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Calle de Albino Hernández Lázaro 613 SF Retail Condo Unit Offered at $114,237 in Villaverde, Madrid 28021
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Investment Highlights
- Strategic location in a well-established commercial area with a high level of services.
- Facade with storefront and direct access that enhance visibility and customer acquisition.
- Functional layout that allows easy adaptation of the space for different uses.
- Official current appraisal that streamlines bank financing processes.
Executive Summary
Residential building in the Villaverde district, a well-established area in the south of Madrid known for its peaceful atmosphere and good availability of urban services. The surroundings combine residential areas with small local businesses, such as supermarkets, pharmacies, banks, and restaurants, as well as health centers and community leisure spaces. Nearby, there are several nurseries and schools, as well as municipal sports facilities that enhance the family-friendly offerings of the neighborhood. Transportation is one of the area's strong points. EMT bus stops are within walking distance, along with connections to Cercanías Renfe at stations like Villaverde Alto or Puente Alcocer. The area is close to major routes such as the A-42, M-40, and M-45, making it easy to access both the center of Madrid and other southern municipalities. These connections, along with the range of services, create a convenient and well-served location for everyday living.
Property Facts
| Total Building Size | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 4 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Year Built | 1960 - 1969 |
Amenities
Site Amenities
- Public Transportation
1 Unit Available
Unit Puerta 01
| Unit Size | 613 SF | Condo Use | Retail |
| Price | $114,237 | Sale Type | Investment or Owner User |
| Price Per SF | $186.36 |
| Unit Size | 613 SF |
| Price | $114,237 |
| Price Per SF | $186.36 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
Open-plan commercial space of 56 m2 at street level in Villaverde. The space features a storefront, security shutter, and restroom.
Sale Notes
This attractive commercial space offers an excellent investment opportunity in the established district of Villaverde, one of Madrid's areas with the greatest potential due to its stable residential fabric, commercial dynamism, and privileged connectivity. Located at street level on Albino Martínez Lázaro, the property is situated in a quiet enclave but with a constant flow of foot traffic, surrounded by essential services such as local shops, educational centers, and healthcare facilities.
The space, with 57 square meters according to the land registry and 60 square meters of usable area according to official appraisal, features a functional layout on a single floor divided into two rooms and a bathroom. Thanks to its open configuration, its facade with a protected storefront, and direct access from the street, the space offers an excellent base for multiple commercial or professional concepts. Its condition for renovation allows for total adaptation according to the new owner's needs, offering flexibility to design a personalized and competitive space. Although it does not have smoke extraction or air conditioning, its structure and geometry are very suitable for direct service businesses, offices, light last-mile storage, or small specialized services.
The property is transferred free of encumbrances and without furnishings, accompanied by a current official appraisal valued at €98,303, facilitating financing processes. Community expenses are low, and the property tax (IBI) is very manageable, enhancing net profitability for investor buyers.
The area boasts excellent public transport connections, including nearby Metro stations, Renfe Cercanías, and various bus lines, allowing quick access to the center of Madrid and other urban hubs. Its strategic location, versatility, and competitive price make this asset a standout opportunity within the neighborhood commercial real estate market in the capital.
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Calle de Albino Hernández Lázaro
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