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Investment Highlights

  • Consolidated residential area.
  • Good communications.

Executive Summary

Residential building constructed in 1961. It has 5 floors above ground, with apartments on the upper levels and commercial spaces on the ground floor.

Property Facts

Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 1960 - 1969

Amenities

Unit Amenities

  • Instant Hot Water

Site Amenities

  • Public Transportation

1 Unit Available

Unit Size 548 SF
Price $132,657
Price Per SF $242.07
Condo Use Retail
Sale Type Investment or Owner User
Description

The premises consist of 51 m2 (47 m2 of premises according to the land registry and 4 m2 of common elements). It is located on the ground floor of a residential building.

Sale Notes

Commercial space located on the ground floor of a residential building in the San Fermín area (Madrid).

It has a surface area of 51 m2 (47 m2 of space according to the land registry and 4 m2 of common elements).

It has the potential to be converted into a residential unit as it meets the minimum square meters required by law.

The front part measures 5.95 meters, enough to install 2 windows that will provide plenty of light to the future residence, along with 2 additional windows facing a patio.

The main door can be adapted to allow entry through the building's main entrance, similar to the other apartments in the block.

  • Listing ID: 39847911

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: Usera, Madrid 28041

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