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Ronda de Segovia 1,044 SF Office/Retail Condo Unit Offered at $423,908 in Centro, Madrid 28005
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INVESTMENT HIGHLIGHTS
- Located next to Ronda de Segovia and Puerta de Toledo.
- Large windows and excellent natural light entry.
- Highly trafficked area with good transportation links.
- Meets requirements for change of use to loft-style residential.
EXECUTIVE SUMMARY
Residential building with 8 above-ground floors near Puerta de Toledo. Located on Ronda de Segovia, an area with high pedestrian traffic and excellent transportation links.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Year Built | 1990 - 1999 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Year Built | 1990 - 1999 |
| Parking | Yes |
AMENITIES
SITE AMENITIES
- Doorman
- Public Transportation
1 UNIT AVAILABLE
| Unit Size | 1,044 SF | Condo Use | Office/Retail |
| Price | $423,908 | Sale Type | Investment or Owner User |
| Price Per SF | $406.04 |
| Unit Size | 1,044 SF |
| Price | $423,908 |
| Price Per SF | $406.04 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Commercial space with 97 m2 on the ground floor located on Ronda de Segovia, just a few meters from Puerta de Toledo.
SALE NOTES
Located in a quiet, gated community on Ronda de Segovia, this spacious and bright commercial space/office offers an exceptional opportunity for professional use or residential conversion. Just steps away from the iconic Puerta de Toledo and five minutes from La Latina and Madrid Río, the property is situated in one of the most vibrant and well-connected areas in the center of Madrid.
The space has been recently renovated and features large windows that allow natural light to flood in throughout the day. It includes a kitchen, air conditioning (hot/cold), a reinforced door, an alarm system, and concierge service, ensuring comfort, security, and functionality. The building, only 29 years old, is in excellent condition and meets the requirements for conversion to residential use, making it an ideal option for developing a modern loft or rental property.
The area offers a wide range of services: health centers, supermarkets, pharmacies, cultural and educational spaces, as well as a diverse gastronomic offering. The transportation connections are excellent, with immediate access to the Puerta de Toledo metro station (L5), several EMT bus lines, and Renfe commuter trains (Embajadores, Atocha), as well as direct connection to the M-30 and main city exits.
This asset represents an excellent investment opportunity in an area with high demand and potential for appreciation, ideal for both professional and residential use.
In the event of two or more clients being interested in the property, the highest economic offer will be considered, subject to the choice and acceptance of the property owner. This applies even if the offer exceeds the price set in this announcement.
The public sale price does not include acquisition or cancellation costs (Notary, registration, management, mortgages, taxes, capital gains, RE/MAX ABILITY agency fees, etc.).
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Presented by
Ronda de Segovia
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