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Arganzuela 1,969 SF Retail Condo Unit Offered at $732,609 in Arganzuela, Madrid 28019
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Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 8 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Year Built | 1970 - 1979 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Security System
Site Amenities
- Security System
- Doorman
- Wheelchair Accessible
- Elevator
- Key Fob Entry
1 Unit Available
Unit 01-02
| Unit Size | 1,969 SF | Sale Type | Investment |
| Price | $732,609 | Cap Rate | 4.84% |
| Price Per SF | $372.07 | NOI | $35,448.84 |
| Condo Use | Retail |
| Unit Size | 1,969 SF |
| Price | $732,609 |
| Price Per SF | $372.07 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| NOI | $35,448.84 |
Description
Space with a total area of 183.20 m2 on the street floor.
Sale Notes
Commercial space located in the Arganzuela district.
A short distance away is the Palos de la Frontera transport hub, as well as the Embajadores area, both well-established urban zones with a wide range of services and economic activity.
The location has good connectivity through road networks and public transportation, with the Palos de la Frontera metro station (Line 3) being a highlight, along with several bus lines that connect to other parts of the city.
Currently leased with a recently signed long-term contract. Yield of 4.84%.
Presented by
Urbagesa
Arganzuela
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