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Calle de Clara del Rey 1,657 SF Retail Condo Unit Offered at $581,998 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

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
Price $581,998
Price Per SF $351.24
Condo Use Retail
Sale Type Investment
Cap Rate 5.40%
NOI $31,427.87
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 Storefronts on Clara del Rey Street

This attractive retail space is available for sale, measuring 154 m2 according to the property registry, distributed over 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 Technical Building Inspection (ITE).

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  • Listing ID: 38562750

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: Chamartín, Madrid 28002

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