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Calle de Clara del Rey 1,657 SF Retail Condo Unit Offered at $577,194 in Chamartín, Madrid 28002
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Investment Highlights
- Commercial area with good foot traffic.
- Immediate surroundings with all types of services nearby.
Executive Summary
Residential property with 4,180 m2 of built area distributed across ten above-ground floors, located in the Prosperidad neighborhood. Consolidated residential area surrounded by shops and services, with good public transportation connections.
Property Facts Under Contract
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 10 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 10 |
| Year Built | 1960 - 1969 |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Private Bathroom
1 Unit Available
| Unit Size | 1,657 SF | Sale Type | Investment |
| Price | $577,194 | Sale Status | Under Contract |
| Price Per SF | $348.34 | Cap Rate | 5.40% |
| Condo Use | Retail | NOI | $31,168.47 |
| Unit Size | 1,657 SF |
| Price | $577,194 |
| Price Per SF | $348.34 |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 5.40% |
| NOI | $31,168.47 |
Description
Featured space of 154 m2 distributed over two levels according to the property registry: 77 m2 on the ground floor and 77 m2 in the basement.
Sale Notes
Investment Opportunity: Corner Retail Space with Large Display Windows on Clara del Rey Street
This attractive retail space is available for sale, measuring 154 m2 according to the property registry, distributed as 77 m2 on the ground floor and 77 m2 in the basement.
It has a stable and reliable tenant with a current lease, offering a net return of 5.41%, allowing you to generate income from day one.
The building dates back to 1965 and has a favorable Building Technical Inspection (ITE).
Fachada
Fachada
Presented by
Calle de Clara del Rey
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