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Calle de Alonso Cano 1,776 SF Retail Condo Unit Offered at $818,200 in Chamberí, Madrid 28003
Some information has been automatically translated.
Investment Highlights
- Busy and commercial area.
- Good public transportation access.
Executive Summary
Residential property with 3,017 m2 built, distributed across seven above-ground floors, located in the Nuevos Ministerios-Ríos Rosas area. Busy residential area surrounded by shops and services, with good public transportation connections.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.00% |
| Sale Type | Investment |
| Cap Rate | 5.00% |
Description
Practically open-plan space, very bright, with 3.4-meter-high ceilings. It features a spacious main area, an office or meeting room, restrooms, and a storage area, all in excellent condition and with the option to divide using partitions.
Sale Notes
Sale of a high-yield corner commercial space with extensive usage possibilities in Nuevos Ministerios-Ríos Rosas.
Bright and practically open-plan, this splendid property stands out for its pleasant natural lighting, ideal for both staff comfort and customer service. It features ceilings up to 3.4 meters high in most areas and is distributed into a spacious main area, an office or meeting room, restrooms, and storage space. The entire property is in excellent condition and offers multiple configuration options, easily adaptable with partitions.
Currently leased to a well-established business that has occupied the space for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start receiving rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible upon the expiration of the current lease.
The property includes pre-installed air conditioning, electric shutters, additional access through the building's entrance, and central heating with individualized consumption.
The registered built area, including common elements, is 186 m², the constructed area is 165 m², and the verified usable area is 140 m². Annual expenses are low: property tax (IBI) of €170 and a waste disposal fee of €35.
Located in a prime area with high residential density and a surrounding environment of elevated purchasing power, the property benefits from constant foot traffic from both residents and professionals working in the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — Metro and commuter trains — just a few minutes' walk away.
Bright and practically open-plan, this splendid property stands out for its pleasant natural lighting, ideal for both staff comfort and customer service. It features ceilings up to 3.4 meters high in most areas and is distributed into a spacious main area, an office or meeting room, restrooms, and storage space. The entire property is in excellent condition and offers multiple configuration options, easily adaptable with partitions.
Currently leased to a well-established business that has occupied the space for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start receiving rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible upon the expiration of the current lease.
The property includes pre-installed air conditioning, electric shutters, additional access through the building's entrance, and central heating with individualized consumption.
The registered built area, including common elements, is 186 m², the constructed area is 165 m², and the verified usable area is 140 m². Annual expenses are low: property tax (IBI) of €170 and a waste disposal fee of €35.
Located in a prime area with high residential density and a surrounding environment of elevated purchasing power, the property benefits from constant foot traffic from both residents and professionals working in the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — Metro and commuter trains — just a few minutes' walk away.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,776 SF | Retail | $818,200 ($460.70/SF) | $40,910.02 |
-
| Unit Size |
| 1,776 SF |
| Condo Use |
| Retail |
| Price |
| $818,200 ($460.70/SF) |
| NOI |
| $40,910.02 |
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-
| Unit Size | 1,776 SF |
| Condo Use | Retail |
| Price | $818,200 ($460.70/SF) |
| NOI | $40,910.02 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| Description | |
| Practically open-plan space, very bright, with 3.4-meter-high ceilings. It features a spacious main area, an office or meeting room, restrooms, and a storage area, all in excellent condition and with the option to divide using partitions.</li></ul> | |
| Sale Notes | |
| Sale of a high-yield corner commercial space with extensive usage possibilities in Nuevos Ministerios-Ríos Rosas.<br> <br> Bright and practically open-plan, this splendid property stands out for its pleasant natural lighting, ideal for both staff comfort and customer service. It features ceilings up to 3.4 meters high in most areas and is distributed into a spacious main area, an office or meeting room, restrooms, and storage space. The entire property is in excellent condition and offers multiple configuration options, easily adaptable with partitions.<br> <br> Currently leased to a well-established business that has occupied the space for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start receiving rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible upon the expiration of the current lease.<br> <br> The property includes pre-installed air conditioning, electric shutters, additional access through the building's entrance, and central heating with individualized consumption.<br> <br> The registered built area, including common elements, is 186 m², the constructed area is 165 m², and the verified usable area is 140 m². Annual expenses are low: property tax (IBI) of €170 and a waste disposal fee of €35.<br> <br> Located in a prime area with high residential density and a surrounding environment of elevated purchasing power, the property benefits from constant foot traffic from both residents and professionals working in the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — Metro and commuter trains — just a few minutes' walk away.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1950 - 1959 |
Amenities
Site Amenities
- Private Bathroom
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Matterport 3D Exterior
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Street View
Street
Map
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Calle de Alonso Cano
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