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Zumardi del Boulevard 3,595 SF Retail Condo Unit Offered at $2,086,438 in San Sebastián, Guipúzcoa 20003
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Investment Highlights
- Excellent location in a high foot-traffic and vehicle-traffic area.
- Near the town hall and La Concha beach.
Executive Summary
Residential building with 7 above-ground floors, featuring a commercial space on the ground floor and apartments on the upper levels. Excellent location near the town hall and La Concha beach.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.27% |
| Sale Type | Investment |
| Cap Rate | 5.27% |
Description
Retail space with a total area of 334 m², including 266 m² at street level and 68 m² in the basement. It has a 6-meter-wide glass frontage with great height. It offers excellent visibility.
Sale Notes
Retail space located on one of the main thoroughfares in the city of San Sebastián, in Guipúzcoa.
5% net return based on the rent in the third year.
Commercial premises located in a mixed-use building in excellent state of preservation.
5% net return based on the rent in the third year.
Commercial premises located in a mixed-use building in excellent state of preservation.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 3,595 SF | Retail | $2,086,438 ($580.37/SF) | $110,053.88 |
-
| Unit Size |
| 3,595 SF |
| Condo Use |
| Retail |
| Price |
| $2,086,438 ($580.37/SF) |
| NOI |
| $110,053.88 |
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| Unit Size | 3,595 SF |
| Condo Use | Retail |
| Price | $2,086,438 ($580.37/SF) |
| NOI | $110,053.88 |
| Sale Type | Investment |
| Cap Rate | 5.27% |
| Description | |
| Retail space with a total area of 334 m², including 266 m² at street level and 68 m² in the basement. It has a 6-meter-wide glass frontage with great height. It offers excellent visibility.</li></ul> | |
| Sale Notes | |
| Retail space located on one of the main thoroughfares in the city of San Sebastián, in Guipúzcoa.<br> 5% net return based on the rent in the third year.<br> Commercial premises located in a mixed-use building in excellent state of preservation.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1910 - 1919 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1910 - 1919 |
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Zumardi del Boulevard
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