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Calle Pinar 5,715 SF Retail Condo Unit Offered at $3,514,568 in Salamanca, Madrid 28006
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Investment Highlights
- Consolidated residential area.
- Just minutes away from all services.
Executive Summary
Residential building with 7 floors above ground, featuring high-rise apartments. The property was built in 1985.
1 Unit Available
Unit Puerta 01, Esc. 1
| Unit Size | 5,715 SF | Condo Use | Retail |
| Price | $3,514,568 | Sale Type | Investment |
| Price Per SF | $614.97 |
| Unit Size | 5,715 SF |
| Price | $3,514,568 |
| Price Per SF | $614.97 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
Commercial space with a built area of 531 m² and a usable area of 450 m², distributed on a single ground-floor level.
Sale Notes
Commercial space for sale, currently rented and generating income.
It has a built area of 531 m² and a usable area of 450 m², distributed on a single ground-floor level.
The property features a maximum ceiling height of 4.5 meters, a smoke vent, air conditioning, restrooms, and the option to acquire six parking spaces within the building.
It is located in the Salamanca district, on Pinar Street, near the intersection of María de Molina and Serrano Street. The space is just a few meters from Gregorio Marañón roundabout, a well-established and highly frequented office area.
A lease agreement has been signed with a new tenant who has invested significant capital in renovating the facilities, finishes, and legalizing the licenses.
Contractual terms:
Tenant: Event company.
Duration: 12 years, until October 2037.
Rent:
May 2026 - April 2027: €10,000/month + VAT.
May 2027 - April 2028: €11,000/month + VAT.
May 2028 - April 2029: €12,000/month + VAT.
From May 2029: Rent + CPI adjustment.
Deposit: €20,000.
Guarantees: €100,000.
Interior
Interior
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Year Built | 1980 - 1989 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1980 - 1989 |
| Parking | Yes |
Amenities
Site Amenities
- Elevator
- Public Transportation
-
GV Patrimonio
Presented by
Calle Pinar
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