Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Some information has been automatically translated.

Investment Highlights

  • Established residential area.
  • Just minutes away from all services.

Executive Summary

Residential building constructed in 1973. It has 5 above-ground floors and a basement.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 4,219 SF
  • Retail
  • $745,139 ($176.62/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space located on a corner on the ground floor of a residential building.

It has an area of 392 m² distributed over two levels.
Sale Notes
Commercial space located at one of the most promising corners in the Tetuán district.

This is a space capable of driving big ideas and new business opportunities.

This corner property, with approximately 30 meters of frontage, exudes visibility, presence, and openness at first glance.

It has a total area of 392 m², offering a versatile environment full of possibilities, distributed between the ground floor and 268 m² in the basement.

The standout feature is a detail that very few properties can offer: the basement has vehicular ramp access, providing convenience, functionality, and significant added value for activities requiring logistics, storage, or direct access. Additionally, it has an interior connection via stairs, ensuring practical and seamless circulation between spaces.

Its variable ceiling heights—2.86 meters on the ground floor and ranging from 2.15 meters to 3.57 meters in most of the basement—create a sense of spaciousness and flexibility, allowing the space to be adapted to various projects, fostering creativity and business growth.

Property tax (IBI): €825.72 annually.  
Waste collection fee (TRUA): €102.71 annually.  
Community fees: €80 monthly.
Unit Unit Size Condo Use Price NOI
Unit 1 4,219 SF Retail $745,139 ($176.62/SF) -

Unit 1

Unit Size
4,219 SF
Condo Use
Retail
Price
$745,139 ($176.62/SF)
NOI
-

Unit 1

Unit Size 4,219 SF
Condo Use Retail
Price $745,139 ($176.62/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space located on a corner on the ground floor of a residential building.<br> <br> It has an area of 392 m&#178; distributed over two levels.</li></ul>
Sale Notes
Commercial space located at one of the most promising corners in the Tetu&#225;n district.<br> <br> This is a space capable of driving big ideas and new business opportunities.<br> <br> This corner property, with approximately 30 meters of frontage, exudes visibility, presence, and openness at first glance.<br> <br> It has a total area of 392 m&#178;, offering a versatile environment full of possibilities, distributed between the ground floor and 268 m&#178; in the basement.<br> <br> The standout feature is a detail that very few properties can offer: the basement has vehicular ramp access, providing convenience, functionality, and significant added value for activities requiring logistics, storage, or direct access. Additionally, it has an interior connection via stairs, ensuring practical and seamless circulation between spaces.<br> <br> Its variable ceiling heights—2.86 meters on the ground floor and ranging from 2.15 meters to 3.57 meters in most of the basement—create a sense of spaciousness and flexibility, allowing the space to be adapted to various projects, fostering creativity and business growth.<br> <br> Property tax (IBI): €825.72 annually.&nbsp;&nbsp;<br> Waste collection fee (TRUA): €102.71 annually.&nbsp;&nbsp;<br> Community fees: €80 monthly.</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
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 1970 - 1979

Amenities

Site Amenities

  • Elevator
  • Listing ID: 40661551

  • Date on Market: 5/26/2026

  • Last Updated:

  • Address: Tetuán, Madrid 28039

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}