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Ciudad Lineal, Madrid 28017 1,959 SF Retail Condo Unit Offered at $437,501
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INVESTMENT HIGHLIGHTS
- Located with the facade facing a park, exposing the space's user to the business that generates pedestrian traffic.
- Proximity to the M-30 highway and good access to public transportation.
EXECUTIVE SUMMARY
Residential building with a street-level commercial space of 975 square meters, built in 1965 and located in Madrid.
PROPERTY FACTS
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1960 - 1969 |
1 UNIT AVAILABLE
Unit 001
| Unit Size | 1,959 SF | Condo Use | Retail |
| Price | $437,501 | Sale Type | Investment or Owner User |
| Price Per SF | $223.33 |
| Unit Size | 1,959 SF |
| Price | $437,501 |
| Price Per SF | $223.33 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
DESCRIPTION
182 square meter commercial space divided into two open-plan floors of 91 square meters each, with direct street-level access, dual entrances, three-meter ceiling height per floor, smoke vent, and a one-ton freight elevator.
SALE NOTES
Opportunity to acquire a commercial space with the possibility of continuing the currently operating business, including its well-established client base. This is an ideal occasion for anyone looking to manage their own business in a prime location with a steady flow of foot traffic. The establishment is currently operating as a beverage store and has demonstrable profits that support the investment's solidity.
The property has a total area of 1,959 square feet distributed over two open-plan floors of equal size, with direct street-level access that ensures excellent visibility and convenient accessibility. Each floor offers a height of 9.8 feet, providing spaciousness and versatility for various uses. The space also features dual entrances, a smoke vent, and a one-ton freight elevator to facilitate merchandise handling.
The property is located in the Ciudad Lineal district, in the Pueblo Nuevo area, just minutes from Alcalá Street and very close to metro stations. It is situated in an area with continuous foot traffic and surrounded by numerous shops and services, increasing the influx of potential customers.
The sale price does not include Notary, Registry, or tax expenses. The property has been in operation for over twenty years, adding significant value for those seeking a business with a solid foundation and growth potential.
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"Ciudad Lineal, Madrid 28017"
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