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Calle Carrascales 2,723 SF Industrial Building Madrid, Madrid 28026 $685,064 ($251.56/SF)



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Investment Highlights
- Built area of 253 m2 on two floors.
- Possibility of expanding with an additional floor.
- Current industrial use license.
- Property for renovation with high transformation potential.
Executive Summary
Property currently licensed for industrial use, offering potential for transformation and rehabilitation projects, subject to current urban planning regulations. The building has a total approximate area of 253 m2, distributed over two floors, with 146 m2 on the ground floor and 114 m2 on the first floor. Additionally, there is the possibility of expanding the construction by adding an additional floor, in accordance with applicable regulations.
The interior layout is organized into various rooms, allowing for multiple configurations and implementation alternatives based on the requirements of the future project. The property includes restrooms on both floors and storage spaces, providing storage capacity and operational functionality.
The current condition requires renovation and adaptation work, which facilitates the complete customization of the space according to the intended use. Due to its construction characteristics, size, and development possibilities, the asset is suitable for exploring various repositioning alternatives, whether for residential use or other uses compatible with the corresponding urban regulations.
Located in an area with established activity and growing demand, the property offers significant adaptability and potential for value appreciation associated with future rehabilitation or transformation projects.
The interior layout is organized into various rooms, allowing for multiple configurations and implementation alternatives based on the requirements of the future project. The property includes restrooms on both floors and storage spaces, providing storage capacity and operational functionality.
The current condition requires renovation and adaptation work, which facilitates the complete customization of the space according to the intended use. Due to its construction characteristics, size, and development possibilities, the asset is suitable for exploring various repositioning alternatives, whether for residential use or other uses compatible with the corresponding urban regulations.
Located in an area with established activity and growing demand, the property offers significant adaptability and potential for value appreciation associated with future rehabilitation or transformation projects.
Property Facts
| Price | $685,064 | Property Subtype | Warehouse |
| Price Per SF | $251.56 | Building Class | C |
| Sale Type | Investment or Owner User | Rentable Building Area | < 15,000 SF |
| Property Type | Industrial | Year Built | 1930 - 1939 |
| Price | $685,064 |
| Price Per SF | $251.56 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Rentable Building Area | < 15,000 SF |
| Year Built | 1930 - 1939 |
Amenities
- 24 Hour Access
- Storage Space
Utilities
- Lighting
- Water
- Sewer
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