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Zona Pinar del Rey 1,076 SF Retail Condo Unit Offered at $172,614 in Hortaleza, Madrid 28033
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INVESTMENT HIGHLIGHTS
- Independent entrance from the street with direct visibility.
- Bar area with installed counter and window facing the street.
- Distribution on two floors plus a functional mezzanine.
- Three strategically distributed bathrooms 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 | $172,614 | Sale Type | Investment or Owner User |
| Price Per SF | $160.42 |
| Unit Size | 1,076 SF |
| Price | $172,614 |
| Price Per SF | $160.42 |
| 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 in Madrid.
SALE NOTES
Ref.: GPF-19187
Located at street level, this versatile property of approximately 100 m2 distributed over two floors plus a mezzanine offers an excellent investment opportunity in a well-established urban area. With direct access from the street, the property retains elements from its previous use as a bar, including an installed bar counter and air conditioning system. It is currently set up as a residence, allowing for a quick conversion according to the buyer's needs.
The ground floor features a bar area with a window to the street (currently boarded up), while the basement houses two windowless rooms and three separate bathrooms, one in each room and another next to the staircase. The small mezzanine is used as storage, adding functionality to the space. Although the property currently lacks electrical supply, its structural configuration and location make it ideal for multiple 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 personalize a space with character, 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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