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Calle del Arte 602 SF Retail Condo Unit Offered at $313,451 in Ciudad Lineal, Madrid 28033



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Investment Highlights
- Building in good condition with IT 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
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Status | Under Contract |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
The space enjoys excellent visibility thanks to its large glazed window, as well as a constant flow of foot and road traffic.
The property, located between two reference hotels in the area, offers a floor plan at street level with a recently installed automated outdoor shutter, very comfortable to use and especially useful for maintaining high security standards.
The interior of the premises is in need of renovation, offering the opportunity to start a new commercial or professional phase in a prestigious neighborhood in the north of Madrid. Its approximately 50 m2 and its generous height make it possible to consider the creation of a loft that, although it could not be registered in a cadastre, would be suitable as a storage space. The building in which it is integrated is in an excellent state of conservation and its first ITE is scheduled for 2029. The property is transmitted completely free of charges and spills.
The current business license is a commercial one, and it is recommended to verify its validity with the Madrid City Council. Its diaphanous floor plan and the absence of smoke outlets guide its use towards service activities or activities focused on the tourist public, especially because of its proximity to hotel offerings.
The environment is close to the neighborhood's main roads and stands out for the demand for services derived from its medium-high profile population, which reinforces the commercial projection of the area.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit - | 602 SF | Retail | $313,451 ($520.68/SF) | - |
Unit -
| Unit Size |
| 602 SF |
| Condo Use |
| Retail |
| Price |
| $313,451 ($520.68/SF) |
| NOI |
| - |
Unit -
| Unit Size | 602 SF |
| Condo Use | Retail |
| Price | $313,451 ($520.68/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Sale Notes | |
| Sale of commercial space located in a premium area of Pinar de Chamartín.<br> The space enjoys excellent visibility thanks to its large glazed window, as well as a constant flow of foot and road traffic. <br> The property, located between two reference hotels in the area, offers a floor plan at street level with a recently installed automated outdoor shutter, very comfortable to use and especially useful for maintaining high security standards.<br> The interior of the premises is in need of renovation, offering the opportunity to start a new commercial or professional phase in a prestigious neighborhood in the north of Madrid. Its approximately 50 m2 and its generous height make it possible to consider the creation of a loft that, although it could not be registered in a cadastre, would be suitable as a storage space. The building in which it is integrated is in an excellent state of conservation and its first ITE is scheduled for 2029. The property is transmitted completely free of charges and spills.<br> The current business license is a commercial one, and it is recommended to verify its validity with the Madrid City Council. Its diaphanous floor plan and the absence of smoke outlets guide its use towards service activities or activities focused on the tourist public, especially because of its proximity to hotel offerings. <br> The environment is close to the neighborhood's main roads and stands out for the demand for services derived from its medium-high profile population, which reinforces the commercial projection of the area.</li></ul> |
Property Facts Under Contract
| 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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