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Investment Highlights

  • Ground-floor commercial spaces with high visibility on Cardenal Cisneros Street.
  • Residential building constructed in 1971 with excellent public transportation connections.

Executive Summary

Residential building with commercial spaces on the ground floor, located in Palencia, on Cardenal Cisneros Street. Built in 1971, it offers good visibility and excellent public transportation connections, situated in an area with well-established services.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit -
  • 2,325 SF
  • Retail
  • $358,517 ($154.20/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space in Palencia, located on Cardenal Cisneros Street, with 216 sq. meters on the ground floor and direct access from the street. Situated on a corner, it offers excellent visibility in an urban area with all types of services.
Sale Notes
Commercial space located in Palencia city center, on Cardenal Cisneros Street. The property has an approximate area of 216 square meters and is situated on a corner, providing outstanding visibility from multiple angles.

It features direct street access and a single-floor layout, making it easy to adapt to various commercial uses. Its location in a well-established urban area ensures high exposure, both pedestrian and vehicular traffic, as well as proximity to a wide range of services and businesses.

This location, combined with its physical characteristics, makes it a practical option for activities that require visibility and easy accessibility.
Unit Unit Size Condo Use Price NOI
Unit - 2,325 SF Retail $358,517 ($154.20/SF) -

Unit -

Unit Size
2,325 SF
Condo Use
Retail
Price
$358,517 ($154.20/SF)
NOI
-

Unit -

Unit Size 2,325 SF
Condo Use Retail
Price $358,517 ($154.20/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space in Palencia, located on Cardenal Cisneros Street, with 216 sq. meters on the ground floor and direct access from the street. Situated on a corner, it offers excellent visibility in an urban area with all types of services.</li></ul>
Sale Notes
Commercial space located in Palencia city center, on Cardenal Cisneros Street. The property has an approximate area of 216 square meters and is situated on a corner, providing outstanding visibility from multiple angles. <br> <br> It features direct street access and a single-floor layout, making it easy to adapt to various commercial uses. Its location in a well-established urban area ensures high exposure, both pedestrian and vehicular traffic, as well as proximity to a wide range of services and businesses. <br> <br> This location, combined with its physical characteristics, makes it a practical option for activities that require visibility and easy accessibility.</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
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Floors 10
Year Built 1970 - 1979

Amenities

Site Amenities

  • Storage Space
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 22 - 861
  • Listing ID: 40841984

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: Palencia, Palencia 34004

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