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Calle de la Reina Mercedes, 12 5,769 - 7,276 SF Retail Condo Units Offered at $3,219,955 CAD Per Unit in Tetuán, Madrid 28020

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INVESTMENT HIGHLIGHTS

  • Great capacity for conditioning
  • Traditional hotel zone
  • Entrance to two streets

PROPERTY FACTS

Total Building Size 52,442 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 9
Typical Floor Size 5,823 SF
Year Built 1965
Lot Size 0.16 AC
Parking Ratio 0.4/1,000 SF

AMENITIES

  • Bus Line

SITE AMENITIES

  • Close to Public Transportation

2 UNITS AVAILABLE

Unit 1

Unit Size 5,769 SF
Price $3,219,955 CAD
Price Per SF $558.15 CAD
Condo Use Retail
Sale Type Investment or Owner User
Sale Conditions High Vacancy Property, Building in Shell Condition
DESCRIPTION

Commercial space located in one of the areas with the most traditional luxury hospitality, where we can find restaurants such as Opazo, Asador Gaztelupe, Goizeco Kabi and Pastelerias Mallorca.
It has excellent communications, both for private and public transport. In addition, all the necessary services are located a few meters from the building, including public parking lots.

The place is distributed on a street floor of 271 m2, a first floor of 403 m2 and a basement floor of 314 m2, the meters are useful.
The rent for the first year will be 16,000 euros, the second year 17,000 euros and the third year 18,000 euros.

The property requires a two-month legal deposit and a bank guarantee in the amount of 12 monthly installments.
It has access through two streets, through Calle Reina Mercedes and through Calle Don Quijote.

SALE NOTES

Oportunidad de adquirir un local comercial en bruto, libre de arrendatarios, ubicado en la calle Reina Mercedes 12 de Madrid. El inmueble cuenta con dos accesos, uno por la propia calle Reina Mercedes y otro por la calle Don Quijote. Se encuentra en una zona reconocida por su tradición hostelera de alto nivel, con establecimientos como Opazo, Asador Gaztelupe, Goizeko Kabi y las pastelerías Mallorca.

El entorno presenta una elevada demanda residencial tanto habitual como temporal (corta, media y larga estancia), favorecida por sus excelentes comunicaciones y la proximidad a oficinas, centros de negocios y educativos. El local dispone de salida de humos recientemente legalizada y cuenta con licencia de hostelería. Existe la posibilidad de dividir el espacio en dos unidades independientes. La parte comercial tiene una superficie de 535,64 m² y acceso principal por la calle Reina Mercedes.

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Unit 2

Unit Size 7,276 SF
Price $3,219,955 CAD
Price Per SF $442.54 CAD
Condo Use Retail
Sale Type Investment
Sale Conditions Redevelopment Project
DESCRIPTION

Commercial space located in one of the areas with the most traditional luxury hospitality, where we can find restaurants such as Opazo, Asador Gaztelupe, Goizeco Kabi and Pastelerias Mallorca.
It has excellent communications, both for private and public transport. In addition, you will find all the necessary services a few meters from the building, including public parking.

Composed of commercial premises and part of offices today.
High residential demand environment for both regular and temporary housing (short, medium and long distance) due to good communications and the existence of offices, business and study centers.

SALE NOTES

Oportunidad de adquirir un proyecto básico para el desarrollo de ocho viviendas, ubicado en la calle Don Quijote de Madrid. Esta parte del inmueble cuenta con una superficie de 676,02 m² y se encuentra en una zona de alta demanda residencial, tanto para estancias habituales como temporales. La ubicación destaca por sus excelentes comunicaciones, la cercanía a oficinas, centros de negocios y educativos, así como por la disponibilidad de todos los servicios necesarios a pocos metros, incluyendo aparcamientos públicos.

El proyecto ya dispone de una extensión de plazas de aparcamiento obtenida, lo que facilita su ejecución y mejora su atractivo para futuros residentes. La zona combina tradición hostelera de lujo con una creciente demanda habitacional, lo que convierte esta oportunidad en una inversión sólida y estratégica.

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  • Listing ID: 28663501

  • Date on Market: 2018-05-08

  • Last Updated:

  • Address: Calle de la Reina Mercedes, 12, Tetuán, Madrid 28020

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