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Avenida Reyes Católicos, 23 592 SF Retail Condo Unit Offered at $225,239 CAD in Alcalá de Henares, Madrid 28802
Some information has been automatically translated.
Investment Highlights
- Profitable premises, ideal for investors
- Heavily trafficked area
- In perfect condition
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
Great opportunity for investors. Commercial space of 55 m2 in one of the main avenues of Alcalá de Henares.
It has been operating as a bar-restaurant for more than 20 years. It is currently leased for 800 €/month, with the lease ending on October 31, 2027, with the possibility of extending it for 4 more years.
In 14.58 years, investment would recover. Note that there is an update of annual income based on the CPI, so the return on investment will occur much sooner. There are no community fees for homeowners.
It has been operating as a bar-restaurant for more than 20 years. It is currently leased for 800 €/month, with the lease ending on October 31, 2027, with the possibility of extending it for 4 more years.
In 14.58 years, investment would recover. Note that there is an update of annual income based on the CPI, so the return on investment will occur much sooner. There are no community fees for homeowners.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 592 SF | Retail | $225,239 CAD ($380.47 CAD/SF) | - |
-
| Unit Size |
| 592 SF |
| Condo Use |
| Retail |
| Price |
| $225,239 CAD ($380.47 CAD/SF) |
| NOI |
| - |
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| Unit Size | 592 SF |
| Condo Use | Retail |
| Price | $225,239 CAD ($380.47 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| Great opportunity for investors. Commercial space of 55 m2 in one of the main avenues of Alcalá de Henares. <br> <br> It has been operating as a bar-restaurant for more than 20 years. It is currently leased for 800 €/month, with the lease ending on October 31, 2027, with the possibility of extending it for 4 more years. <br> <br> In 14.58 years, investment would recover. Note that there is an update of annual income based on the CPI, so the return on investment will occur much sooner. There are no community fees for homeowners.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 7,147 SF | Typical Floor Size | 3,574 SF |
| Property Type | Retail (Condo) | Year Built | 1975 |
| Building Class | B | Lot Size | 0.08 AC |
| Floors | 2 |
| Total Building Size | 7,147 SF |
| Property Type | Retail (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,574 SF |
| Year Built | 1975 |
| Lot Size | 0.08 AC |
Amenities
- Close to Public Transportation
- Natural Light
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Nearby Major Retailers
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Avenida Reyes Católicos, 23
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