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Investment Highlights

  • Local in profitability
  • Surface in good condition
  • Consolidated residential and commercial area
  • Very bright

Executive Summary

Residential building located in the Malasaña neighborhood, within the Universidad (Centro) district, one of the most dynamic and established areas of Madrid. The surroundings combine traditional buildings with recent renovations and a vibrant urban life, highly valued both for permanent residence and investment purposes. The location boasts excellent transportation links, with nearby metro stations such as Tribunal, Noviciado, and San Bernardo, as well as numerous EMT bus lines connecting to the rest of the city. Access to main roads like Fuencarral, San Bernardo, and Carranza facilitates both pedestrian and vehicular mobility. The area offers a wide range of services: supermarkets, local shops, banks, pharmacies, and gyms, as well as schools, daycare centers, and health centers in the immediate vicinity. Cafés, restaurants, cultural spaces, and small creative businesses are also abundant, further enhancing the residential appeal of the area.

1 Unit Available

Unit Puerta 01

Unit Size 1,323 SF
Price $608,498 CAD
Price Per SF $459.94 CAD
Condo Use Retail
Sale Type Investment
Description

Local comercial de 123 m2 útiles y 155 m2 construidos, distribuidos en 65 m2 útiles en planta calle y 58 m2 útiles en planta sótano.

Sale Notes

Profitable commercial space for sale, located on Divino Pastor Street, within a well-established residential and commercial environment with a large amount of pedestrian and road traffic. It has good communications and is close to public transport, schools, shops, restaurants and all kinds of services.

It has an area of 123 m2 useful and 155 m2 built, distributed in 65 m2 useful on the street floor and 58 m2 useful on the basement floor. The place has no smoke outlet, has a toilet on the street floor and a large outdoor window, which provides great luminosity to the surface, making it very visible to pedestrians. It currently works as a beauty salon.

The property is in good condition and due to its technical characteristics, it allows multiple possibilities in the implementation of any commercial activity or office.

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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 17,491 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Typical Floor Size 3,498 SF
Year Built 1993
Lot Size 0.12 AC

Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 31536405

  • Date on Market: 2018-03-05

  • Last Updated:

  • Address: Calle del Divino Pastor, 32, Centro, Madrid 28004

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