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Ronda de Segovia 1,044 SF Office/Retail Condo Unit Offered at $419,204 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.
- Highly trafficked area with excellent transportation links.
- Meets requirements for change of use to loft-style residential property.
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 | $419,204 | Sale Type | Investment or Owner User |
| Price Per SF | $401.54 |
| Unit Size | 1,044 SF |
| Price | $419,204 |
| Price Per SF | $401.54 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Retail space with 97 m² at street level 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 a five-minute walk to La Latina and Madrid Río, the property is situated in one of the most vibrant and well-connected areas in the heart of Madrid.
The space has been recently renovated and features large windows that allow natural light to flood in throughout the day. It is equipped with a kitchen, hot/cold air conditioning, 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, including health centers, supermarkets, pharmacies, cultural and educational spaces, as well as a diverse culinary scene. Transportation connections are unbeatable, with immediate access to the Puerta de Toledo metro station (Line 5), several EMT bus lines, and Renfe commuter trains (Embajadores, Atocha). Additionally, there is direct access to the M-30 and major city exits.
This property represents an excellent investment opportunity in a high-demand area with strong potential for appreciation, making it ideal for both professional and residential use.
In the event of two or more interested buyers, the highest economic offer will be considered, subject to the property owner's selection and acceptance. This includes offers that may exceed the price listed in this advertisement.
The public sale price does not include acquisition or cancellation costs (notary fees, 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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