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Zona Carabanchel - Buenavista 678 SF Retail Condo Unit Offered at $214,844 in Carabanchel, Madrid 28044
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Investment Highlights
- Ground floor space with two storefronts and an approximate 7-meter façade that provides high visibility.
- Smoke extraction system installed, suitable for restaurant businesses or other permitted uses.
- Excellent connectivity, just 5 minutes from the San Francisco metro station (Line 11) and with multiple bus lines.
- Functional layout with a lounge and bar, kitchen space, storage area, and two restrooms.
- Previously a bar; currently available with the possibility of conversion to residential use subject to regulations.
- Close to the Islazul and Parquesur shopping centers, with easy access to A-42, M-40, and M-45.
Executive Summary
Residential building with ground-floor retail spaces located in the Buenavista district of Madrid. The area is well-connected via metro and bus, and is a short drive from the Islazul and Parquesur shopping centers. It offers convenient access to the A-42, M-40, and M-45 highways.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 63 m² at street level in the Carabanchel - Buenavista area.
Sale Notes
This commercial space offers a versatile area in the Buenavista neighborhood of Madrid, representing an excellent opportunity for investors or owner-operators. It features 63 square meters of built space and 59 square meters of usable space, distributed across a main room with a bar, an equipped kitchen area, a storage room, and two restrooms. Its street-level location provides direct access, complemented by two storefronts and a façade of approximately 7 linear meters for maximum visibility.
The property is equipped with a smoke extraction system, making it suitable for hospitality businesses or other permitted uses. Previously operated as a bar, it is now available due to retirement, with the added possibility of converting it into residential use, subject to current regulations.
Located just a few minutes' walk from the San Francisco metro station (Line 11) and with several nearby bus lines, the property enjoys excellent connectivity to the city. Additionally, it is close to essential services such as health centers, schools, daycare facilities, and supermarkets. The Islazul shopping center (6 minutes by car) and Parquesur shopping center (9 minutes by car) are nearby, with easy access to the A-42, M-40, and M-45 highways.
The property is equipped with a smoke extraction system, making it suitable for hospitality businesses or other permitted uses. Previously operated as a bar, it is now available due to retirement, with the added possibility of converting it into residential use, subject to current regulations.
Located just a few minutes' walk from the San Francisco metro station (Line 11) and with several nearby bus lines, the property enjoys excellent connectivity to the city. Additionally, it is close to essential services such as health centers, schools, daycare facilities, and supermarkets. The Islazul shopping center (6 minutes by car) and Parquesur shopping center (9 minutes by car) are nearby, with easy access to the A-42, M-40, and M-45 highways.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 02 | 678 SF | Retail | $214,844 ($316.88/SF) | - |
Unit Puerta 02
| Unit Size |
| 678 SF |
| Condo Use |
| Retail |
| Price |
| $214,844 ($316.88/SF) |
| NOI |
| - |
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Unit Puerta 02
| Unit Size | 678 SF |
| Condo Use | Retail |
| Price | $214,844 ($316.88/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 63 m² at street level in the Carabanchel - Buenavista area.</li></ul> | |
| Sale Notes | |
| This commercial space offers a versatile area in the Buenavista neighborhood of Madrid, representing an excellent opportunity for investors or owner-operators. It features 63 square meters of built space and 59 square meters of usable space, distributed across a main room with a bar, an equipped kitchen area, a storage room, and two restrooms. Its street-level location provides direct access, complemented by two storefronts and a façade of approximately 7 linear meters for maximum visibility.<br> <br> The property is equipped with a smoke extraction system, making it suitable for hospitality businesses or other permitted uses. Previously operated as a bar, it is now available due to retirement, with the added possibility of converting it into residential use, subject to current regulations.<br> <br> Located just a few minutes' walk from the San Francisco metro station (Line 11) and with several nearby bus lines, the property enjoys excellent connectivity to the city. Additionally, it is close to essential services such as health centers, schools, daycare facilities, and supermarkets. The Islazul shopping center (6 minutes by car) and Parquesur shopping center (9 minutes by car) are nearby, with easy access to the A-42, M-40, and M-45 highways.</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 | 5 |
| 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 | 5 |
| Year Built | 1960 - 1969 |
Amenities
- Bus Line
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Zona Carabanchel - Buenavista
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