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Ronda de Segovia 1,162 SF Office/Retail Condo Unit Offered at $348,834 in Centro, Madrid 28005

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INVESTMENT HIGHLIGHTS

Location in the Palacio neighborhood, Centro district of Madrid.

Excellent public transportation connections and road access to the city center.

EXECUTIVE SUMMARY

Residential building located in the municipality of Madrid. It is situated on Ronda de Segovia, within the Palacio neighborhood in the Centro district, a historic area known for its traditional architecture, pedestrian streets, and proximity to significant landmarks and cultural spaces. The immediate surroundings feature points of interest such as the Royal Post Office (Real Casa de Correos), Plaza Mayor, and Almudena Cathedral, as well as a wide range of restaurants, shops, museums, and urban services. The area blends tourist activity with local life, offering a dynamic and well-established urban environment. The location boasts excellent connectivity through Madrid's central road network and public transportation, with several metro and bus lines providing direct access to other parts of the city.

PROPERTY FACTS

Total Building Size	< 15,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	4
Property Subtype	Apartment	Year Built	1940 - 1949

Total Building Size	< 15,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	4
Year Built	1940 - 1949

1 UNIT AVAILABLE

Unit Size	1,162 SF	Condo Use	Office/Retail
Price	$348,834	Sale Type	Investment or Owner User
Price Per SF	$300.20

Unit Size	1,162 SF
Price	$348,834
Price Per SF	$300.20
Condo Use	Office/Retail
Sale Type	Investment or Owner User

DESCRIPTION

Commercial space with a built area of 108 m², featuring access both through a street-facing door and via the building's main entrance.
It is divided into two offices, open-plan areas, a restroom, and access to a patio.

SALE NOTES

Commercial space located on Ronda de Segovia, in the city of Madrid.

Ideal for conversion to residential use, it is situated in a well-established area with a wide range of services, including a health center, specialty clinic, municipal library, sports complex, fire station, and local shops.

The location offers excellent connectivity via road networks and public transportation. It has immediate access to the M-30, A-5, and A-42 highways. Regarding urban transport, it is close to the Puerta de Toledo metro station and several bus lines. Additionally, the area is complemented by nearby green spaces, such as Parque de la Cornisa and Madrid Río.