Zona Nueva España 2,690 SF Retail Condo Unit Offered at $1,073,107 in Chamartín, Madrid 28036

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INVESTMENT HIGHLIGHTS

  • Excellent return of 5.05% per year
  • Good condition in a busy commercial area
  • Magnificent location

PROPERTY FACTS

Price $1,073,107
Unit Size 2,690 SF
No. Units 1
Total Building Size > 50,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment or Owner User
Building Class C
Floors 11
Year Built 1960 - 1969

1 UNIT AVAILABLE

Unit Size 2,690 SF
Price $1,073,107
Price Per SF $398.92
Condo Use Retail
Sale Type Investment or Owner User
DESCRIPTION

Magnificent commercial space for cold hospitality.

This is an excellent opportunity and with a high return of 5.05% per year. It is currently rented to a renowned operator, in the heart of the Chamartín district and a few meters from Paseo de la Castellana, in a commercial and residential area of Madrid, with heavy foot traffic and road traffic.

It has a total area of 250.74 m2 distributed over two floors; 74.90 m2 on the ground floor and 175.84 m2 on the basement floor.

It has a 10-meter façade with shop windows, ceilings up to 3 meters high, floating parquet floors, hot and cold air conditioning and toilets.

It has no smoke outlet.

AMENITIES

  • Bus Line

SITE AMENITIES

  • Close to Public Transportation
  • Doorman
  • Elevator
  • Listing ID: 35286328

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: Chamartín, Madrid 28036