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Zona Azucaica – Santa María de Benquerencía 430 SF Retail Condo Unit Offered at $66,374 in Toledo, Toledo 45007

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INVESTMENT HIGHLIGHTS

Immediate surroundings with all necessary services at hand.

Good road connectivity via the TO-23.

EXECUTIVE SUMMARY

Residential property with 15,647 m² of built area distributed across six above-ground floors, located in Toledo. Consolidated residential area surrounded by shops and services, with good road access via the TO-23.

PROPERTY FACTS

Total Building Size	> 50,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	6
Property Subtype	Apartment	Year Built	1980 - 1989

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	6
Year Built	1980 - 1989

Natural Light

SITE AMENITIES

Close to Public Transportation

Elevator

1 UNIT AVAILABLE

Unit -

Unit Size	430 SF	Condo Use	Retail
Price	$66,374	Sale Type	Investment or Owner User
Price Per SF	$154.36

Unit Size	430 SF
Price	$66,374
Price Per SF	$154.36
Condo Use	Retail
Sale Type	Investment or Owner User

DESCRIPTION

40 m² commercial space located at street level and set up as a bar/restaurant. It has a north-facing orientation and was built in 1981. There is the possibility of changing its use.

SALE NOTES

Commercial space for sale with potential for change of use.

The City Council is expected to grant permits for the modification of use of commercial spaces in the area within approximately one year, which would allow this space to be converted into a studio or apartment of about 40 m².

The property operated as a bar for 20 years and is located directly across from the entrance to Juanelo Turriano High School. It does not have an exhaust system, but it is equipped with a split air conditioning unit with a heat pump. The bar counter is made of stainless steel, and there is a window facing the street. The shutters are solid blinds without a motor.

If you wish to reactivate the bar license, renovations will be required to comply with current regulations, such as soundproofing the premises, among other updates.

The community fee is €10 per month, and the façade faces north. The building was constructed in 1981.