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Recoletos 495 SF Office/Retail Condo Unit Offered at $494,921 in Salamanca, Madrid 28001

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INVESTMENT HIGHLIGHTS

Consolidated residential environment in the Recoletos neighborhood near Retiro Park and Serrano Street.

Connection with metro L2 (Retiro) and L4 (Serrano).

EXECUTIVE SUMMARY

Residential building located in the neighborhood of Recoletos, in the district of Salamanca. A short distance away are Serrano Street and Paseo de Recoletos, important urban and commercial axes, as well as the Retiro Park, one of the city's main green spaces. The environment presents a consolidated residential fabric of a representative nature, with a wide range of services, commerce and equipment. The location has excellent road and public transport connections. Nearby are the Retiro (L2) and Serrano (L4) metro stations, as well as numerous urban bus lines that connect with the center and other districts. Road access is mainly via the M-30 and the Paseo de la Castellana-Recoletos axis, facilitating mobility within the metropolitan area.

PROPERTY FACTS

Total Building Size	10,000 - 60,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	7
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	1920 - 1929

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Building Class	C
Floors	7
Year Built	1920 - 1929

UNIT AMENITIES

Heating

Instant Hot Water

SITE AMENITIES

Close to Public Transportation

Storage Space

1 UNIT AVAILABLE

Unit 1DR

Unit Size	495 SF	Condo Use	Office/Retail
Price	$494,921	Sale Type	Investment or Owner User
Price Per SF	$999.84

Unit Size	495 SF
Price	$494,921
Price Per SF	$999.84
Condo Use	Office/Retail
Sale Type	Investment or Owner User

DESCRIPTION

The 46 m2 building corresponds to an office space, recently renovated, which is developed on two floors connected internally.
The main floor houses a reception area with good natural lighting and an open space intended for a waiting area or administrative area.
The lower floor is distributed in a large work room with capacity for several places, a separate office and a completely renovated toilet.

SALE NOTES

Ref.: 427075
Office space located in the Recoletos neighborhood, within the Salamanca district, on Núñez de Balboa Street, one of the most representative and established streets in the area.

The location is set in a prime urban environment, predominantly featuring high-level residential and professional uses, along with a wide range of services. The area boasts excellent public transportation connections and direct access to the main arteries of central Madrid.

The condition is very good, with a recent renovation that combines functionality with a corporate image suitable for professional activities. The layout allows for flexible implementation for various office and workspace uses.