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Paseo del General Martínez Campos 1,076 SF Retail Condo Unit Offered at $763,682 in Chamberí, Madrid 28010
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Investment Highlights
- Commercial space currently leased.
- Close to Iglesia metro station.
- Profitability of 4.6%.
Executive Summary
The asset is located in a residential-use building within the Chamberí district. The immediate surroundings consist of a consolidated urban fabric and institutional and cultural facilities. Nearby are the Sorolla Museum, the Glorieta de Rubén Darío, Paseo de la Castellana, and various administrative and residential buildings characteristic of the Martínez Campos–Castellana axis, as well as key urban spaces in the Almagro neighborhood. Transport connections rely on both public and private means. In the nearby area are the metro stations Rubén Darío (Line 5), Iglesia (Line 1), and Alonso Martínez (Lines 4, 5, and 10), in addition to several EMT bus lines running along Paseo del General Martínez Campos and Paseo de la Castellana. Access by private vehicle is mainly via Paseo de la Castellana, with connections to the M-30 ring road and other main routes serving central Madrid.
1 Unit Available
Unit Pl:00 Pt:IZ
| Unit Size | 1,076 SF | Sale Type | Investment |
| Price | $763,682 | Cap Rate | 4.60% |
| Price Per SF | $709.74 | NOI | $35,129.36 |
| Condo Use | Retail |
| Unit Size | 1,076 SF |
| Price | $763,682 |
| Price Per SF | $709.74 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| NOI | $35,129.36 |
Sale Notes
Commercial property with profitability located on Paseo del General Martínez Campos, in the Chamberí district of Madrid.
The asset is situated at street level in a well-established urban area. Its current use is as a bookstore. The land is classified as consolidated urban land. The property is currently leased, offering a profitability of 4.6%.
The immediate surroundings correspond to an urban area with a variety of shops, leisure venues, and hospitality establishments both on Paseo del General Martínez Campos and nearby streets in the Chamberí district.
Access is available via urban roads, and the property is conveniently located near the Iglesia metro station for public transportation.
Property Facts
Amenities
Site Amenities
- Public Transportation
Presented by
Paseo del General Martínez Campos
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