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Calle De Miguel Arredondo, 7

452 SF Retail Condo Unit Offered at $223,827 in 28045 Madrid

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Investment Highlights

Commercial space with license for change of use
Excellent communications

With direct access from Miguel Arredondo street

Property Facts

Price	$223,827	Sale Type	Investment or Owner User
Unit Size	452 SF	Building Class	C
No. Units	1	Floors	7
Total Building Size	13,272 SF	Typical Floor Size	1,896 SF
Property Type	Multifamily (Condo)	Year Built	1953
Property Subtype	Apartment	Lot Size	0.04 AC

Price	$223,827
Unit Size	452 SF
No. Units	1
Total Building Size	13,272 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment or Owner User
Building Class	C
Floors	7
Typical Floor Size	1,896 SF
Year Built	1953
Lot Size	0.04 AC

1 Unit Available

Unit Puerta 02, Esc. 1

Unit Size	452 SF	Condo Use	Retail
Price	$223,827	Sale Type	Investment or Owner User
Price Per SF	$495.19

Unit Size	452 SF
Price	$223,827
Price Per SF	$495.19
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Great opportunity. Commercial space with license to convert into housing in the Delicias neighborhood, Madrid.
The place, in the heart of the Delicias neighborhood, has 41.80 m2 and has the approved license to change its use to housing.
The layout designed for housing is designed with a layout with a main room, living area, and a kitchen with integrated dining table. The bathroom is separate for added convenience.
The space has direct access from Miguel Arredondo street. It has windows that overlook the public road, allowing natural light to enter, and with a window to an interior patio. In addition, the bathroom will have a mechanical extractor to ensure ventilation.
In addition, an armored door, 0.825 m wide by 2.03 m high, is projected, with a fixed upper window and another folding window on the side, to maximize the entry of light and ventilation. All without modifying the original openings of the façade, only renovating the carpentry.
Excellent location, just a step away from Delicias metro station and surrounded by shops, schools, parks and restaurants.
Ideal for investment: Booming area with a lot of potential for revaluation. A mechanized parking space is included in the building on Calle de Embajadores, 115.