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Calle Mesón de Paredes 904 SF Retail Condo Unit Offered at $295,937 in Madrid, Madrid 28012



Some information has been automatically translated.
Investment Highlights
- Busy and commercial area right in the city center.
- Immediate surroundings with all types of services nearby.
Executive Summary
Residential property with 1,147 m2 of built space distributed across six above-ground floors, located in Lavapiés - Embajadores. High-visibility area with heavy pedestrian traffic. Immediate surroundings include all types of services and shops nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Commercial space of 84 m² on the ground floor, with a visible façade, high ceilings, private bathroom, and air conditioning. Located in a well-established urban area with high pedestrian traffic.
Sale Notes
Investment opportunity in Madrid for those seeking a stable asset that generates income from day one. The property is currently leased with a monthly rent of €1,500, offering an approximate yield of 8%, ensuring immediate cash flow and reducing risks associated with vacancy periods.
Located in a well-established and active area, this property stands out for its visibility and pedestrian traffic, factors that favor the retention of the current tenant and enhance its appeal for future leases. The commercial area where it is situated enjoys high demand, further reinforcing the asset's liquidity and long-term stability.
Its profile makes it an ideal investment for asset managers who prioritize security, stable income, and minimal operational effort. This property combines profitability and payment reliability in a market context where such conditions are increasingly rare.
Located in a well-established and active area, this property stands out for its visibility and pedestrian traffic, factors that favor the retention of the current tenant and enhance its appeal for future leases. The commercial area where it is situated enjoys high demand, further reinforcing the asset's liquidity and long-term stability.
Its profile makes it an ideal investment for asset managers who prioritize security, stable income, and minimal operational effort. This property combines profitability and payment reliability in a market context where such conditions are increasingly rare.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit pt iz | 904 SF | Retail | $295,937 ($327.36/SF) | - |
Unit pt iz
| Unit Size |
| 904 SF |
| Condo Use |
| Retail |
| Price |
| $295,937 ($327.36/SF) |
| NOI |
| - |
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Unit pt iz
| Unit Size | 904 SF |
| Condo Use | Retail |
| Price | $295,937 ($327.36/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Commercial space of 84 m² on the ground floor, with a visible façade, high ceilings, private bathroom, and air conditioning. Located in a well-established urban area with high pedestrian traffic.</li></ul> | |
| Sale Notes | |
| Investment opportunity in Madrid for those seeking a stable asset that generates income from day one. The property is currently leased with a monthly rent of €1,500, offering an approximate yield of 8%, ensuring immediate cash flow and reducing risks associated with vacancy periods.<br> <br> Located in a well-established and active area, this property stands out for its visibility and pedestrian traffic, factors that favor the retention of the current tenant and enhance its appeal for future leases. The commercial area where it is situated enjoys high demand, further reinforcing the asset's liquidity and long-term stability.<br> <br> Its profile makes it an ideal investment for asset managers who prioritize security, stable income, and minimal operational effort. This property combines profitability and payment reliability in a market context where such conditions are increasingly rare.</li></ul> |
Property Facts
The following property facts 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 | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1950 - 1959 |
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Calle Mesón de Paredes
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