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Calle de San Narciso 1,614 SF Retail Condo Unit Offered at $244,101 in San Blas - Canillejas, Madrid 28022
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Investment Highlights
- Located in the residential neighborhood of Canillejas with easy access to the center of Madrid.
- Connection to important arteries such as M-40 and proximity to Madrid-Barajas Airport.
Executive Summary
Residential property with 2,853 m² of built space distributed across six above-ground floors, located in San Blas, Canillejas district. The area is characterized by a residential environment and excellent connectivity to key parts of the city. It offers access to major roads such as the M-40 and Avenida de América, as well as proximity to Adolfo Suárez Madrid-Barajas Airport. It is well-connected by public transportation, including metro and bus lines.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Profitable sale of 150 m2 premises with the possibility of changing use to housing located in the San Blas - Canillejas neighborhood.
Location in a quiet area with good facilities around and good communication by public transport.
The place currently functions as a mechanical workshop and has a permanent vacuum, which ensures convenient and easy access at all times. It is equipped with a smoke outlet and has multiple possibilities for transformation into a home to become a modern loft or an original creative work space.
Ideal for investors looking for an asset with high returns and great development potential.
Location in a quiet area with good facilities around and good communication by public transport.
The place currently functions as a mechanical workshop and has a permanent vacuum, which ensures convenient and easy access at all times. It is equipped with a smoke outlet and has multiple possibilities for transformation into a home to become a modern loft or an original creative work space.
Ideal for investors looking for an asset with high returns and great development potential.
Sale Notes
Sale of a 150 m² commercial space with profitability, offering the possibility of conversion to residential use, located in the San Blas – Canillejas neighborhood.
Situated in a quiet area with excellent service amenities nearby and well-connected by public transportation.
The space is currently operating as a mechanical workshop and has a permanent driveway permit, ensuring convenient and easy access at all times. It is equipped with a smoke vent and offers multiple possibilities for transformation into a residential property, such as a modern loft or a unique creative workspace.
Ideal for investors seeking a high-yield asset with significant development potential.
Situated in a quiet area with excellent service amenities nearby and well-connected by public transportation.
The space is currently operating as a mechanical workshop and has a permanent driveway permit, ensuring convenient and easy access at all times. It is equipped with a smoke vent and offers multiple possibilities for transformation into a residential property, such as a modern loft or a unique creative workspace.
Ideal for investors seeking a high-yield asset with significant development potential.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 05, Esc. 1 | 1,614 SF | Retail | $244,101 ($151.24/SF) | - |
Unit Puerta 05, Esc. 1
| Unit Size |
| 1,614 SF |
| Condo Use |
| Retail |
| Price |
| $244,101 ($151.24/SF) |
| NOI |
| - |
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Unit Puerta 05, Esc. 1
| Unit Size | 1,614 SF |
| Condo Use | Retail |
| Price | $244,101 ($151.24/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Profitable sale of 150 m2 premises with the possibility of changing use to housing located in the San Blas - Canillejas neighborhood.<br> Location in a quiet area with good facilities around and good communication by public transport.<br> The place currently functions as a mechanical workshop and has a permanent vacuum, which ensures convenient and easy access at all times. It is equipped with a smoke outlet and has multiple possibilities for transformation into a home to become a modern loft or an original creative work space.<br> Ideal for investors looking for an asset with high returns and great development potential.</li></ul> | |
| Sale Notes | |
| Sale of a 150 m² commercial space with profitability, offering the possibility of conversion to residential use, located in the San Blas – Canillejas neighborhood. <br> <br> Situated in a quiet area with excellent service amenities nearby and well-connected by public transportation. <br> <br> The space is currently operating as a mechanical workshop and has a permanent driveway permit, ensuring convenient and easy access at all times. It is equipped with a smoke vent and offers multiple possibilities for transformation into a residential property, such as a modern loft or a unique creative workspace. <br> <br> Ideal for investors seeking a high-yield asset with significant development potential.</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 | 6 |
| 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 | 6 |
| Year Built | 1960 - 1969 |
Amenities
Site Amenities
- Close to Public Transportation
- Elevator
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Altor Asesores
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Street View
Street
Map
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Calle de San Narciso
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