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Calle de Ponciano 2,066 SF Office/Retail Condo Unit Offered at $1,108,337 in Centro, Madrid 28015

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INVESTMENT HIGHLIGHTS

Established residential area with services and businesses.

Access to public transportation via Ascao metro station (L7) and urban bus lines.

EXECUTIVE SUMMARY

Residential building located within the Ciudad Lineal district. It is situated in a well-established urban area with a wide range of services and amenities, including local shops, educational and healthcare facilities, as well as sports installations. The immediate surroundings consist of multi-family residential buildings, combined with ground-floor commercial spaces and green areas. The area also benefits from excellent connectivity via the M-30 and main avenues, providing easy access to Madrid's city centre and the metropolitan road network. It is served by several urban bus lines and is close to the Ascao metro station (Line 7).

PROPERTY FACTS

Total Building Size	< 15,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	6
Property Subtype	Apartment	Year Built	1960 - 1969

Total Building Size	< 15,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	6
Year Built	1960 - 1969

UNIT AMENITIES

Air Conditioning

Heating

Instant Hot Water

SITE AMENITIES

Public Transportation

1 UNIT AVAILABLE

Unit A

Unit Size	2,066 SF	Condo Use	Office/Retail
Price	$1,108,337	Sale Type	Investment or Owner User
Price Per SF	$536.47

Unit Size	2,066 SF
Price	$1,108,337
Price Per SF	$536.47
Condo Use	Office/Retail
Sale Type	Investment or Owner User

DESCRIPTION

Premises with an area of 192 m² distributed over two floors and high ceilings of 7 meters, offering an exceptional sense of spaciousness and brightness.

The property features a ground floor exterior, two bathrooms, a storage area, and a layout that allows for multiple design and functionality options.

It is equipped with individual electric heating, air conditioning, terrazzo flooring, and a glass façade, ensuring comfort and practicality.

SALE NOTES

Premises located on Ponciano Street, Malasaña-University area, Madrid.

Suitable for both commercial activity and conversion into residential use. The premises require renovation, allowing it to be adapted to the user's needs.

The property is situated in a central area, with easy access via public and private transportation, surrounded by shops, restaurants, and services in the Malasaña-University neighborhood.