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Calle Hierbabuena

1,195 SF Retail Condo Unit Offered at $178,920 in 28039 Madrid

Some information has been automatically translated.

Investment Highlights

  • Profitability investment opportunity
  • Good condition
  • Consolidated residential area with high traffic
  • Good communications

Property Facts

Price $178,920
Unit Size 1,195 SF
No. Units 1
Total Building Size < 15,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class C
Floors 6
Year Built 1960 - 1969

1 Unit Available

Unit Puerta 01

Unit Size 1,195 SF
Price $178,920
Price Per SF $149.72
Condo Use Retail
Sale Type Investment
Description

Completely renovated and sanitized place, of more than 100m2 useful, enabled as a beauty center, with tenants, in operation. With a net return of 6.1%, in the district of Tetuán, in the neighborhood of Berruguete.
Consolidated business, active since September 2020 (more than 2 and a half years) and with a contract in force until August 2026, with the possibility of expansion, extendable annually. Serious tenants and good payers. Ideal as an investment.
In a passage area with access at street level, minimalist in style and tastefully decorated, it is located on floor -1, with direct access from the street, adapted for people with reduced mobility, thanks to its elevator-elevator (there is also a 9-step staircase, as an alternative form of access). It has air conditioning and heating, electric, through 3 splits distributed throughout the premises. Smoothed wall and wooden floor. Equipped with a full bathroom. With electric shutter, automatic, with remote control. It is soundproofed.
Very square in shape. With updated, new electrical panel. Equipped with 13 electrical outlets (4 in the ceiling, 7 in the living room, one in the bathroom and one in the office).
High ceiling with 18 LEDs. To take advantage of natural light, in addition to the front door, as a showcase, you will find another rectangular window with grilles in the living room (in addition to having its corresponding extractor fan in the bathroom).
Located near the Tetuán metro stop. Next to Sor Ángela de la Cruz Street, at the height of Lidl and Alcampo.

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Amenities

  • Natural Light

Site Amenities

  • Close to Public Transportation
  • Elevator
  • Listing ID: 31261972

  • Date on Market: 10/26/2023

  • Last Updated:

  • Address: 28039 Madrid

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