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Zona Tetuán

14,359 SF Retail Condo Unit Offered at $2,327,000 in 28039 Madrid

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Investment Highlights

  • Excellent location in the heart of Tetouan
  • In good condition
  • Profitability of 6.7%

Property Facts

Price $2,327,000
Unit Size 14,359 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 1990 - 1999
Parking Yes

1 Unit Available

Unit Puerta 01, Esc. 1

Unit Size 14,359 SF
Price $2,327,000
Price Per SF $162.06
Condo Use Retail
Sale Type Investment
Description

Investment opportunity for a commercial space rented to a renowned supermarket chain in Madrid capital.
It has a total ground floor area of 1,334 m2, consisting of three registered estates. It also has a representative façade facing a busy square, surrounded by shops.
He currently has a contract until 2037, with a gross income of 151,000€. Annual CPI and market reviews for the year 2027.

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Amenities

  • Natural Light

Site Amenities

  • Close to Public Transportation
  • Elevator
  • Listing ID: 31838168

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 28039 Madrid

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