1 Calle Jerónima Llorente - Apartments CONDO FOR SALE


Madrid, MAD 28039
$1,200,000 USD
1 Calle Jerónima Llorente, Madrid, MAD for Sale
$1,200,000 USD
Apartments CONDO - FOR SALE
1/15
null | Request Cap Rate

1 Calle Jerónima Llorente
Madrid, MAD 28039


HIGHLIGHTS

  • Local with lots of natural light inside
  • Completely refurbished
  • It was formerly a coffee shop

OVERVIEW

Commercial corner with façade to Francos Rodríguez and Jerónima Llorente 1 streets. It is located in a privileged location, with a lot of foot traffic, since it is part of a very commercial ecosystem with a lot of people. Francos Rodríguez is one of the commercial arteries of the Tetuán neighborhood, between no less than two of the main retail streets, such as Lope de Haro and Bravo Murillo. The stretch in which it is located is very lively both in the residential aspect and because of the variety of shops and services that integrate it. The place has a very unique aesthetic, with the roof, it recreates the style of old inns, giving it a great presence thanks also to its extraordinary corner façade. The condition of the premises is good on the ground floor, it would only need adaptation to the new business format and a variety of alternatives for use. It also has an entrance through the residential building. The place consists of three floors connected to each other, a ground floor with lots of light, a basement with good height plus a first floor that gives greater space and possibilities to the room. Each floor has approximately 100 m2, making a total of 300 m2. Currently empty, being the last business to operate a coffee shop. It has no smoke outlet. The three floors of the premises are spacious and diaphanous with easy integration into the business that you plan to carry out, since their morphology makes it very flexible and the good size of the plants welcomes the diversity of businesses to be implemented. Depending on its use, it will have to be adapted to comply with current regulations.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$372 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

15,177.113 SF

STORIES

7

BUILDING CLASS

B

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,271 SF

ZONING

-

APN/PARCEL ID

0386501VK4708E

ASK ABOUT THIS PROPERTY

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