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Retiro 5,080 SF Retail Condo Unit Offered at $1,275,788 in Retiro, Madrid 28007
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Investment Highlights
- Next to Plaza de Conde de Casal.
- Good connection by metro (L6) and bus.
Executive Summary
Residential building located in Madrid, just a short distance from Plaza de Conde de Casal, a well-established urban area that offers services, shopping, and transportation. The location is well-connected through road networks and public transportation, with highlights including the Conde de Casal metro station (Line 6) and several urban bus lines that provide easy access to the rest of the city.
1 Unit Available
Unit 02
| Unit Size | 5,080 SF | Condo Use | Retail |
| Price | $1,275,788 | Sale Type | Investment |
| Price Per SF | $251.14 |
| Unit Size | 5,080 SF |
| Price | $1,275,788 |
| Price Per SF | $251.14 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Local of 472 m2 on the street level. It is divided into 220 m2 ground floor and 252 m2 basement.
Sale Notes
Commercial property with profitability located in the municipality of Madrid, at Calle del Doctor Esquerdo, 102, within the Retiro district. It is a short distance from Plaza de Conde de Casal, an urban hub with established commercial activity and significant pedestrian and vehicular traffic.
The area is well-connected through road networks and public transportation, with notable access to the Conde de Casal metro station (Line 6) and various urban bus lines that link to other parts of the city.
The property is situated on a corner, providing high visibility and exposure. The surrounding area features local shops and hospitality establishments in its immediate vicinity.
The asset is leased to a tenant under a long-term contract and offers a gross yield of 4.5%.
Property Facts
| Total Building Size | > 50,000 SF | Floors | 11 |
| Property Type | Multifamily (Condo) | Year Built | 1990 - 1999 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 11 |
| Year Built | 1990 - 1999 |
| Parking | Yes |
Amenities
Site Amenities
- Close to Public Transportation
Presented by
Retiro
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