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Calle Bravo Murillo, 296 6,038 SF Retail Condo Unit Offered at $3,043,239 CAD in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

Large corner façade with large windows
Area of high pedestrian and road traffic

Rented with a return of 6%

PROPERTY FACTS

Total Building Size	46,317 SF	Typical Floor Size	5,145 SF
Property Type	Multifamily (Condo)	Year Built	1979
Property Subtype	Apartment	Lot Size	0.37 AC
Building Class	C	Parking Ratio	2.15/1,000 SF
Floors	9

Total Building Size	46,317 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	9
Typical Floor Size	5,145 SF
Year Built	1979
Lot Size	0.37 AC
Parking Ratio	2.15/1,000 SF

SITE AMENITIES

Close to Public Transportation

1 UNIT AVAILABLE

Unit Puerta 04

Unit Size	6,038 SF	Condo Use	Retail
Price	$3,043,239 CAD	Sale Type	Investment
Price Per SF	$504.01 CAD

Unit Size	6,038 SF
Price	$3,043,239 CAD
Price Per SF	$504.01 CAD
Condo Use	Retail
Sale Type	Investment

SALE NOTES

Profitable sale of corner commercial space located on Bravo Murillo Street.
Location in a very commercial area, with high pedestrian and vehicle flow.
The space is currently leased to a dental and aesthetic clinic. It produces a return of 6%. Contract in force since 2021, due in 2031.
The tenant is trustworthy and financially stable, with the business operating for more than three years.

The space is distributed over three floors and is in an excellent state of conservation. Also noteworthy are its large windows on the ground and first floors. The distribution of its different heights is detailed below:
Ground floor of 154 m2, with glass partitions that separate the waiting room, several offices and rooms, as well as a bathroom adapted for people with reduced mobility.
First floor of 264 m2, consisting of 5 offices/cabins or cabinets, an open-plan area, natural light from the street and emergency exit.
Basement of 147 m2, with changing rooms, bathroom, warehouse, office kitchen and storage room.