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Avenida de la Albufera 1,981 SF Retail Building Puente de Vallecas, Madrid 28038 $1,161,344 ($586.37/SF)
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Investment Highlights
- Consolidated and busy residential area.
- Good communications.
Executive Summary
Commercial property for sale with profitability on Albufera Avenue in Madrid. Initially, it was two commercial premises.
The profitability is 6% and it has a current lease agreement, with a waiver of the right of first refusal.
This property has a total area of 184 m2, with 124 m2 located on the ground floor and 60 m2 on the first floor.
It boasts excellent street visibility and high commercial appeal.
It is located in an area with all services and established businesses. It also enjoys excellent public and private transportation connections (M-30 highway).
The profitability is 6% and it has a current lease agreement, with a waiver of the right of first refusal.
This property has a total area of 184 m2, with 124 m2 located on the ground floor and 60 m2 on the first floor.
It boasts excellent street visibility and high commercial appeal.
It is located in an area with all services and established businesses. It also enjoys excellent public and private transportation connections (M-30 highway).
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
< 15,000 SF
Building Class
C
Year Built
1910 - 1919
Price
$1,161,344
Price Per SF
$586.37
Percent Leased
100%
Amenities
- Bus Line
- Metro/Subway
- Natural Light
- Private Bathroom
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Presented by
Avenida de la Albufera
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