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Calle de Martínez Izquierdo 2,615 SF Retail Condo Unit Offered at $518,499 in Salamanca, Madrid 28028
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Investment Highlights
- Immediate surroundings with all types of services nearby.
- Good public transportation access.
Executive Summary
Residential property of 2,257 m2 built, distributed across seven 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 | Building Class | B |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 7 |
| Year Built | 1960 - 1969 |
1 Unit Available
| Unit Size | 2,615 SF | Sale Type | Investment |
| Price | $518,499 | Cap Rate | 4.50% |
| Price Per SF | $198.28 | NOI | $23,332.45 |
| Condo Use | Retail |
| Unit Size | 2,615 SF |
| Price | $518,499 |
| Price Per SF | $198.28 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| NOI | $23,332.45 |
Sale Notes
Investment Opportunity: Profitable Corner Retail Space on Martínez Izquierdo Street
This corner retail space with large storefronts is available for sale, consisting of two physically connected independent units, one measuring 219 m2 and the other 24 m2.
The area is distributed with 125 m2 on the ground floor and 118 m2 in the basement, offering a versatile and functional space.
It has a stable and reliable tenant with a current lease, providing a gross return of 5.26% and generating income from day one.
Fachada
Fachada
Presented by
Calle de Martínez Izquierdo
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