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Investment Highlights

  • Residential building with ground-floor retail spaces on Pablo Iglesias Street, located in a well-established area with excellent visibility.
  • Property from 2003, well-connected and surrounded by amenities, ideal for commercial activity and investment.

Executive Summary

Residential building with commercial spaces on the ground floor located on Pablo Iglesias Street in Rivas-Vaciamadrid (Covibar neighborhood). The property, built in 2003, offers good commercial visibility. It has excellent public transportation connections and is situated in a well-established area with all kinds of services, enhancing its appeal for commercial use and investment.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,550 SF
  • Retail
  • $891,709 ($575.30/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space of 144 m² on the ground floor with direct street-level access on Pablo Iglesias Street (Rivas-Vaciamadrid, Covibar neighborhood).  
Currently rented and not available for visits, located in a well-established area with good visibility, transportation links, and services, suitable for investment.
Sale Notes
Ref: 0075332797

Commercial space located in the province of Madrid, in the municipality of Rivas-Vaciamadrid (Colonia Covibar), on Pablo Iglesias Street. The property has a total area of 144 m², entirely distributed on the ground floor, with direct street-level access, enhancing its visibility and functionality.

Important: Asset with issues—currently rented and not available for visits. It is situated in a well-established area with good commercial visibility, excellent public transportation connections, and surrounded by a variety of services and businesses, which increases its appeal as an investment asset.
Unit Unit Size Condo Use Price NOI
- 1,550 SF Retail $891,709 ($575.30/SF) -

-

Unit Size
1,550 SF
Condo Use
Retail
Price
$891,709 ($575.30/SF)
NOI
-

-

Unit Size 1,550 SF
Condo Use Retail
Price $891,709 ($575.30/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space of 144 m&#178; on the ground floor with direct street-level access on Pablo Iglesias Street (Rivas-Vaciamadrid, Covibar neighborhood).&nbsp;&nbsp;<br> Currently rented and not available for visits, located in a well-established area with good visibility, transportation links, and services, suitable for investment.</li></ul>
Sale Notes
Ref: 0075332797<br> <br> Commercial space located in the province of Madrid, in the municipality of Rivas-Vaciamadrid (Colonia Covibar), on Pablo Iglesias Street. The property has a total area of 144 m&#178;, entirely distributed on the ground floor, with direct street-level access, enhancing its visibility and functionality. <br> <br> Important: Asset with issues—currently rented and not available for visits. It is situated in a well-established area with good commercial visibility, excellent public transportation connections, and surrounded by a variety of services and businesses, which increases its appeal as an investment asset.</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 > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 2000 - 2009

Amenities

  • Natural Light

Site Amenities

  • Elevator
  • Listing ID: 40830126

  • Date on Market: 6/8/2026

  • Last Updated:

  • Address: Rivas-Vaciamadrid, Madrid 28521

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