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Investment Highlights

  • Ground floor premises.
  • All services in the area.
  • In a well-established residential area.
  • Good public transportation access.

Executive Summary

Residential building with a total area of 272 m2, distributed across 3 above-ground floors. It is well-connected by public transportation, with several urban and intercity bus lines available.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 01
  • 1,076 SF
  • Retail
  • $250,006 ($232.35/SF)
  • -
Sale Type Investment or Owner User
Description
Street-level commercial space with an approximate built area of 100 m².
Sale Notes
Street-level commercial space with an approximate built area of 100 m², located in an urban area undergoing transformation, within a zone with growth potential and increasing value.

The property features a spacious and bright interior layout, allowing for versatile adaptation of the space to various uses, whether commercial or professional.

Built in 1965, the space provides a solid foundation for renovation or upgrades, enabling its conversion to meet current market demands.

There is the possibility of changing its use to residential, subject to urban planning regulations and technical conditions, which enhances its appeal as an investment asset.

Due to its size, features, and location, the property is suitable for retail, office space, professional studios, or residential projects, within an evolving urban area with growing demand.
Unit Unit Size Condo Use Price NOI
Unit 01 1,076 SF Retail $250,006 ($232.35/SF) -

Unit 01

Unit Size
1,076 SF
Condo Use
Retail
Price
$250,006 ($232.35/SF)
NOI
-

Unit 01

Unit Size 1,076 SF
Condo Use Retail
Price $250,006 ($232.35/SF)
NOI -
Sale Type Investment or Owner User
Description
Street-level commercial space with an approximate built area of 100 m&#178;.</li></ul>
Sale Notes
Street-level commercial space with an approximate built area of 100 m&#178;, located in an urban area undergoing transformation, within a zone with growth potential and increasing value. <br> <br> The property features a spacious and bright interior layout, allowing for versatile adaptation of the space to various uses, whether commercial or professional. <br> <br> Built in 1965, the space provides a solid foundation for renovation or upgrades, enabling its conversion to meet current market demands. <br> <br> There is the possibility of changing its use to residential, subject to urban planning regulations and technical conditions, which enhances its appeal as an investment asset. <br> <br> Due to its size, features, and location, the property is suitable for retail, office space, professional studios, or residential projects, within an evolving urban area with growing demand.</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 < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 3
Year Built 1960 - 1969

Amenities

Site Amenities

  • Wi-Fi
  • Community-Wide WiFi
  • Public Transportation
  • Listing ID: 41038680

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: Tetuán, Madrid 28039

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