Your email has been sent.
Ronda Atocha 3,648 SF Retail Condo Unit Offered at $1,048,011 in Centro, Madrid 28012
Some information has been automatically translated.
INVESTMENT HIGHLIGHTS
- Busy and commercial area.
- Just a few meters from the Embajadores roundabout.
EXECUTIVE SUMMARY
Residential property with 12,576 m2 of built area distributed across nine above-ground floors, located in Lavapiés-Embajadores. Consolidated residential area surrounded by shops and services, with good public transportation connections.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Year Built | 1970 - 1979 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | B |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 9 |
| Year Built | 1970 - 1979 |
| Parking | Yes |
AMENITIES
UNIT AMENITIES
- Storage Space
SITE AMENITIES
- Elevator
1 UNIT AVAILABLE
Unit Puerta 01
| Unit Size | 3,648 SF | Sale Type | Investment |
| Price | $1,048,011 | Cap Rate | 5.40% |
| Price Per SF | $287.28 | NOI | $56,592.57 |
| Condo Use | Retail |
| Unit Size | 3,648 SF |
| Price | $1,048,011 |
| Price Per SF | $287.28 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| NOI | $56,592.57 |
SALE NOTES
Sale of High-Yield Commercial Space Located on Ronda de Atocha Street
This 366 m² commercial property is up for sale, featuring 233 m² on the ground floor and 106 m² on the mezzanine level.
It has a stable and reliable tenant with an active lease, offering a gross return of 5.86% and generating income from day one.
The building, constructed in 1975, has a favorable technical inspection (ITE) valid until 2031, ensuring structural soundness and good condition.
Fachada
Fachada
Presented by
Ronda Atocha
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.