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Palos de la Frontera 753 SF Retail Condo Unit Offered at $234,329 in Arganzuela, Madrid 28045
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Investment Highlights
- Area with large-scale urban projects in Arganzuela.
- Good public transportation access.
Executive Summary
Residential property with 1,459 m² of built space distributed across five above-ground floors, located in Palos de la Frontera. Situated in the Art Triangle, an area with large-scale urban projects in the Arganzuela district. Excellent transportation links and easy parking near Atocha and Delicias.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 60 square meters of usable area, distributed into five rooms and featuring a full bathroom. Additionally, it includes a 7-square-meter storage room in the basement.
Sale Notes
Unique opportunity in the heart of Madrid's Art Triangle, one of the most dynamic areas of urban and cultural transformation. This distinctive corner property is located on Calle General Lacy, surrounded by major infrastructure projects that enhance the area's value and boost its appeal for modern professional activities.
The space offers approximately 60 m² distributed across five rooms and a full bathroom, with ceilings over three meters high, creating a great sense of spaciousness and versatility. Additionally, it includes a separate 7 m² storage room in the basement, ideal for archiving or storage. The property features two interior windows that provide natural light, and its current layout allows for multiple adaptations following a comprehensive renovation.
The property is authorized for a change of use to office, commercial space, or tertiary uses such as training centers or clinics. The building's Technical Inspection (ITE) is valid until 2030, and community fees are kept low. Its strategic location ensures unparalleled access: close to Atocha, Delicias, and Palos de la Frontera, with convenient parking available on the same street.
The space offers approximately 60 m² distributed across five rooms and a full bathroom, with ceilings over three meters high, creating a great sense of spaciousness and versatility. Additionally, it includes a separate 7 m² storage room in the basement, ideal for archiving or storage. The property features two interior windows that provide natural light, and its current layout allows for multiple adaptations following a comprehensive renovation.
The property is authorized for a change of use to office, commercial space, or tertiary uses such as training centers or clinics. The building's Technical Inspection (ITE) is valid until 2030, and community fees are kept low. Its strategic location ensures unparalleled access: close to Atocha, Delicias, and Palos de la Frontera, with convenient parking available on the same street.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 753 SF | Retail | $234,329 ($311.19/SF) | - |
-
| Unit Size |
| 753 SF |
| Condo Use |
| Retail |
| Price |
| $234,329 ($311.19/SF) |
| NOI |
| - |
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| Unit Size | 753 SF |
| Condo Use | Retail |
| Price | $234,329 ($311.19/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 60 square meters of usable area, distributed into five rooms and featuring a full bathroom. Additionally, it includes a 7-square-meter storage room in the basement.</li></ul> | |
| Sale Notes | |
| Unique opportunity in the heart of Madrid's Art Triangle, one of the most dynamic areas of urban and cultural transformation. This distinctive corner property is located on Calle General Lacy, surrounded by major infrastructure projects that enhance the area's value and boost its appeal for modern professional activities.<br> <br> The space offers approximately 60 m² distributed across five rooms and a full bathroom, with ceilings over three meters high, creating a great sense of spaciousness and versatility. Additionally, it includes a separate 7 m² storage room in the basement, ideal for archiving or storage. The property features two interior windows that provide natural light, and its current layout allows for multiple adaptations following a comprehensive renovation.<br> <br> The property is authorized for a change of use to office, commercial space, or tertiary uses such as training centers or clinics. The building's Technical Inspection (ITE) is valid until 2030, and community fees are kept low. Its strategic location ensures unparalleled access: close to Atocha, Delicias, and Palos de la Frontera, with convenient parking available on the same street.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1900 - 1909 |
Amenities
Site Amenities
- Close to Public Transportation
- Elevator
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1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Palos de la Frontera
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