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Zona Pinar del Rey 1,076 SF Retail Condo Unit Offered at $173,251 in Hortaleza, Madrid 28033
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INVESTMENT HIGHLIGHTS
- Independent entrance from the street with direct visibility.
- Bar area with installed counter and street-facing window.
- Distribution across two floors plus a functional mezzanine.
- 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 | $173,251 | Sale Type | Investment or Owner User |
| Price Per SF | $161.01 |
| Unit Size | 1,076 SF |
| Price | $173,251 |
| Price Per SF | $161.01 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
Commercial space of 100 m² built at street level in the Pinar del Rey area of Madrid.
SALE NOTES
Ref.: GPF-19187
Located at street level, this versatile commercial space of approximately 100 m² distributed across two floors plus a mezzanine offers an excellent investment opportunity in a well-established urban area. With direct access from the public road, the property retains elements from its previous use as a bar, including an installed counter and air conditioning system. It is currently configured as a residential unit, allowing for a quick conversion based on the buyer's needs.
The ground floor features a bar area with a window facing the street (currently boarded up), while the basement houses two rooms without windows and three independent bathrooms—one in each room and another next to the staircase. The mezzanine, which is small in size, is used as storage, adding functionality to the space. Although the property currently lacks an electrical supply, its structural layout and prime location make it ideal for various uses: from a loft-style residence to a commercial space or professional studio.
This asset represents a unique opportunity for those looking to renovate and customize a space with character, situated in an urban environment with good connectivity and potential for appreciation.
Interior Photo
Interior Photo
Presented by
Zona Pinar del Rey
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