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Calle Azabache 1,819 SF Retail Condo Unit Offered at $345,872 in Carabanchel, Madrid 28019

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Investment Highlights

In a well-established residential area.

Good public transportation access

Executive Summary

Residential building with commercial spaces on the ground floor and a total area of 1,077 m², distributed across 4 above-ground floors. It is well-connected by public transportation, with several urban bus lines and a nearby metro station.

Property Facts

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	4
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1960 - 1969

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Floors	4
Year Built	1960 - 1969

Unit Amenities

Wi-Fi

Instant Hot Water

Site Amenities

Wi-Fi

Storage Space

Community-Wide WiFi

Public Transportation

1 Unit Available

Unit Size	1,819 SF	Sale Type	Investment
Price	$345,872	Cap Rate	5.69%
Price Per SF	$190.14	NOI	$19,681.18
Condo Use	Retail

Unit Size	1,819 SF
Price	$345,872
Price Per SF	$190.14
Condo Use	Retail
Sale Type	Investment
Cap Rate	5.69%
NOI	$19,681.18

Description

Premises with a total area of 169 m2 available for sale with profitability.
Large storefront and plenty of natural light inside.

Sale Notes

Commercial space with a total area of 169 m² and a profitability of 5.5%.
It features a 9.50-meter storefront, offering an almost open-plan layout except for the bathroom areas.
The property has gres flooring, and the window frames are made of aluminum.
It is well-connected by public transportation, with several urban bus lines and a metro station nearby.
The area offers various amenities, including educational centers (daycares, schools, and high schools), a health center on General Ricardos Street, as well as cultural centers like the Oporto center and sports facilities in the vicinity.