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Zona Tetuán 1,894 SF Retail Condo Unit Offered at $647,623 in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

Free façade for personalized signs and windows.
Option to purchase or rent parking spaces in the building.

Three functional levels with interior access by 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	$647,623	Sale Type	Investment or Owner User
Price Per SF	$341.93

Unit Size	1,894 SF
Price	$647,623
Price Per SF	$341.93
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

Commercial space of 176 m2 built and about 147 m2 useful in Bravo Murillo street.

SALE NOTES

Located in one of the busiest commercial arteries in Madrid, this versatile store in Bravo Murillo represents an exceptional opportunity for investors looking for an asset with high valuation potential and multiple possibilities of use. With a total area of 176 m2 distributed over three levels (street floor, upper floor and basement), the property offers a flexible configuration that allows everything from retail to restaurants, offices or even conversion into housing.
The free-use façade allows you to customize the commercial image of the business, while the double orientation — front facing Bravo Murillo and the rear facing a large block courtyard — guarantees an excellent entry of natural light. The upper floor is registered as housing in Catastro, which opens the door to residential projects of more than one height.
The property has air conditioning by heat and cold pumps, and there is the option of purchasing two parking spaces in the same building, accessible by elevator or stairs. The area is in full real estate expansion, surrounded by essential services and with unbeatable connectivity: bus lines right in front and Tetuán metro station just two minutes away.