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Avenida Constitución 1,636 SF Retail Building Mejorada del Campo, Madrid 28840 $256,180 ($156.58/SF)



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INVESTMENT HIGHLIGHTS
- Commercial space with a bar and restrooms on the ground floor.
- Possibility of changing the use of the premises to residential.
- First-floor housing with the option for expansion.
- Central location, pedestrian-friendly, and with high commercial visibility.
EXECUTIVE SUMMARY
Residential and commercial property located in Mejorada del Campo, near Plaza de España, in a central, pedestrian area surrounded by small businesses, ensuring good visibility and a constant flow of potential customers.
The property has a total area of 152 m², distributed over two floors of 76 m² each. The ground floor features a street-level commercial space with a large main area equipped with a bar, an independent room, and restroom facilities. The first floor, currently used as a residence, includes several rooms and offers the possibility of constructing an additional floor.
There is an option to change the use of the commercial space to residential, allowing the entire property to be used for residential purposes or to combine living space with professional activity within the same building.
Key features include wooden doors, laminate flooring, textured paint walls, a smoke vent, a wide façade with windows, and an interior staircase connecting both floors.
The property has a total area of 152 m², distributed over two floors of 76 m² each. The ground floor features a street-level commercial space with a large main area equipped with a bar, an independent room, and restroom facilities. The first floor, currently used as a residence, includes several rooms and offers the possibility of constructing an additional floor.
There is an option to change the use of the commercial space to residential, allowing the entire property to be used for residential purposes or to combine living space with professional activity within the same building.
Key features include wooden doors, laminate flooring, textured paint walls, a smoke vent, a wide façade with windows, and an interior staircase connecting both floors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
< 15,000 SF
Building Class
C
Year Built
1970 - 1979
Price
$256,180
Price Per SF
$156.58
Percent Leased
100%
AMENITIES
- Bus Line
- Storage Space
- Air Conditioning
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NEARBY MAJOR RETAILERS
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Avenida Constitución
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