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Zona Sanchinarro 581 SF Retail Condo Unit Offered at $409,836 in Hortaleza, Madrid 28050
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INVESTMENT HIGHLIGHTS
- Excellent location in Sanchinarro.
- Investment opportunity.
EXECUTIVE SUMMARY
Excellent building located in the heart of Sanchinarro, a recently developed and rapidly expanding area in recent years, featuring residential buildings and a wide variety of shops, services, and more. It boasts high visibility and excellent connections via both public and private transportation.
PROPERTY FACTS
| Total Building Size | > 50,000 SF | Floors | 7 |
| Property Type | Multifamily (Condo) | Year Built | 2000 - 2009 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 2000 - 2009 |
| Parking | Yes |
AMENITIES
- Bus Line
- Natural Light
SITE AMENITIES
- Close to Public Transportation
1 UNIT AVAILABLE
Unit 1
| Unit Size | 581 SF | Condo Use | Retail |
| Price | $409,836 | Sale Type | Investment |
| Price Per SF | $705.40 |
| Unit Size | 581 SF |
| Price | $409,836 |
| Price Per SF | $705.40 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
Commercial space of 54 square meters built.
SALE NOTES
Ref: TNC/25/L003
Attractive commercial space currently operating as a bakery-café. Built in 2008, the property is distributed over 54 m2 on the main floor, with distinct areas for bread and pastry sales, a bakery area, and a bathroom adapted for people with reduced mobility.
The interior features warm finishes such as wooden flooring, aluminum carpentry on windows and the access door, and an inverter air conditioning system, ensuring comfort and energy efficiency. Outside, the space includes a 22 m2 glass-enclosed terrace, integrated into the community area without additional costs or municipal fees, as well as a garden area with tables that enhances the customer experience and boosts commercial appeal.
This asset is being sold with an ongoing business and a lease contract valid until 2032, offering an estimated return of between 5% and 6%. It represents a solid investment in an area with high residential density, excellent connectivity, and growing demand for local services.
Espacio interior
Espacio interior
Espacio interior
Espacio interior
Espacio interior
Presented by
Zona Sanchinarro
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