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Investment Highlights

  • Primary use: residential with potential commercial spaces on the ground floor.
  • Established area with services, shops, and green spaces.

Executive Summary

Residential building located in the Aluche neighborhood, in a well-established and quiet area, close to services, shops, educational centers, and green spaces, as well as offering good connections to public transportation and easy access to the M-40 and M-30 highways. The building consists of several above-ground floors, designated for residential use with apartments on the upper levels and potential commercial spaces on the ground floor. The location provides convenient access both on foot and by vehicle, with nearby public transportation options.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 01
  • 1,130 SF
  • Office/Retail
  • $309,953 ($274.29/SF)
  • -
Sale Type Investment or Owner User
Description
The property has a built area of 105 m² and features dual access: one directly from the street, ensuring visibility and ease of entry, and another from the community entrance, ideal for more private use.

The layout includes a spacious open-plan room with good lighting, a bathroom with a shower, a restroom, a furnished kitchen without appliances, and a separate storage or filing area.

Notable features include ducted heating and air conditioning, ceramic flooring, white lacquered doors, and a complete renovation that provides a modern and functional atmosphere.
Sale Notes
Ref.: P-3272  
Commercial property located in Madrid, on Seseña Street, in the Aluche neighborhood.  

Currently set up as an office, the property allows for a change of use to residential, offering flexibility for investment, professional office, or future residence.  

It is in excellent condition, ready for immediate use.
Unit Unit Size Condo Use Price NOI
Unit 01 1,130 SF Office/Retail $309,953 ($274.29/SF) -

Unit 01

Unit Size
1,130 SF
Condo Use
Office/Retail
Price
$309,953 ($274.29/SF)
NOI
-

Unit 01

Unit Size 1,130 SF
Condo Use Office/Retail
Price $309,953 ($274.29/SF)
NOI -
Sale Type Investment or Owner User
Description
The property has a built area of 105 m&#178; and features dual access: one directly from the street, ensuring visibility and ease of entry, and another from the community entrance, ideal for more private use.<br> <br> The layout includes a spacious open-plan room with good lighting, a bathroom with a shower, a restroom, a furnished kitchen without appliances, and a separate storage or filing area.<br> <br> Notable features include ducted heating and air conditioning, ceramic flooring, white lacquered doors, and a complete renovation that provides a modern and functional atmosphere.</li></ul>
Sale Notes
Ref.: P-3272&nbsp;&nbsp;<br> Commercial property located in Madrid, on Sese&#241;a Street, in the Aluche neighborhood.&nbsp;&nbsp;<br> <br> Currently set up as an office, the property allows for a change of use to residential, offering flexibility for investment, professional office, or future residence.&nbsp;&nbsp;<br> <br> It is in excellent condition, ready for immediate use.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 4
Year Built 1960 - 1969

Amenities

Site Amenities

  • Public Transportation
  • Listing ID: 38222649

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: Madrid, Madrid 28024

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