Share This Listing

Message

941 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Some information has been automatically translated.

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
  • -
  • 1,474 SF
  • Retail
  • $532,560 ($361.30/SF)
  • -
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.
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
-

-

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
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
  • Listing ID: 34190511

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: Paseo del General Martínez Campos, 24, Chamberí, Madrid 28010

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}