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Ronda de Toledo, 34 2,647 SF Retail Condo Unit Offered at $500,716 in Arganzuela, Madrid 28005
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INVESTMENT HIGHLIGHTS
- Busy and commercial area.
- Just a few meters from the Embajadores roundabout.
EXECUTIVE SUMMARY
Residential property with 2,367 m² built, distributed across eight above-ground floors, located in Acacias. Consolidated residential area surrounded by shops and services, with good public transportation connections.
PROPERTY FACTS
| Total Building Size | 25,478 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 3,175 SF |
| Property Subtype | Apartment | Year Built | 1950 |
| Building Class | C | Lot Size | 0.07 AC |
| Total Building Size | 25,478 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 3,175 SF |
| Year Built | 1950 |
| Lot Size | 0.07 AC |
1 UNIT AVAILABLE
Unit Pta. 2
| Unit Size | 2,647 SF | Sale Type | Investment |
| Price | $500,716 | Cap Rate | 5.40% |
| Price Per SF | $189.16 | NOI | $27,038.67 |
| Condo Use | Retail |
| Unit Size | 2,647 SF |
| Price | $500,716 |
| Price Per SF | $189.16 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| NOI | $27,038.67 |
DESCRIPTION
Premises of 246 m2 built, distributed over two levels: 100 m2 usable on the ground floor and 126 m2 in the basement.
SALE NOTES
Investment opportunity: profitable commercial space on Ronda de Toledo street
This 246 m² property is available for sale, distributed into 100 m² of usable space on the ground floor and 126 m² in the basement.
It has a stable and reliable tenant with an active lease, ensuring a gross return of 6.17% and income generation from day one.
The building was constructed in 1950, offering solid structure and a well-established location in the area.
Fachada
Presented by
Ronda de Toledo, 34
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