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Plaza de Padrón, 10 592 SF Retail Condo Units Offered at $165,009 - $213,473 Per Unit in Fuencarral - El Pardo, Madrid 28029
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Investment Highlights
- Strategic location in a consolidated area with high pedestrian and road flow.
- Urban environment with essential services and excellent connectivity.
- Potential for revaluation after urban regularization.
- Adaptable space for multiple business concepts.
Executive Summary
This residential building is located in the heart of the El Pilar neighborhood, a well-established and well-connected area within the Fuencarral-El Pardo district. The surroundings combine residential tranquility with a wide range of services. Just a few minutes away are Metro stations like Barrio del Pilar (L9) and Ventilla (L9), as well as several urban bus lines that connect to the rest of Madrid. The area also offers convenient access to main roads such as Betanzos Avenue, Sinesio Delgado Street, and the M-30. In terms of amenities, the area offers multiple supermarkets, sports centers, schools, daycare centers, health centers, and shopping spaces, with the proximity to La Vaguada Shopping Center, one of the most comprehensive in the city, being a highlight. There are also banks, pharmacies, cafes, and small shops that provide vibrancy and local services. It is a practical and well-equipped environment for daily life.
Property Facts
| Total Building Size | 16,243 SF | Floors | 5 |
| Property Type | Multifamily | Typical Floor Size | 2,723 SF |
| Property Subtype | Apartment | Year Built | 1968 |
| Building Class | C | Lot Size | 0.06 AC |
| Total Building Size | 16,243 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 2,723 SF |
| Year Built | 1968 |
| Lot Size | 0.06 AC |
Amenities
Site Amenities
- Public Transportation
2 Units Available
Unit Puerta 01
| Unit Size | 592 SF | Condo Use | Retail |
| Price | $165,009 | Sale Type | Investment or Owner User |
| Price Per SF | $278.73 | APN/Parcel ID | 02129A6VK4801A0001XR |
| Unit Size | 592 SF |
| Price | $165,009 |
| Price Per SF | $278.73 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 02129A6VK4801A0001XR |
Description
Commercial space of 55 m2 built and about 44 m2 useful in Plaza de Padrón in Madrid.
Sale Notes
Reference: GTRE-00190
In the heart of the consolidated neighborhood of El Pilar, there is an exceptional opportunity for investors: a commercial space located in the Plaza de Padrón, with a compact and versatile space that offers enormous potential for transformation and enhancement. With a configuration that allows multiple approaches to exploitation, this property stands out especially for its urban situation pending regularization, which generates an attractive window of future revaluation for those investors with a strategic vision.
The immediate environment constitutes one of the asset's great added values. The neighborhood of El Pilar is a fully consolidated area within the district of Fuencarral-El Pardo, combining intense residential activity with a constant flow of traffic, which increases the visibility and commercial possibilities of the place once it has been regulated. Its location close to key mobility arteries in Madrid allows quick connections to different parts of the city, providing convenience for both customers and suppliers.
In its vicinity, the property has a wide range of essential services: public transport, logistics areas, gas stations, shops, hospitality and facilities that favor the development of economic activities of different types. These characteristics make the store a particularly interesting asset for those who seek to incorporate into their portfolio an asset with potential for growth in profitability and equity value.
Property without possession and without access to the interior. The photographs of the interior and characteristics of the asset may not conform to the current state.
Unit Puerta 01
| Unit Size | 592 SF | Condo Use | Retail |
| Price | $213,473 | Sale Type | Investment or Owner User |
| Price Per SF | $360.60 | APN/Parcel ID | 02129A6VK4801A0005EI |
| Unit Size | 592 SF |
| Price | $213,473 |
| Price Per SF | $360.60 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 02129A6VK4801A0005EI |
Description
Commercial space of 55 m2 built and about 44 m2 useful in Plaza de Padrón in Madrid.
Sale Notes
Ref.: GTRE-00189
In the heart of the consolidated neighborhood of El Pilar, there is an exceptional opportunity for investors: a commercial space located in the Plaza de Padrón, with a compact and versatile space that offers enormous potential for transformation and enhancement. With a configuration that allows multiple approaches to exploitation, this property stands out especially for its urban situation pending regularization, which generates an attractive window of future revaluation for those investors with a strategic vision.
The immediate environment constitutes one of the asset's great added values. The neighborhood of El Pilar is a fully consolidated area within the district of Fuencarral-El Pardo, combining intense residential activity with a constant flow of traffic, which increases the visibility and commercial possibilities of the place once it has been regulated. Its location close to key mobility arteries in Madrid allows quick connections to different parts of the city, providing convenience for both customers and suppliers.
The flexible nature of the space makes it suitable for various future uses, from small commercial activities to hybrid solutions linked to services, light logistics or urban storage. Its strategic location, combined with the possibility of increasing value once its situation has been regularized, positions it as an intelligent opportunity within the investment market in Madrid.
Property without possession and without access to the interior. The photographs of the interior and characteristics of the asset may not conform to the current state.
Presented by
Plaza de Padrón, 10
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