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zona Centro, Palacio Apartment Building $507,521 5.05% Cap Rate Centro, Madrid 28013
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Investment Highlights
- Special Bar License
- Hours from 1:00 PM to 3:30 AM
- Capacity: 68 people
Executive Summary
Sale of a Commercial Property with profitability in the Centro district, Palacio area. Asset of 90 m² distributed on 1 floor, featuring a 3-meter linear façade and a definitive license for a Bar and Lounge. The establishment operates from 1:00 PM to 3:30 AM with a legal capacity for 68 people and is being transferred with an active contract. Community expenses are €100, and property tax (IBI) is €575, generating a net annual return of 5.05%. Sale price: €440,000 · Ref. PT003
· NO AGENCY COMMISSION ·
UBICATIO
(+34) 630 381 706
(+34) 910 319 876
info@ubicatio.com
· NO AGENCY COMMISSION ·
UBICATIO
(+34) 630 381 706
(+34) 910 319 876
info@ubicatio.com
Property Facts
| Price | $507,521 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.05% | Building Size | < 15,000 SF |
| Property Type | Multifamily | Year Built/Renovated | 1860 - 1869/1980 - 1989 |
| Property Subtype | Apartment |
| Price | $507,521 |
| Sale Type | Investment |
| Cap Rate | 5.05% |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built/Renovated | 1860 - 1869/1980 - 1989 |
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