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Calle de Clara del Rey 1,657 SF Retail Condo Unit Offered at $582,228 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 $582,228
Price Per SF $351.37
Condo Use Retail
Sale Type Investment
Cap Rate 5.40%
NOI $31,440.32
DESCRIPTION

Prominent commercial 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 154 m² retail space, as per property records, is available for sale. It is distributed across 77 m² on the ground floor and 77 m² in the basement.

The property has a stable and reliable tenant with an active lease, offering a net return of 5.41%, allowing you to generate income from day one.

The building, constructed in 1965, has a favorable Building Inspection Certificate (ITE).

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  • Listing ID: 38562750

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: Chamartín, Madrid 28002

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