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Calle del Arte 602 SF Retail Condo Unit Offered at $317,759 in Ciudad Lineal, Madrid 28033
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Investment Highlights
- Building in good condition with Technical Inspection scheduled for 2029.
- Easy and quick access to the M-40, A-1, and M-11.
Executive Summary
Residential property of 6,755 m2 built, distributed over nine above-ground floors, located in Ciudad Lineal. This area within the district is characterized by a modern environment and high urban quality, with a wide range of essential services and well-maintained green spaces. The area stands out for its excellent connectivity, with quick access to Metro lines and buses that facilitate daily commutes to Madrid's main activity centers. Additionally, its proximity to roads like the M-40, A-1, and M-11 ensures smooth mobility both to the city center and to the northern business corridors. The transportation network and road access make this location a strategic point for living or investing.
1 Unit Available
Unit -
| Unit Size | 602 SF | Condo Use | Retail |
| Price | $317,759 | Sale Type | Investment or Owner User |
| Price Per SF | $527.84 |
| Unit Size | 602 SF |
| Price | $317,759 |
| Price Per SF | $527.84 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
56 m² commercial space located at street level with high ceilings, offering the possibility of adding a mezzanine.
Sale Notes
Commercial space for sale located in a premium area of Pinar de Chamartín.
The property boasts excellent visibility thanks to its large glass storefront, as well as a constant flow of pedestrian and vehicular traffic.
Situated between two prominent hotels in the area, the space offers a ground-floor layout with a recently installed automated exterior shutter, providing ease of use and enhanced security standards.
The interior of the space is in need of renovation, presenting an opportunity to start a new commercial or professional venture in a prestigious neighborhood in the northern part of Madrid. With approximately 50 square meters and generous ceiling height, there is potential to create a mezzanine level, which, while not eligible for registration in the property registry, could serve as a suitable storage area. The building itself is in excellent condition and is scheduled for its first technical inspection (ITE) in 2029. The property is being sold completely free of encumbrances and outstanding fees.
The current activity license is for retail, and it is recommended to verify its validity with the Madrid City Council. The open-plan layout and the absence of a smoke vent make the space ideal for service-oriented activities or those targeting the tourist market, especially given its proximity to nearby hotels.
The surrounding area is close to the neighborhood's main thoroughfares and stands out for its demand for services driven by a middle-to-upper-class demographic, further enhancing the commercial potential of the location.
+3 More
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Interior
Property Facts
| Total Building Size | > 50,000 SF | Floors | 9 |
| Property Type | Multifamily (Condo) | Year Built | 1990 - 1999 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 9 |
| Year Built | 1990 - 1999 |
| Parking | Yes |
Amenities
Site Amenities
- Elevator
Presented by
Calle del Arte
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