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Calle Palafox 7,211 SF Retail Condo Unit Offered at $2,794,695 in Chamberí, Madrid 28010
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INVESTMENT HIGHLIGHTS
- Excellent location.
- Highly trafficked and well-connected area.
EXECUTIVE SUMMARY
Residential building constructed in 1958. It has 7 above-ground floors, featuring apartments on the upper levels and a large commercial space on the ground floor.
PROPERTY FACTS
| 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
UNIT AMENITIES
- Instant Hot Water
SITE AMENITIES
- Elevator
- Public Transportation
1 UNIT AVAILABLE
| Unit Size | 7,211 SF | Condo Use | Retail |
| Price | $2,794,695 | Sale Type | Investment |
| Price Per SF | $387.56 |
| Unit Size | 7,211 SF |
| Price | $2,794,695 |
| Price Per SF | $387.56 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Excellent commercial space with an area of 670 m2 distributed on a single open-plan floor.
It is very well located in the Chamberí area.
SALE NOTES
Sale of a high-yield commercial property currently rented.
Recently leased to DIA supermarkets for 20 years, making it a very stable and profitable investment. Mandatory compliance for 5 years.
It is located on Palafox Street, in Chamberí. The property is situated near Olavide Square, in a busy and well-connected area.
It has a surface area of 670 m2 distributed on a single open-plan floor.
It is currently under renovation, with an investment close to one million euros.
Presented by
Calle Palafox
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