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Zona Tetuán 1,894 SF Retail Condo Unit Offered at $640,287 in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

Free facade for signs and customized storefronts.
Option to purchase or rent parking spaces in the building.

Three functional levels with interior access via stairs.
Strategic location in an expanding commercial area.

EXECUTIVE SUMMARY

Residential building with 7 above-ground floors located on Bravo Murillo Street. Commercial area with high pedestrian and vehicle traffic, as well as excellent transport connections.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	7
Property Subtype	Apartment	Year Built	1990 - 1999

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	7
Year Built	1990 - 1999

Bus Line

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Size	1,894 SF	Condo Use	Retail
Price	$640,287	Sale Type	Investment or Owner User
Price Per SF	$338.06

Unit Size	1,894 SF
Price	$640,287
Price Per SF	$338.06
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Commercial space of 176 m² built and approximately 147 m² usable, located on Bravo Murillo Street.

SALE NOTES

Located on one of Madrid's busiest commercial thoroughfares, this versatile property on Bravo Murillo represents an exceptional opportunity for investors seeking an asset with high appreciation potential and multiple usage possibilities. With a total area of 176 m² distributed across three levels (ground floor, upper floor, and basement), the property offers a flexible layout suitable for retail, dining, office space, or even conversion into residential use.

The customizable façade allows for tailoring the business's commercial image, while the dual orientation—front-facing Bravo Murillo and rear-facing a spacious courtyard—ensures excellent natural light. The upper floor is registered as residential in the land registry, opening the door to multi-story residential projects.

The property is equipped with heating and cooling via a heat pump, and there is an option to purchase two parking spaces in the same building, accessible by elevator or stairs. The area is undergoing significant real estate growth, surrounded by essential services and boasting unbeatable connectivity: bus lines right in front and Tetuán metro station just a two-minute walk away.