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Calle de Joaquín Turina 742 SF Retail Condo Unit Offered at $141,308 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.
1 Unit Available
| Unit Size | 742 SF | Condo Use | Retail |
| Price | $141,308 | Sale Type | Investment |
| Price Per SF | $190.44 |
| Unit Size | 742 SF |
| Price | $141,308 |
| Price Per SF | $190.44 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
The premises have a total area of 69 m², which includes a commercial space of 40 m² and a storage room of 15 m². It also features a 3-meter linear façade.
Sale Notes
Sale of a street-level commercial property with profitability, located on Joaquín Turina, at the corner of San Deogracias Street.
Situated in a fully established residential area with commercial activity and significant pedestrian traffic.
The property is currently rented and operating as a fruit shop, making it an especially attractive option for investors seeking immediate returns and stable income from the outset.
The premises have a total built area of 69 m², distributed into a main commercial area of approximately 40 m² and a storage or warehouse area of 15 m². It features direct street access and a 3-meter linear façade, providing good visibility. Additionally, it is equipped with air conditioning and has a practical, functional layout that facilitates commercial use.
The current monthly rent is €470, making this an asset that generates profitability from the moment of purchase, with no need for renovations or additional investments.
This is an excellent opportunity for those looking for a commercial property already in operation, with a tenant in place, located in a consolidated urban area. It is ideal as a long-term investment with recurring income and stable demand.
Interior
Interior
Interior
Interior
Interior
Interior
Interior
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
Site Amenities
- Close to Public Transportation
Presented by
Calle de Joaquín Turina
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