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Zona Vista Alegre 968 SF Retail Condo Unit Offered at $151,363 in Carabanchel, Madrid 28025

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INVESTMENT HIGHLIGHTS

  • Commercial spaces on the ground floor.
  • All necessary services in the area.
  • In a well-established residential area.
  • Excellent public transportation access.

EXECUTIVE SUMMARY

Residential building with a total area of 689 m2, distributed across 5 above-ground floors. It is well-connected by public transportation, with several urban bus lines and a metro station nearby.

PROPERTY FACTS

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 5
Year Built 1960 - 1969

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • High Speed Internet Access
  • Wi-Fi
  • Instant Hot Water
  • Smoke Free

SITE AMENITIES

  • On-Site Retail
  • Recycling
  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation

1 UNIT AVAILABLE

Unit 01

Unit Size 968 SF
Price $151,363
Price Per SF $156.37
Condo Use Retail
Sale Type Investment
Cap Rate 7.40%
NOI $11,200.89
DESCRIPTION

Commercial space with a total area of 90 square meters built and 74.80 square meters usable, all on a single floor.

SALE NOTES

Commercial space with a total area of 90 m2 built and 74.80 m2 usable, all on a single floor. It has a net profitability of 7.4%. Community expenses are 50.53 euros/month, an annual property tax (IBI) of 300.74 euros, and a waste fee paid by the tenant of 150.79 euros per year. It is well connected by public transportation, thanks to several urban bus lines and a metro station.

  • Listing ID: 38663418

  • Date on Market: 12/5/2025

  • Last Updated:

  • Address: Carabanchel, Madrid 28025

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