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Zona Recoletos 2,055 SF Retail Condo Unit Offered at $1,615,715 in Salamanca, Madrid 28001

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INVESTMENT HIGHLIGHTS

Facade facing two streets.
All necessary services in the area.

Ground floor commercial spaces.
Excellent public transportation access

EXECUTIVE SUMMARY

Exclusive office building with 9 floors above ground level (ground floor + 8). Located on Núñez de Balboa Street at the corner with Goya Street. Area with high pedestrian and vehicle traffic. Situated in the most exclusive part of the Salamanca district, with excellent public and private transport connections. Surrounded by a wide range of businesses and services nearby: shops, banks, restaurants, bars, etc.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Floors	9
Property Type	Office (Condo) General Retail Storefront Retail/Office	Year Built	1970 - 1979
Building Class	B	Parking	Yes

Total Building Size	> 50,000 SF
Property Type	Office (Condo) General Retail Storefront Retail/Office
Building Class	B
Floors	9
Year Built	1970 - 1979
Parking	Yes

Bus Line
Metro/Subway
Security System

Close to Public Transportation
Doorman
Sprinkler System

Elevator
Instant Hot Water

Private Bathroom
Air Conditioning

1 UNIT AVAILABLE

Unit 01

Unit Size	2,055 SF	Condo Use	Retail
Price	$1,615,715	Sale Type	Investment
Price Per SF	$786.24

Unit Size	2,055 SF
Price	$1,615,715
Price Per SF	$786.24
Condo Use	Retail
Sale Type	Investment

DESCRIPTION

Set of two connected commercial spaces totaling 191 m², distributed across two levels.
High-quality technical finishes.

SALE NOTES

Commercial space with a prime location in the heart of the Recoletos neighborhood. This fantastic and exclusive space is ideal for showcasing major brands and luxury stores, making the property an excellent investment opportunity with high profitability. It consists of two connected spaces, with access from the street-level space to the basement space, totaling 191 m2. Considering that we are talking about two independent registered properties, the investment is more advantageous and far-reaching. The properties are located in a representative building that enjoys significant commercial activity. The street-level space is 136 m2 with a magnificent storefront, currently divided into several areas, including a commercial zone, office, storage, and bathroom. The basement space is 45 m2, offering an ideal area for storage, workshop, office, or service area. This floor also has a bathroom. The location of the properties is unbeatable, as they are situated in the most commercial area of the Salamanca District, which is the most sought-after area in Madrid due to its location, range of services, sophisticated atmosphere, and exclusivity. It is known for its stately buildings and is one of the most elegant neighborhoods in Europe.