Distrito centro 2,690 SF Retail Unit Offered at £942,975 in Centro, Madrid 28012

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INVESTMENT HIGHLIGHTS

  • Local in profitability
  • Area with a high density of foot and road traffic
  • Long-term contract with a return of 5%

PROPERTY FACTS

Price £942,975
Unit Size 2,690 SF
No. Units 1
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Unit)
Property Subtype Apartment
Sale Type Investment
Building Class B
Number of Floors 5
Year Built 1880 - 1889

AMENITIES

  • Natural Light

SITE AMENITIES

  • Close to Public Transport

1 UNIT AVAILABLE

Unit Puerta IZ

Unit Size 2,690 SF
Price £942,975
Price Per SF £350.55
Unit Use Retail
Sale Type Investment
DESCRIPTION

Commercial space located in the heart of Madrid, next to the renovated Canalejas, a few meters from Puerta del Sol.
It is a space of 250 m2 built in area distributed in 215 m2 on the street floor and 35 m2 in the basement. Located on a mixed farm in an excellent state of conservation.
In addition, it has authorization for the smoke outlet installation, although it is currently a ZPAE zone and does not allow the opening of new hospitality premises.
The location is particularly central, just a few meters from Puerta del Sol, Plaza de Canalejas, Plaza de Santa Ana, etc., hence its constant pedestrian and road flow.
The premises are rented to a multi-brand space with a predominance of manufactures from Central Europe.

  • Listing ID: 31263712

  • Date on Market: 26/09/2023

  • Last Updated:

  • Address: Centro, Madrid 28012