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Sol 710 SF Retail Condo Unit Offered at $456,894 in Centro, Madrid 28013
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Investment Highlights
- Close to cultural spaces such as Teatro Lope de Vega and Gran Vía.
- Connection via urban transport and main roads such as Gran Vía and Calle Princesa.
- Access by metro via Santo Domingo, Callao, and Plaza de España.
Executive Summary
Residential property in the Centro district of the city. The immediate surroundings include significant cultural and urban spaces such as Gran Vía, the Lope de Vega Theatre, the Coliseum Theatre, and the Gran Vía 44 Shopping Center. Nearby are also Santo Domingo Square and the Palacio de la Prensa. The area boasts a high concentration of cultural and institutional facilities typical of Madrid's historic center. Transportation in the area includes the Santo Domingo metro station (line 2), located a short distance away, as well as the Callao (lines 3 and 5) and Plaza de España (lines 2, 3, and 10) stations. Several EMT bus lines run along Gran Vía and the nearby Calle San Bernardo. For private transportation, the location connects with major urban roads in the center such as Gran Vía and Calle Princesa, which link to access routes towards the M-30.
1 Unit Available
Unit Pl:00 Pt:IZ
| Unit Size | 710 SF | Sale Type | Investment |
| Price | $456,894 | Cap Rate | 5.48% |
| Price Per SF | $643.51 | NOI | $25,037.78 |
| Condo Use | Retail |
| Unit Size | 710 SF |
| Price | $456,894 |
| Price Per SF | $643.51 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| NOI | $25,037.78 |
Description
The premises have a total area of 66 m², distributed into 50 m² of commercial space and 16 m² allocated to common areas.
Sale Notes
A commercial property is presented in Madrid, located in the Sol neighborhood within the Centro district.
The space is currently leased and has a recently signed contract with a duration of 15 years.
The immediate surroundings include Gran Vía and Plaza de Santo Domingo, both within walking distance and part of a well-established urban area with continuous commercial activity.
Transportation is facilitated through the urban road network in the center of Madrid. In terms of public transport, the area is served by nearby metro stations as well as several urban bus lines connecting to various parts of the city.
Property Facts
Amenities
Site Amenities
- Public Transportation
Presented by
Sol
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