Your email has been sent.
Calle de la Corredera Baja de San Pablo 1,108 SF Retail Condo Unit Offered at $943,949 in Centro, Madrid 28004
Some information has been automatically translated.
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 | 1,108 SF | Sale Type | Investment |
| Price | $943,949 | Cap Rate | 5.00% |
| Price Per SF | $851.94 | NOI | $47,197.47 |
| Condo Use | Retail |
| Unit Size | 1,108 SF |
| Price | $943,949 |
| Price Per SF | $851.94 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.00% |
| NOI | $47,197.47 |
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.
Property Facts
| 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 |
Presented by
Calle de la Corredera Baja de San Pablo
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.