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Cuzco-Castillejos 505 SF Retail Condo Unit Offered at $291,709 in Tetuán, Madrid 28020
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Investment Highlights
- Street-level commercial space in Tetuán.
- Two storefront windows on the facade.
- Second floor for storage.
- Built area of 47 m².
- Interior height of 3.52 m.
- Direct access from the public road.
Executive Summary
Residential building in Madrid, located in the Tetuán district. Nearby, you can find key urban hubs such as Bravo Murillo Street and the Cuatro Caminos area, as well as institutional and administrative zones linked to Nuevos Ministerios and the Paseo de la Castellana corridor. The surroundings are characterized by a mixed residential and commercial use typical of this part of the city. The area is well-connected via public transportation through the Madrid Metro network, with nearby stations such as Estrecho, Alvarado, and Cuatro Caminos, which serve lines 1, 2, and 6. Additionally, the Nuevos Ministerios transport hub offers Renfe commuter train services. The area also benefits from several EMT urban bus lines. Private transportation access is facilitated by major roads like Bravo Murillo and Paseo de la Castellana, with connections to the M-30 highway.
1 Unit Available
Unit 1
| Unit Size | 505 SF | Condo Use | Retail |
| Price | $291,709 | Sale Type | Investment or Owner User |
| Price Per SF | $577.64 |
| Unit Size | 505 SF |
| Price | $291,709 |
| Price Per SF | $577.64 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
Description
The premises have a built area of 47 m², distributed on a single floor. The interior layout consists of an open-plan room with two storefront windows facing the street, a reception area, a bathroom, and a space designated for storage.
From the storage area, there is access via an interior staircase to a second low-height floor used as additional storage space. The ceiling height on the ground floor is 3.52 meters.
The property is in good condition, and the facilities are fully operational. It features smooth walls and porcelain flooring. It is equipped with split-type air conditioning with an inverter heat pump, LED lighting, and pre-installed video surveillance system. Security is ensured through an electric roll-up curtain for both the main entrance and the storefront windows.
The entrance door is made of glass with aluminum framing and an automatic opening sensor. The two storefront windows each measure approximately 2 meters in length and face directly onto Francisco Medrano Street.
Sale Notes
Ref.: VO280429
Commercial space located on Francisco Medrano Street, in the Tetuán district of Madrid.
Community fees amount to €87.70 per month, and the annual property tax (IBI) is approximately €418.
The space has been operational for several years. There is the possibility of converting its use to residential.
The area is urban and well-established, situated in the Tetuán district on Francisco Medrano Street, which is characterized by commercial activity and pedestrian traffic.
The property has direct access from the public street via Francisco Medrano Street.
+4 More
Interior
Interior
Interior
Interior
Interior
Interior
Altillo
Aseos
Aseos
Property Facts
| Total Building Size | 10,000 - 60,000 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Year Built | 1980 - 1989 |
| Property Subtype | Parking | Yes | |
| Building Class | C |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | |
| Building Class | C |
| Floors | 8 |
| Year Built | 1980 - 1989 |
| Parking | Yes |
Amenities
Site Amenities
- Close to Public Transportation
- Elevator
-
VOhome Fuencarral
Presented by
Cuzco-Castillejos
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