibility from the street. The space offers the possibility of changing its use to residential, making it a versatile opportunity for both investment and establishing your own business.

Situated in a well-established area, it has immediate access to all necessary services, such as supermarkets, educational centers, pharmacies, banks, restaurants, health centers, a police station, and green areas.

In terms of connectivity, it is just six minutes from the "La Peseta" metro station, part of Line 6 (circular), with direct connection to the Plaza Elíptica interchange. Additionally, it is well connected by various EMT bus lines (35, 47, 481, 482, 491, 492, 493, 108, 118, N16, and N17), ensuring easy travel throughout the city. Access by private vehicle is quick and direct via major roads: M-40, M-45, R-5, and A-42.

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

An ideal opportunity for entrepreneurs, investors, or individuals looking for a space with excellent location, 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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