Calle Espartinas 1,539 SF Retail Unit Offered at £681,514 in Salamanca, Madrid 28001

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INVESTMENT HIGHLIGHTS
- Profitability of 4.5%
- Very versatile space
- Prime zone in the Salamanca neighborhood
PROPERTY FACTS
Price | £681,514 |
Unit Size | 1,539 SF |
No. Units | 1 |
Total Building Size | 10,000 - 60,000 SF |
Property Type | Multifamily (Unit) |
Property Subtype | Apartment |
Sale Type | Investment |
Building Class | C |
Number of Floors | 7 |
Year Built | 1900 - 1909 |
AMENITIES
- Natural Light
SITE AMENITIES
- Close to Public Transport
1 UNIT AVAILABLE
Unit Size | 1,539 SF |
Price | £681,514 |
Price Per SF | £442.83 |
Unit Use | Retail |
Sale Type | Investment |
DESCRIPTION
Excellent commercial space for sale at low street level located in a quiet street near Goya, Príncipe de Vergara, Alcalá and the Retiro Park streets. Prime area of the Salamanca neighborhood, where residential homes, offices, shops and restaurant businesses combine. Perfect investment!
The property measures 143 m2, according to the cadastre: 74 m2 on the street floor, 49 m2 in the basement and 20 m2 of common areas. It has a smoke outlet and a kitchen. The ceilings are high, there is air conditioning and it is divided into two floors: street floor with open space for a restaurant, bar and kitchen or store and warehouse or garbage room; and basement with 2 renovated bathrooms, storage room and large capacity warehouse for refrigerators, cellar or storage.
Communications are exceptional, right in the heart of the Salamanca neighborhood, in the center of Madrid, a stone's throw from 3 metro stations: Príncipe de Vergara (L-2 and 9), Goya (L-2 and 4) and Velázquez (L-4) and many bus lines. Very close to the department stores of El Corte Inglés. Several car parks in the area. You can walk to the Retiro Park and the Puerta de Alcalá and the shops of Serrano.