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Calle de Martín de Vargas 1,851 SF Retail Condo Unit Offered at $492,495 in Arganzuela, Madrid 28005

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INVESTMENT HIGHLIGHTS

Proximity to Retiro Park and Puerta de Alcalá.

Good road communications and public transportation.

EXECUTIVE SUMMARY

Residential property located in the Retiro district, near Retiro Park and Puerta de Alcalá, in a well-established area with a wide range of commercial, educational, and healthcare services. The location has excellent connectivity via the M-30 and Alcalá Street, as well as public transportation, including the Ibiza metro station (L9) and various urban bus lines that connect to the city center and other districts of Madrid.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	B
Property Type	Multifamily (Condo)	Floors	5
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1930 - 1939

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	B
Floors	5
Year Built	1930 - 1939

UNIT AMENITIES

Heating

Instant Hot Water

Intercom

SITE AMENITIES

Public Transportation

1 UNIT AVAILABLE

Unit L3

Unit Size	1,851 SF	Condo Use	Retail
Price	$492,495	Sale Type	Investment or Owner User
Price Per SF	$266.07

Unit Size	1,851 SF
Price	$492,495
Price Per SF	$266.07
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

The premises have a built area of 172 m2 and an exterior orientation, providing great natural brightness. It includes a bathroom and has a flexible layout, allowing it to be adapted for various commercial or professional activities.

SALE NOTES

Ref.: LCM40223
Commercial space located on Martín de Vargas Street, in the municipality of Madrid, within the Arganzuela district.

There is the possibility of conducting a study to change its use to residential, expanding investment or development options for the property.

The general condition allows for immediate use, and the space configuration is versatile, offering opportunities for both entrepreneurs and investors looking for a property with potential in the heart of Arganzuela.