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Calle de Sajonia 3,229 SF Retail Condo Unit Offered at $764,976 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.
1 Unit Available
| Unit Size | 3,229 SF | Condo Use | Retail |
| Price | $764,976 | Sale Type | Investment |
| Price Per SF | $236.91 |
| Unit Size | 3,229 SF |
| Price | $764,976 |
| Price Per SF | $236.91 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Commercial space of 300 m² at street level in the Rosas neighborhood. Set up as a restaurant. It features a main dining area, café zone, kitchen, terrace, changing rooms, storage room, and restrooms. Adapted for people 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, main dining room with a reserved section, year-round operational terrace, changing rooms, and storage space.
The property is fully adapted for individuals with reduced mobility and boasts a professionally equipped kitchen, renovated in 2017, with high-end equipment such as a Rational oven, Roner, griddle, burners, refrigeration units, and heat lamps. This infrastructure ensures efficient and high-performance operations.
Currently, the restaurant is leased under a 10-year contract, of which three years have already been completed. The tenant has demonstrated reliability and punctuality in payments, guaranteeing 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 access to public transportation and a high influx of local customers is further enhanced by its proximity to the Wanda Metropolitano stadium, which increases customer flow on event days. This combination of factors makes the property a solid investment with potential for medium- and long-term appreciation.
+20 More
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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 |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
Presented by
Calle de Sajonia
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