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Calle Atocha

1,905 SF Retail Condo Unit Offered at $1,542,341 in 28012 Madrid

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Investment Highlights

Ideal for investors
Heavily trafficked area

Annual gross return of 5.12%

Property Facts

Price	$1,542,341	Property Subtype	Apartment
Unit Size	1,905 SF	Sale Type	Investment
No. Units	1	Building Class	C
Total Building Size	10,000 - 60,000 SF	Floors	5
Property Type	Multifamily (Condo)	Year Built/Renovated	1880 - 1889/1990 - 1999

Price	$1,542,341
Unit Size	1,905 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	5
Year Built/Renovated	1880 - 1889/1990 - 1999

1 Unit Available

Unit Puerta L1

Unit Size	1,905 SF	Condo Use	Retail
Price	$1,542,341	Sale Type	Investment
Price Per SF	$809.63

Unit Size	1,905 SF
Price	$1,542,341
Price Per SF	$809.63
Condo Use	Retail
Sale Type	Investment

Description

Excellent commercial space for sale in a profitable location in a central area of Madrid. Located in the best area of Atocha Street, a busy area with all kinds of businesses and services in the surrounding area.
The premises have an area of 177 m2. The entire surface on street level.
The space has a large façade, about 9.5 linear meters with direct access from the street with 3 windows, high ceilings (3 meters), wooden floor, air conditioning, warehouse, etc.
Annual gross return of 5.12% (4.98% net). Local rented with very good contractual guarantees and duration to a renowned tenant dedicated to fashion and accessories.