Zona Argüelles Multi-Family CONDO FOR SALE


Madrid, MAD 28008
$2,200,000 USD
, Madrid, MAD for Sale
$2,200,000 USD
Multi-Family CONDO - FOR SALE
1/31
null | Request Cap Rate

Zona Argüelles
Madrid, MAD 28008


HIGHLIGHTS

  • Excellent location
  • Local in profitability
  • Ideal for investors

OVERVIEW

Excellent commercial space for sale in the neighborhood of Argüelles. Located a 3-minute walk from the Plaza de España in Madrid. Currently, the space is for rent with a return of 6.5%, and a 10-year contract. It is a restaurant that occupies the entire ground floor of the exterior building, and the ground floor, first floor and terrace of the interior building. The space has 758 m2 built area. There are about 328 m2 useful on the street floor, 182 m2 useful on the 1st and 2nd floors and 53 m2 useful in the basement. In addition, it has a useful terrace of about 182 m2. It consists of a separate living room with access to the street, a bar area of 7 linear meters with high tables, a central patio, a kitchen with a cold room and a freezer, 3 dining rooms, and a basement. The terrace is private and overlooks the central interior patio. It is fully glazed, which brings a lot of natural light to the interior of the room. Current capacity of 91 people. Activity license since 1998. Renovated in mid-2019. Community fees: 125€/month. Ideal for investors.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Zona Argüelles

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

16,468.782 SF

STORIES

6

BUILDING CLASS

C

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

9554314VK3795D

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Jose CoronadoAldebarán InmobiliariaMore Info

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Jose CoronadoAldebarán InmobiliariaMore Info

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