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Calle de Joaquín Turina 742 SF Retail Condo Unit Offered at $149,472 in Carabanchel, Madrid 28044
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Investment Highlights
- High traffic area.
- Immediate surroundings with all types of services nearby.
Executive Summary
Residential property with 3,131 m2 built, distributed over five above-ground floors located in Carabanchel. Situated in the Carabanchel Alto neighborhood, one of the established residential areas of Madrid. It is an urban environment with local shops, regular services, and good transportation links through nearby bus lines and metro stations. The area is notable for its strong community character, constant pedestrian traffic, and stable demand both residentially and commercially.
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1970 - 1979 |
Amenities
Unit Amenities
- Balcony
- Storage Space
- Heating
Site Amenities
- Close to Public Transportation
1 Unit Available
| Unit Size | 742 SF | Condo Use | Retail |
| Price | $149,472 | Sale Type | Investment |
| Price Per SF | $201.44 |
| Unit Size | 742 SF |
| Price | $149,472 |
| Price Per SF | $201.44 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
The premises have an area of 69 m2, which includes a commercial area of 40 m2 and a storage room of 15 m2. It also features a facade of 3 linear meters.
Sale Notes
Sale of a street-level commercial property with profitability, located on Joaquín Turina, at the corner with San Deogracias Street. Situated in a fully established residential area with commercial activity and notable pedestrian traffic. The property is currently rented and operating as a fruit shop, making it an especially attractive option for investors seeking immediate profitability and stable income from the start.
The premises have a total built area of 69 m2, distributed into a main commercial area of approximately 40 m2 and a storage area of 15 m2. It has direct street access and a 3-meter linear frontage, providing good visibility. Additionally, it is equipped with air conditioning and has a practical and functional layout that facilitates commercial use.
The current monthly rent is €470, making it a profitable asset from the moment of purchase without the need for renovations or additional investments. This is an excellent opportunity for those looking for an already operating commercial space with a tenant in place, located in a consolidated urban area, ideal as a real estate investment with recurring income and stable demand.
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Redpiso Carabanchel Alto
Presented by
Calle de Joaquín Turina
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