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12 de Octubre-Orcasur 18,988 SF Industrial Building Usera, Madrid 28041 $2,744,112 ($144.52/SF)
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Investment Highlights
- Building in Madrid.
- Units currently rented.
- Pending horizontal division.
- 6 existing residences. 2 commercial spaces.
- Without First Occupancy License.
- Good connections with Metro (L3), commuter rail C-5, and main roads such as A-4, M-30, and M-40.
Executive Summary
Ref.: PR99559780
Residential building with commercial spaces located in Madrid, Madrid province.
The property currently consists of six residential units and two commercial spaces. All units are rented, with the possibility of delivering them vacant. It does not have a First Occupancy License, and the horizontal division is pending administrative formalization. There is a project for transforming the building into twelve residential units.
The surrounding area is located in the Villaverde district, specifically in the Orcasur neighborhood, featuring residential areas and public facilities. Nearby landmarks include the 12 de Octubre University Hospital, the Manzanares Linear Park, and the Caja Mágica sports and cultural complex. The area also offers educational facilities, local amenities, and commercial spaces that contribute to the daily urban activity.
Transportation options include access via Madrid Metro's Line 3, with stations such as San Fermín-Orcasur and Hospital 12 de Octubre. Renfe commuter rail stations in the area include Doce de Octubre and Orcasitas (Line C-5). The EMT bus network connects the area to various parts of the city. For private transportation, the property is close to the A-4 highway and the M-30, M-40, and M-45 ring roads, providing convenient connections to the rest of Madrid and its metropolitan area.
Residential building with commercial spaces located in Madrid, Madrid province.
The property currently consists of six residential units and two commercial spaces. All units are rented, with the possibility of delivering them vacant. It does not have a First Occupancy License, and the horizontal division is pending administrative formalization. There is a project for transforming the building into twelve residential units.
The surrounding area is located in the Villaverde district, specifically in the Orcasur neighborhood, featuring residential areas and public facilities. Nearby landmarks include the 12 de Octubre University Hospital, the Manzanares Linear Park, and the Caja Mágica sports and cultural complex. The area also offers educational facilities, local amenities, and commercial spaces that contribute to the daily urban activity.
Transportation options include access via Madrid Metro's Line 3, with stations such as San Fermín-Orcasur and Hospital 12 de Octubre. Renfe commuter rail stations in the area include Doce de Octubre and Orcasitas (Line C-5). The EMT bus network connects the area to various parts of the city. For private transportation, the property is close to the A-4 highway and the M-30, M-40, and M-45 ring roads, providing convenient connections to the rest of Madrid and its metropolitan area.
Property Facts
| Price | $2,744,112 | Building Class | C |
| Price Per SF | $144.52 | Rentable Building Area | 10,000 - 60,000 SF |
| Sale Type | Investment or Owner User | Year Built | 1950 - 1959 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse |
| Price | $2,744,112 |
| Price Per SF | $144.52 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | 10,000 - 60,000 SF |
| Year Built | 1950 - 1959 |
| Tenancy | Single |
Amenities
- Close to Public Transportation
- Storage Space
- Private Bathroom
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12 de Octubre-Orcasur
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