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Calle de Sajonia 3,229 SF Retail Condo Unit Offered at $756,896 in San Blas - Canillejas, Madrid 28022

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INVESTMENT HIGHLIGHTS

Strategic location near the Wanda Metropolitano stadium.
Tenant with an active lease and an annual return of 7.4%.
Year-round operational terrace with 12 tables.

Space adapted for people with reduced mobility.
Renovated and fully equipped professional kitchen.
Potential for appreciation in a well-established residential area.

EXECUTIVE SUMMARY

Residential building with 7 above-ground floors located in the Rosas neighborhood. Established area with good transportation links.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Floors	7
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	7
Year Built	1990 - 1999
Parking	Yes

Bus Line

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	3,229 SF	Condo Use	Retail
Price	$756,896	Sale Type	Investment
Price Per SF	$234.41

Unit Size	3,229 SF
Price	$756,896
Price Per SF	$234.41
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

Street-level commercial space of 300 m² located in the Rosas neighborhood. Set up as a restaurant. Features a main dining area, café section, kitchen, terrace, changing rooms, storage area, and restrooms. Fully adapted for individuals with reduced mobility.

SALE NOTES

Located in the well-established neighborhood of Las Rosas, just 15 minutes from the Wanda Metropolitano Stadium, this restaurant represents an exceptional investment opportunity. Operating since 1998, the property consists of two corner commercial spaces with a total area of 300 m². It features a functional layout that includes a café area, a main dining room with a private section, a year-round operational terrace, staff changing rooms, and storage space.

The property is fully adapted for individuals with reduced mobility and boasts a fully equipped professional kitchen, renovated in 2017, with high-end equipment such as a Rational oven, Roner, griddle, burners, refrigeration units, and heat lamps. This infrastructure enables efficient and high-performance operations.

Currently, the restaurant is leased under a 10-year contract, with three years already completed. The tenant has demonstrated reliability and punctuality in payments, ensuring an annual return of 7.4% on the sale price. Fixed expenses are moderate, further reinforcing the financial stability of the asset.

Its strategic location in a residential area with excellent public transportation access and a high volume of local clientele is further enhanced by its proximity to the Wanda Metropolitano Stadium, which increases customer traffic on event days. This combination of factors makes the property a solid investment with medium- to long-term appreciation potential.