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Zona Bellas Vistas

1,507 SF Retail Condo Unit Offered at $248,213 in 28039 Madrid

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Investment Highlights

Rented as a social club producing a return of 7%
Consolidated area of Tetuán with all kinds of facilities around

Very bright and with high ceilings of 4 meters

Property Facts

Price	$248,213	Property Subtype	Apartment
Unit Size	1,507 SF	Sale Type	Investment
No. Units	1	Building Class	C
Total Building Size	10,000 - 60,000 SF	Floors	9
Property Type	Multifamily (Condo)	Year Built	1960 - 1969

Price	$248,213
Unit Size	1,507 SF
No. Units	1
Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment
Building Class	C
Floors	9
Year Built	1960 - 1969

1 Unit Available

Unit Puerta 01

Unit Size	1,507 SF	Condo Use	Retail
Price	$248,213	Sale Type	Investment
Price Per SF	$164.71	Parking Spaces	Yes

Unit Size	1,507 SF
Price	$248,213
Price Per SF	$164.71
Condo Use	Retail
Sale Type	Investment
Parking Spaces	Yes

Description

Profitable sale of a 140 m2 premises located in the Bellas Vistas neighborhood.
Location very close to Bravo Murillo Street, in an area of Tetuán with multiple services and shops around.
The premises are composed of two registry units and have an open-plan layout. It has access from the street and currently works as a social club offering a return of 7%. It consists of a large open-plan area with a partition that can be removed, an office area, a warehouse and a toilet. It has 4-meter-high ceilings and a good shape coefficient (more than 6 meters in front of the façade). It is suitable for any activity except hospitality with smoke outlet. It has good qualities and has forced air extraction.
Possibility of parking space on the surface of the community. Good communication by public transport through several nearby bus stops and metro (Francos Rodríguez).