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Barrio Los Jerónimos 1,184 SF Retail Condo Unit Offered at $1,129,691 in Retiro, Madrid 28014
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INVESTMENT HIGHLIGHTS
- Ideal for investors
- Very central and busy area
- Gross annual return of 4.85%
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 6 |
| Property Subtype | Apartment | Year Built | 1900 - 1909 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Year Built | 1900 - 1909 |
1 UNIT AVAILABLE
| Unit Size | 1,184 SF | Condo Use | Retail |
| Price | $1,129,691 | Sale Type | Investment |
| Price Per SF | $954.13 |
| Unit Size | 1,184 SF |
| Price | $1,129,691 |
| Price Per SF | $954.13 |
| Condo Use | Retail |
| Sale Type | Investment |
DESCRIPTION
The premises have a built area of 110 m² and approximately 79 m² of usable space. All the area is located on the ground floor.
SALE NOTES
Excellent commercial space in Los Jeronimos. Located in an area with good communications and all kinds of businesses and services nearby.
The premises have a built area of 110 m2 and about 79 m2 useful. The entire surface on street level.
The space has a large façade, about 12 linear meters, high ceilings (3 meters), smoke outlet, hospitality license, capacity for 61 people.
It also has a terrace, seating for 16 chairs and 5 tables.
Gross annual return of 4.85% (4.68% net). Good contractual guarantees, of duration and mandatory compliance until November 2025.
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Barrio Los Jerónimos
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