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Paseo del General Martínez Campos, 24 1,474 SF Retail Condo Unit Offered at $532,560 in Chamberí, Madrid 28010


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Investment Highlights
- Good location in the heart of the Almagro neighborhood
- Excellent communications by public transport
- Large façade and high-rise ceilings
Executive Summary
Mixed building with ten floors (Ground Floor + Mezzanine + 8), located on Paseo General Martínez Campos. It is well connected by public transport, thanks to two metro stations and several urban bus lines in the vicinity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
The property is selling a commercial space located in the most luxurious and business-oriented area of Chamberí, situated near the corner of Paseo del General Martínez Campos, number 24. The space is accessed from Fernández de la Hoz Street.
The premises have a total area of 137 m² and feature a wide storefront with a width of 9.5 meters and a height of 5 meters, providing plenty of natural light that illuminates two of the three floors of the space.
The area experiences high foot traffic from individuals with a high economic level. In fact, there are several schools directly across the street and on the same block, as well as several supermarkets nearby.
Inside, the property includes two full bathrooms and multiple water and drainage connections at various points throughout the space. It has both hot and cold water and is suitable for any activity that does not require smoke extraction. The entrance is equipped with a double security door, and there is ducted air conditioning on all floors. The entire installation features new LED lighting. Additionally, heating is included in the community fees.
Currently, the space operates as a fully equipped hair salon and beauty center with a solid client base.
It is also suitable for conversion into residential use.
The premises have a total area of 137 m² and feature a wide storefront with a width of 9.5 meters and a height of 5 meters, providing plenty of natural light that illuminates two of the three floors of the space.
The area experiences high foot traffic from individuals with a high economic level. In fact, there are several schools directly across the street and on the same block, as well as several supermarkets nearby.
Inside, the property includes two full bathrooms and multiple water and drainage connections at various points throughout the space. It has both hot and cold water and is suitable for any activity that does not require smoke extraction. The entrance is equipped with a double security door, and there is ducted air conditioning on all floors. The entire installation features new LED lighting. Additionally, heating is included in the community fees.
Currently, the space operates as a fully equipped hair salon and beauty center with a solid client base.
It is also suitable for conversion into residential use.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,474 SF | Retail | $532,560 ($361.30/SF) | - |
-
| Unit Size |
| 1,474 SF |
| Condo Use |
| Retail |
| Price |
| $532,560 ($361.30/SF) |
| NOI |
| - |
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-
| Unit Size | 1,474 SF |
| Condo Use | Retail |
| Price | $532,560 ($361.30/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
|
The property is selling a commercial space located in the most luxurious and business-oriented area of Chamberí, situated near the corner of Paseo del General Martínez Campos, number 24. The space is accessed from Fernández de la Hoz Street. The premises have a total area of 137 m² and feature a wide storefront with a width of 9.5 meters and a height of 5 meters, providing plenty of natural light that illuminates two of the three floors of the space. The area experiences high foot traffic from individuals with a high economic level. In fact, there are several schools directly across the street and on the same block, as well as several supermarkets nearby. Inside, the property includes two full bathrooms and multiple water and drainage connections at various points throughout the space. It has both hot and cold water and is suitable for any activity that does not require smoke extraction. The entrance is equipped with a double security door, and there is ducted air conditioning on all floors. The entire installation features new LED lighting. Additionally, heating is included in the community fees. Currently, the space operates as a fully equipped hair salon and beauty center with a solid client base. It is also suitable for conversion into residential use. |
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 | 80,159 SF | Floors | 10 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 9,214 SF |
| Property Subtype | Apartment | Year Built | 1964 |
| Building Class | C | Lot Size | 0.22 AC |
| Total Building Size | 80,159 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 10 |
| Typical Floor Size | 9,214 SF |
| Year Built | 1964 |
| Lot Size | 0.22 AC |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
- Elevator
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Paseo del General Martínez Campos, 24
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