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Calle de la Corredera Baja de San Pablo 1,108 SF Retail Condo Unit Offered at $936,711 in Centro, Madrid 28004

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Investment Highlights
- Commercial space with profitability and a well-established operator.
- Located in the heart of Malasaña.
- Net profitability of 5%.
- High-demand commercial and dining area.
Executive Summary
Residential building with 6 above-ground floors in Malasaña. Area with all kinds of businesses and services nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.00% |
| Sale Type | Investment |
| Cap Rate | 5.00% |
Description
Commercial space of 103 m² on Corredera Baja de San Pablo Street.
Sale Notes
Unique investment opportunity in the heart of Malasaña, one of Madrid's most vibrant and sought-after neighborhoods. This is a commercial property with profitability, currently operated by a successful tenant, ensuring stability and security for the new owner. The lease agreement includes all necessary guarantees, offering an attractive net return of 5%.
The property is located on Corredera Baja de San Pablo street, in its most commercial section, surrounded by shops, hospitality venues, and just a few meters from the iconic Calle del Pez. This strategic location ensures a constant flow of pedestrians and high visibility, further enhanced by its 6-meter frontage and large, carefully decorated display windows.
Malasaña is renowned as a cultural and gastronomic hub, offering a unique blend of leisure, fashion, and tradition that attracts both residents and tourists. The area boasts excellent transportation connections and a high density of commercial activity, increasing the asset's long-term value.
This property stands out not only for its prime location but also for its well-maintained appearance and dynamic surroundings, making it a solid investment with promising growth potential.
The property is located on Corredera Baja de San Pablo street, in its most commercial section, surrounded by shops, hospitality venues, and just a few meters from the iconic Calle del Pez. This strategic location ensures a constant flow of pedestrians and high visibility, further enhanced by its 6-meter frontage and large, carefully decorated display windows.
Malasaña is renowned as a cultural and gastronomic hub, offering a unique blend of leisure, fashion, and tradition that attracts both residents and tourists. The area boasts excellent transportation connections and a high density of commercial activity, increasing the asset's long-term value.
This property stands out not only for its prime location but also for its well-maintained appearance and dynamic surroundings, making it a solid investment with promising growth potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 1,108 SF | Retail | $936,711 ($845.41/SF) | $46,835.55 |
Unit -
| Unit Size |
| 1,108 SF |
| Condo Use |
| Retail |
| Price |
| $936,711 ($845.41/SF) |
| NOI |
| $46,835.55 |
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Unit -
| Unit Size | 1,108 SF |
| Condo Use | Retail |
| Price | $936,711 ($845.41/SF) |
| NOI | $46,835.55 |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| Description | |
| Commercial space of 103 m² on Corredera Baja de San Pablo Street.</li></ul> | |
| Sale Notes | |
| Unique investment opportunity in the heart of Malasaña, one of Madrid's most vibrant and sought-after neighborhoods. This is a commercial property with profitability, currently operated by a successful tenant, ensuring stability and security for the new owner. The lease agreement includes all necessary guarantees, offering an attractive net return of 5%.<br> <br> The property is located on Corredera Baja de San Pablo street, in its most commercial section, surrounded by shops, hospitality venues, and just a few meters from the iconic Calle del Pez. This strategic location ensures a constant flow of pedestrians and high visibility, further enhanced by its 6-meter frontage and large, carefully decorated display windows.<br> <br> Malasaña is renowned as a cultural and gastronomic hub, offering a unique blend of leisure, fashion, and tradition that attracts both residents and tourists. The area boasts excellent transportation connections and a high density of commercial activity, increasing the asset's long-term value.<br> <br> This property stands out not only for its prime location but also for its well-maintained appearance and dynamic surroundings, making it a solid investment with promising growth potential.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built/Renovated | 1900 - 1909/2000 - 2009 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built/Renovated | 1900 - 1909/2000 - 2009 |
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Photos
Street View
Street
Map
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Calle de la Corredera Baja de San Pablo
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