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Calle Velilla 5,381 SF Retail Condo Unit Offered at $325,060 in Vicálvaro, Madrid 28032


Some information has been automatically translated.
Investment Highlights
- Educational centers, medical facilities, shops, etc. in its surroundings.
- Good connections.
Executive Summary
Residential building located in the heart of a well-established area with all kinds of services nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Local of 500 m2.
Sale Notes
Exclusive underground space of 500 m² with consolidated use (warehouse, commercial premises, and parking), available for sale at €280,000 or for rent at €1,700/month. Located on Velilla Street, in the heart of the historic center of Vicálvaro and just a few meters from San Cipriano Street, in one of the most established and dynamic areas of the neighborhood, with excellent commercial and residential activity.
The property is situated on floor -1 and features 500 m² of open space, allowing for optimal distribution and maneuverability. It has independent access via a direct ramp from the street, avoiding easements through communal areas, and includes a permanent driveway permit currently in effect. One of its main strengths is its legal and urban planning support: it comes with the original plan approved and stamped by the Madrid City Council, certifying consolidated uses, which eliminates the usual uncertainty associated with basement spaces.
This is an especially attractive opportunity for investors, logistics companies, or businesses in the automotive sector. Additionally, it offers excellent connections to major access roads such as the A-3, M-40, and R-3, enhancing its operational functionality and potential for appreciation.
The property is situated on floor -1 and features 500 m² of open space, allowing for optimal distribution and maneuverability. It has independent access via a direct ramp from the street, avoiding easements through communal areas, and includes a permanent driveway permit currently in effect. One of its main strengths is its legal and urban planning support: it comes with the original plan approved and stamped by the Madrid City Council, certifying consolidated uses, which eliminates the usual uncertainty associated with basement spaces.
This is an especially attractive opportunity for investors, logistics companies, or businesses in the automotive sector. Additionally, it offers excellent connections to major access roads such as the A-3, M-40, and R-3, enhancing its operational functionality and potential for appreciation.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 5,381 SF | Retail | $325,060 ($60.41/SF) | - |
Unit 2
| Unit Size |
| 5,381 SF |
| Condo Use |
| Retail |
| Price |
| $325,060 ($60.41/SF) |
| NOI |
| - |
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Unit 2
| Unit Size | 5,381 SF |
| Condo Use | Retail |
| Price | $325,060 ($60.41/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Local of 500 m2.</li></ul> | |
| Sale Notes | |
| Exclusive underground space of 500 m² with consolidated use (warehouse, commercial premises, and parking), available for sale at €280,000 or for rent at €1,700/month. Located on Velilla Street, in the heart of the historic center of Vicálvaro and just a few meters from San Cipriano Street, in one of the most established and dynamic areas of the neighborhood, with excellent commercial and residential activity.<br> <br> The property is situated on floor -1 and features 500 m² of open space, allowing for optimal distribution and maneuverability. It has independent access via a direct ramp from the street, avoiding easements through communal areas, and includes a permanent driveway permit currently in effect. One of its main strengths is its legal and urban planning support: it comes with the original plan approved and stamped by the Madrid City Council, certifying consolidated uses, which eliminates the usual uncertainty associated with basement spaces.<br> <br> This is an especially attractive opportunity for investors, logistics companies, or businesses in the automotive sector. Additionally, it offers excellent connections to major access roads such as the A-3, M-40, and R-3, enhancing its operational functionality and potential for appreciation.</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 | 4 |
| Property Subtype | Apartment | Year Built | 1960 - 1969 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Year Built | 1960 - 1969 |
Amenities
Site Amenities
- 24 Hour Access
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Calle Velilla
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