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Calle del Doctor Gómez Ulla 2,820 SF Retail Condo Unit Offered at $756,896 in Salamanca, Madrid 28028

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INVESTMENT HIGHLIGHTS

  • Commercial and busy area.
  • Just a few meters from Manuel Becerra Square.

EXECUTIVE SUMMARY

Residential property with 3,402 m2 of built area distributed across eight above-ground floors, located in the Guindalera 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 8
Year Built 1950 - 1959

AMENITIES

UNIT AMENITIES

  • Storage Space

SITE AMENITIES

  • Elevator

1 UNIT AVAILABLE

Unit Drcha.

Unit Size 2,820 SF
Price $756,896
Price Per SF $268.40
Condo Use Retail
Sale Type Investment
Cap Rate 5.60%
NOI $42,386.20
DESCRIPTION

Premises with 262 m2 built and 235 m2 usable space, featuring 155 m2 on the ground floor and 80 m2 in the basement.

SALE NOTES

Investment opportunity: profitable commercial space on Doctor Gómez Ulla Street

This 262 m² property (235 m² usable space) is available for sale, distributed across 155 m² on the ground floor and 80 m² in the basement.

It has a reliable and stable tenant with a lease valid until 2031, offering a gross return of 6% and generating income from day one.

The building, constructed in 1958, is located just a few meters from Plaza de Manuel Becerra, in a well-established area within one of Madrid's most prominent neighborhoods.

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  • Listing ID: 38562901

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: Salamanca, Madrid 28028

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