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Calle de Alonso Cano 1,776 SF Retail Condo Unit Offered at $832,158 in Chamberí, Madrid 28003
Some information has been automatically translated.
Investment Highlights
- Busy and commercial area.
- Good communication by public transport.
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 space, very bright and with 3.4 m ceilings. It has a large main area, office or meeting room, toilets and warehouse, all in excellent condition and with the possibility of dividing by means of partitions.
Sale Notes
Sale of a high-yield corner commercial space with extensive usage possibilities in Nuevos Ministerios-Ríos Rosas.
Bright and nearly 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, the space is leased to an established business that has occupied the property for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start earning rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible once the current lease ends.
The property includes pre-installed air conditioning, an electric shutter, additional access through the building's entrance, and central heating with individualized consumption.
The cadastral built area, including common elements, is 186 m², with a constructed area of 165 m² and a verified usable area of 140 m². Annual expenses are low: property tax (IBI) is €170, and the waste collection fee is €35.
Located in a prime area with high residential density and a wealthy surrounding community, the property benefits from constant foot traffic from both local residents and professionals from the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — including Metro and commuter trains — just a few minutes' walk away.
Bright and nearly 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, the space is leased to an established business that has occupied the property for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start earning rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible once the current lease ends.
The property includes pre-installed air conditioning, an electric shutter, additional access through the building's entrance, and central heating with individualized consumption.
The cadastral built area, including common elements, is 186 m², with a constructed area of 165 m² and a verified usable area of 140 m². Annual expenses are low: property tax (IBI) is €170, and the waste collection fee is €35.
Located in a prime area with high residential density and a wealthy surrounding community, the property benefits from constant foot traffic from both local residents and professionals from the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — including Metro and commuter trains — just a few minutes' walk away.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,776 SF | Retail | $832,158 ($468.56/SF) | $41,607.91 |
-
| Unit Size |
| 1,776 SF |
| Condo Use |
| Retail |
| Price |
| $832,158 ($468.56/SF) |
| NOI |
| $41,607.91 |
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| Unit Size | 1,776 SF |
| Condo Use | Retail |
| Price | $832,158 ($468.56/SF) |
| NOI | $41,607.91 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| Description | |
| Practically open space, very bright and with 3.4 m ceilings. It has a large main area, office or meeting room, toilets and warehouse, all in excellent condition and with the possibility of dividing by means of 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 nearly 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, the space is leased to an established business that has occupied the property for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start earning rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible once the current lease ends.<br> <br> The property includes pre-installed air conditioning, an electric shutter, additional access through the building's entrance, and central heating with individualized consumption.<br> <br> The cadastral built area, including common elements, is 186 m², with a constructed area of 165 m² and a verified usable area of 140 m². Annual expenses are low: property tax (IBI) is €170, and the waste collection fee is €35.<br> <br> Located in a prime area with high residential density and a wealthy surrounding community, the property benefits from constant foot traffic from both local residents and professionals from the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — including 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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Photos
Street View
Street
Map
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Calle de Alonso Cano
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