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Ronda Valencia

2,045 SF Retail Condo Unit Offered at $1,246,379 in 28012 Madrid

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Investment Highlights

Ideal for investors
Excellent commercial location

Gross annual return of 4.50%

Property Facts

Price	$1,246,379	Property Subtype	Apartment
Unit Size	2,045 SF	Sale Type	Investment
No. Units	1	Building Class	C
Total Building Size	< 15,000 SF	Floors	4
Property Type	Multifamily (Condo)	Year Built	1900 - 1909

Price	$1,246,379
Unit Size	2,045 SF
No. Units	1
Total Building Size	< 15,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment
Building Class	C
Floors	4
Year Built	1900 - 1909

1 Unit Available

Unit Puerta DR

Unit Size	2,045 SF	Condo Use	Retail
Price	$1,246,379	Sale Type	Investment
Price Per SF	$609.48

Unit Size	2,045 SF
Price	$1,246,379
Price Per SF	$609.48
Condo Use	Retail
Sale Type	Investment

Description

Magnificent commercial space for sale in Ronda de Valencia. Located in an area with a high traffic of pedestrians and vehicles, with good communications and all kinds of businesses in the surrounding area: shops, art galleries and shows, restaurants, bars, banks, etc.
The premises have a built area of 190 m2 and about 180 m2 useful. The entire surface at street level.
It has about 6 linear meters of façade, window, natural light, high ceilings (3 meters), smoke outlet, bar-restaurant license (definitive license),
Gross annual return of 4.50% (4.09% net). Local rented with very good guarantees to a renowned tenant dedicated to catering with a well-known and successful restaurant.