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Zona Pinar del Rey 1,076 SF Retail Condo Unit Offered at $174,858 in Hortaleza, Madrid 28033
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INVESTMENT HIGHLIGHTS
- Separate entrance from the street with direct visibility.
- Bar area with bar installed and window to the street.
- Distribution on two floors plus functional attic.
- Three bathrooms strategically distributed in the basement.
EXECUTIVE SUMMARY
Residential building with 14 above-ground floors featuring street-level commercial spaces in the Pinar del Rey area of Madrid. Established area with good transportation links.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 14 |
| Property Subtype | Apartment | Year Built/Renovated | 1970 - 1979/2000 - 2009 |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 14 |
| Year Built/Renovated | 1970 - 1979/2000 - 2009 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
SITE AMENITIES
- Elevator
- Public Transportation
- Private Bathroom
1 UNIT AVAILABLE
| Unit Size | 1,076 SF | Condo Use | Retail |
| Price | $174,858 | Sale Type | Investment or Owner User |
| Price Per SF | $162.51 |
| Unit Size | 1,076 SF |
| Price | $174,858 |
| Price Per SF | $162.51 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Commercial space of 100 m2 built at street level in the area of Pinar del Rey in Madrid.
SALE NOTES
Reference: GPF-19187
Located at street level, this versatile space of approximately 100 m2 distributed over two floors plus a mezzanine offers an excellent investment opportunity in a consolidated urban area. With direct access from public roads, the property retains elements from its previous use as a bar, including an installed bar and air conditioning system. It is currently conditioned as a home, allowing for a quick conversion according to the needs of the buyer.
The ground floor has a bar area with a window to the street (currently walled up), while the basement houses two rooms without windows and three separate bathrooms, one in each room and the other next to the staircase. The attic, small in size, is used as a storage room, adding functionality to the whole. Although the premises currently have no electricity supply, its structural configuration and location make it ideal for multiple uses: from loft housing to commercial space or professional studio.
This asset represents a unique opportunity for those who seek to reform and personalize a space with character, in an urban environment with good connectivity and potential for valuation.
Interior Photo
Interior Photo
Presented by
Zona Pinar del Rey
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