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Calle Rafael de Riego 495 SF Retail Condo Unit Offered at $225,525 in Arganzuela, Madrid 28045

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Investment Highlights

  • Consolidated residential area.
  • Good public transportation connections.

Executive Summary

Residential building with 8 floors above ground, featuring high-rise apartments and commercial spaces on the ground floor. The property was built in 1948.

Property Facts

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 8
Year Built 1940 - 1949

Amenities

Unit Amenities

  • Instant Hot Water

Site Amenities

  • Elevator
  • Public Transportation

1 Unit Available

Unit Size 495 SF
Price $225,525
Price Per SF $455.61
Condo Use Retail
Sale Type Investment or Owner User
Description

Commercial space located on Rafael de Riego Street, on the ground floor of a residential building.

It has an area of 46 m2.

Sale Notes

Available for sale: commercial space located on Rafael de Riego Street, on the ground floor of a residential building. The property is situated next to the Palos de La Frontera metro station (line 3).

It has an area of 46 m2 distributed in a spacious collective work area, two rooms, and a full bathroom with a shower. Additionally, it has access to a private-use patio.

Features include air conditioning with hot/cold split system, ceramic tile floors, textured walls, wooden interior carpentry, aluminum enclosures, and shutter closure.

There is an option for change of use.

It is exempt from paying for both elevator and portal cleaning, resulting in very low monthly expenses.

Permission has been granted to install a smoke vent for both professional and domestic use.

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  • Listing ID: 39371516

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: Arganzuela, Madrid 28045

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