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Investment Highlights

  • Currently rented and with a return of 5% per year.
  • Busy and well-connected area
  • Good location

Executive Summary

Residential building with 6 floors above ground.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta 03
  • 775 SF
  • Retail
  • $1,352,183 CAD ($1,744.75 CAD/SF)
  • $67,609.14 CAD
Sale Type Investment
Cap Rate 5.00%
Description
Local con una superficie de 72,26 m2 totales distribuidos en 52,26 m2 en planta calle y 20 m2 en planta sótano.
Sale Notes
Commercial space currently rented to a very solid operator and with a return of 5% per year.

It is located in the heart of the downtown district, very close to Hortaleza Street and Pelayo Street, in a commercial area of Madrid, with great pedestrian traffic, road traffic and very well connected by metro and bus.

It has a total area of 72.26 m2 distributed in 52.26 m2 on the street floor and 20 m2 on the basement floor.

It has a façade of 5 linear meters, a ceiling height of 3 meters, a toilet, heating and air conditioning.

Smoke outlet: no.
Unit Unit Size Condo Use Price NOI
Unit Puerta 03 775 SF Retail $1,352,183 CAD ($1,744.75 CAD/SF) $67,609.14 CAD

Unit Puerta 03

Unit Size
775 SF
Condo Use
Retail
Price
$1,352,183 CAD ($1,744.75 CAD/SF)
NOI
$67,609.14 CAD

Unit Puerta 03

Unit Size 775 SF
Condo Use Retail
Price $1,352,183 CAD ($1,744.75 CAD/SF)
NOI $67,609.14 CAD
Sale Type Investment
Cap Rate 5.00%
Description
Local con una superficie de 72,26 m2 totales distribuidos en 52,26 m2 en planta calle y 20 m2 en planta s&#243;tano.</li></ul>
Sale Notes
Commercial space currently rented to a very solid operator and with a return of 5% per year.<br> <br> It is located in the heart of the downtown district, very close to Hortaleza Street and Pelayo Street, in a commercial area of Madrid, with great pedestrian traffic, road traffic and very well connected by metro and bus.<br> <br> It has a total area of 72.26 m2 distributed in 52.26 m2 on the street floor and 20 m2 on the basement floor.<br> <br> It has a fa&#231;ade of 5 linear meters, a ceiling height of 3 meters, a toilet, heating and air conditioning.<br> <br> Smoke outlet: no.</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 12,658 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 6
Typical Floor Size 2,110 SF
Year Built 1900
Lot Size 0.06 AC

Amenities

Site Amenities

  • Elevator
  • Listing ID: 35102316

  • Date on Market: 2025-03-11

  • Last Updated:

  • Address: Calle de Augusto Figueroa, 22, Centro, Madrid 28004

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